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  • REACT - safeguarding your business

REACT - safeguarding your business

Beginning of the downturn. Initial risks are assessed. Immediate crisis management actions are required to ensure employees are safe and healthy, capital is adequate, and suppliers and customers are closely connected with the business. Planning is based on Government policy, guidelines and support.

The way in which companies respond to the initial impact of the COVID-19 crisis, minimising the catastrophic effects on its business operations, employee safety, supply chain and ongoing financial viability.

 

Safeguarding your business in a crisis

BDO can help you respond

 

REACT challenges

-    PEOPLE – employee health & safety
-    STRATEGY & OPERATIONS – Crisis management and customer retention
-    RISK – supply chain continuity
-    FINANCIALS – Liquidity & cashflow
-    REGULATION – Regulatory response & policy development

 

REACT objectives

-    Keep employees safe
-    Improve cash flow & liquidity
-    Streamline operations
-    Stabilise business
-    Retain customers
-    Mitigate supply chain disruption
-    Optimise inventories
-    Minimise liabilities
-    Bolster cyber security
-    Reduce contract risk

Impact Risk and Response guide

While the uncertainty created by COVID-19 can be hard for businesses to manage, robust

View our article

Considerations for ISAE 3402 reviews

A guide providing a perspective on the impact COVID-19 may have on ISAE 3402 reporting

Download our guide

Business resilience

Are you still compliant with Cyber Essentials and GDPR now you have adopted home working?

Download our guide

Working from home and virtual meetings

Useful tips for people who need to work and meet remotely.

Download our guide

WFH & BYOD Security

Are you still compliant with Cyber Essentials and GDPR now you have adopted home working?

Download our guide