Are signs of economic recovery causing cash flow complacency?

Maintaining financial resilience and liquidity should be a priority for all organisations. Andy Lilley, managing director – invoice to cash at BlackLine, explains how F&A teams can control their cash flow

In the four years following the Covid-19 pandemic, the UK has been met with supply chain disruptions, inflation surges, rising interest rates, geoeconomic tension, energy crises, failing banks and labour shortages: all of which have resulted in the most economically tumultuous environment facing finance and accountancy (F&A) teams for decades.

With inflation now coming down and interest rates steadying, it’s easy to feel reassurance at signs of economic recovery. But despite this, warnings of weakness in the economy continue to appear, accentuating the uncertainty that businesses could continue to face.

With this in mind, maintaining financial resiliency and liquidity must remain a priority for all organisations. So, how can F&A teams keep their cash flow under control to keep their organisations both secure and on the best footing to capitalise on potential growth opportunities ahead?

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