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

In this 20mins 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.

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.

Published by Katie Canton

Katie Canton has been helping companies develop and implement successful social media, content marketing, and marketing communications strategies for more than 10 years. Since joining VersaPay in 2018, she writes on topics such accounts receivables automation, Customer-Centric AR, collections management, and fintech.

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