A troubled company’s most vital resource is its liquidity, not only to satisfy its debts as they come due, but also to instill confidence to its customers, suppliers and lenders. Successful liquidity management provides the company with restructuring options, while
liquidity starved institutions are left with few options other than sale or liquidation. Troubled companies that can create liquidity through internal actions such as working capital management and cost reductions can buy time to make operational changes and explore consensual solutions with their creditors.

Generating and managing cash is one of the most crucial components of a turnaround, and has been honed to a high art form at Codexius Strategy

We work with management to focus on quickly understanding how cash is generated, how it is disseminated and how to identify opportunities to rebalance those processes to better manage and ultimately build cash.

During a crisis, companies must actively forecast and track their cash flows. The cash forecast becomes not only a tool that enables a company to

communicate with its bankers and constituencies, but also a critical operating tool, enabling swift action and organizational accountability through measured results.

Our experienced professionals use proprietary tools and methods, as well as old-fashioned common sense, to create a collaborative and results focused “cash culture,” with an urgent emphasis on improving collections velocity and reducing disbursements. The resulting process is focused on accuracy, timing and execution—which in today’s economy are everything.

During our 8-year history, we have proven our ability to successfully manage many complex turnarounds. That success can be directly attributed to helping companies manage their liquidity in extremely challenging environments.