Covid-19 is changing the way the world operates. Many businesses are suffering unimaginable losses as their business and revenue streams dry up. Other industries such as food and transportation are seeing demand outstrip supply and are managing increased supply chain pressures, whilst sales opportunities present at an unrecognisable pace.
Our experts are on hand to discuss current market conditions and how EQ Riskfactor can help you to manage risk during these challenging times. Talk to us today
Here are some of the things our team are observing:
Many clients and debtors are slowing payments, even within those sectors showing growth, impacting cashflow.
Audits are more challenging
There are challenges to both on premise and desktop audits on the availability of people and the integrity of the information.
High demand for additional funding
EQ Riskfactor can help you to decide which businesses should proactively be considered for additional funding, you can be guided by:
- 90 day risk score < 30
- Dilution not triggering ‘alert’ or ‘caution’
- DSO not at ‘alert’ or ‘caution’
Appropriate monitoring and support can reduce your risk overall and you may wish to supplement the view with bank accounting and bank transaction data feeds.
Talk to our experts
We are here to help you and for us it is business as usual. We want to ensure that our clients have everything they need from us. Please do get in touch for a quick chat, we'd love to share our expertise with you. You can call us on: +44 (0)1903 698 600 or email us.