In times of uncertainty and disruption, leveraging your data and knowledge is critical to the survival and success of your business.
Previously healthy businesses are now feeling pressure from all sides, as customers withhold settlement and suppliers demand faster payment.
Adding to this challenge, trading partners are seeking greater insight into the trading performance and financial strength of their key counterparties.
Businesses, now more than ever, need to reflect on key internal and external drivers of their trade, significant risk areas, potential mitigating actions and data available to support commercial and operational decision making.
Counterparty due diligence could greatly enhance your decision making. This could be performed on customers, suppliers or competitors, or you may wish to turn the lens on your own business. Analysis can be performed on publicly available information combined with commercial analysis or with the cooperation of, and access to, the relevant business.
This will help position your business to trade through the current challenges and emerge on a stable footing ready to thrive and capitalise on growth opportunities, whether driven by organic measures or an M&A strategy.
KPMG Deal Advisory can help companies rapidly navigate these matters.
If you have any related questions or need further information about KPMG’s response to COVID-19, please get in touch with our Deal Advisory team for assistance.