Optimising working capital – a ‘must’ for every business in the post-pandemic world
Even before COVID-19, growth in the global economy had slowed. The impact of the pandemic however has dramatically accelerated that trend as consumer spending has dropped and global trade reduced, with an expected surge in insolvencies and defaults globally. Through their global insolvency index, Insurer Euler Hermes estimates (COVID-19: Quarantined economics, March 23 2020) record high insolvencies…
