1. Resource Library

COVID-19 Response – MDM Live Event: Cash Flow Management

Published on 1 min read

In this 20-minute video, John Gunderson, VP of Analytics and e-Business at Modern Distribution Management (MDM), explains what distributors and manufacturers can do today to manage cash flow in the face of the COVID-19 pandemic.

COVID 19 cash flow management

John recommends 5 levers that you as a distributor could pull to strengthen your position:

  1. Cash discounts
  2. Special terms for specific customers
  3. Rebates
  4. Stock programs
  5. Manage your back orders aggressively
  6. BONUS TIP: Automate your AR and AP

Interested in learning more? MDM are hosting weekly live events with leaders across the wholesale distribution sector. Register for the next event here.

Always stay up-to-date

Join the 50,000 accounts receivable professionals already getting our insights, best practices, and stories every month