Turbulence in financial markets has further compounded as business operations encounter interruptions from the COVID-19 virus. While monitoring for the long-term financial ramifications from the pandemic, leaders also face challenges with day-to-day functions like managing employee headcount and ensuring their remote workforce can securely access company systems. The following considerations may help ensure your organization is responsive to the uncertainty caused by the COVID-19 pandemic.
Business disruption often shows up quickly in your organization’s cash flows. The wide-ranging repercussions from the COVID-19 pandemic have taken a dramatic toll, and your organization will likely feel a financial impact to some degree.