Cash and liquidity management
Delays in receivables and payables will impact the cash flow cycles of private enterprises, leading to a greater need for liquidity and capital planning and better cash management. KPMG can assist with stress testing, cash flow forecasting, scenario modelling, and managing lending availability.
Business continuity planning
Private enterprises would need sustainable business continuity plans in place to mitigate the impact of such crises in future. KPMG can assist with services such as stress testing, and devising crisis management strategies and contingency planning, to ensure that businesses run with minimal impact.
Supply chain and operations
The companies in the sector are facing significant issues in supply chain and logistics globally. KPMG can assist companies in assessing supply shortage, working capital and transportation challenges (both inbound and outbound). Support can also be provided with respect to scenario planning, inventory, supply and customer demand.
The Covid-19 pandemic has led to regular changes being announced related to tax requirements, deferrals and incentives across geographies. KPMG can assist companies in monitoring these changes, evaluating tax obligations, tax modelling and other updates related to direct and indirect tax and transfer pricing.
Mergers and acquisitions
The Covid-19 pandemic has adversely affected the valuation of many companies in the sector. This gives an opportunity to companies actively looking for inorganic growth. KPMG can assist companies throughout the entire M&A deal lifecycle. Our professionals combine a global mindset, local experience and deep sector knowledge to help clients in navigating the complex process of buying or selling a business.
Post the crisis, companies are expected to focus on digital transformation to become more agile and responsive. Companies may look to invest in adopting advanced technologies such as artificial intelligence and machine learning, robotic process automation and mobile technology and augmented/virtual reality.
KPMG can assist by providing digital transformation (including industry 4.0) advisory services.
The Covid-19 pandemic has forced enterprise businesses to explore options of telecommuting, teleconferencing and various cloud products which has brought in new cyber risks in addition to the obvious benefits of remote working arrangements. KPMG can assist enterprise businesses in navigating the complex areas of cybersecurity by performing rapid audits of remote working arrangements as well as deep dive security assessments of remote working technologies.
With the large number of employees working remotely, we can assist organizations in identifying the importance of migrating more systems and applications to the cloud, as it offers greater bandwidth and capacity than if the employees are accessing on-premise servers remotely.
Cost reduction strategies
With companies reducing their profit outlook, an increased focus on cost reduction, efficiencies and revised savings targets can be expected. KPMG can provide assistance with cost reduction strategies, identify low cost opportunities and protect net profit.
Corporate Treasury Advisory services can help firms to reduce debt, manage currency and commodity risks, and with hedging and addressing P&L volatility.