Amyot Gélinas Group
Launch of a tool for analyzing and calculating your cash management
–BLAINVILLE, May 25, 2020- Since March 15, 2020, many companies are facing new cash flow realities. And there are many questions on the minds of business leaders as to whether they can resume operations in the short, medium or long term.
Are you able to calculate your company’s non-deferrable expenses, as well as other factors affecting working capital, such as increased DSO (Days Sales Outstanding), production speed, etc.?
If the answer is no, Groupe Amyot Gélinas can help you with its real-time computer tool, which calculates your company’s liquidity needs in several steps.
“Until December 31, 2020, it is imperative to determine the cash requirements needed to relaunch your activities, including the costs attributable to the additional measures required by COVID-19,” explains Marc Legault, CPA, CGA and partner at Amyot Gélinas. To do this, you need to ask yourself the right questions. Establish a budget, check whether you have enough cash, in short, determine which programs are best for your company.”
Support in the process of establishing liquidity requirements and applying for financing is vital if your company is to emerge from this crisis unscathed. In the current climate of uncertainty, budgeting is a tool that can be adapted to changing circumstances. Needs can change along the way, which is why it’s important to keep a close eye on your finances.
Groupe Amyot Gélinas is an important ally in helping you through this unprecedented crisis. We’re here to help.
History
For the past 25 years, Amyot Gélinas, s.e.n.c.r.l., a firm of chartered professional accountants, has been helping its customers to progress by offering a wide range of high-quality services. With a multidisciplinary team of over 125 employees, the company has the skills to meet all your accounting, tax and consulting needs.
Among the top 20 accounting firms in Quebec, the firm has become the reference in the greater Laurentides and Lanaudière regions.
Pictured: Marc Legault, CPA, CGA and partner at Amyot Gélinas.
