Indian River Consulting Groups weekly Pandemic Revenue Index for the week of April 6-10, 2020, indicated a 29.36% decline compared with the same week a year ago. The decline confirms that the improvement in the prior week was an anomaly.
Total industrial production fell 5.4% in March, as the COVID-19 pandemic led many factories to suspend operations late in the month.
Streamlining the order-to-cash process can play an important role in helping distributors to stay on top of accounts receivable and reduce DSO at a time when cash generation is of paramount importance during the COVID-19 economic slowdown.
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