Intelligent CXO Issue 18 | Page 41

FEATURE

Cash flow optimisation has been a strategy long pursued by businesses . However , new research from C2FO has revealed that enterprises are increasingly struggling due to inflation supply chain weaknesses and interest rates , with many now finding it difficult to access capital .

Persistent inflation , supply chain weaknesses and concerns over the severity of interest rate hikes are pushing more business leaders to make difficult decisions to preserve the economic health of their companies , according to the worldwide 2022 Working Capital Survey from C2FO – one of the largest global platforms for working capital .

While most respondents said they currently have the liquidity they need , the onset of a recession – which many economists are forecasting for 2023 – may weaken their ability to access critical capital . More specifically , the situation for small- and medium-sized businesses with less liquidity can quickly compound as banks tighten their lending requirements and operational expenses continue to rise . Already , access to capital has been a challenge for many US companies :

MORE BUSINESSES ARE FACING NEW CHALLENGES IN ACCESSING CAPITAL

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