Cash Flow Management

Poor cashflow is the number one reason businesses fail.

A very profitable business can experience extreme cashflow problems, just as an unprofitable business can survive if it’s well funded.

Cashflow planning is best practice in any business and critical to survival and growth.

Setting targets and monitoring your actual cashflow against your forecast will enable you to predict large cash outflows and respond to changes in your business.

Whether your bank has requested a Cashflow Forecast or not, every business owner needs an understanding of cash and liquidity for better decision making.

All businesses should have a Cashflow Forecast in place at the beginning of the new financial year. Having said that, we can prepare one at any time.

Monitor actual cashflow against forecast in your accounting or reporting software
Allows you to predict and plan for large cash outflows
Understand key cashflow drivers and your business's Cash Conversion Cycle
Identify ways to avoid late payment penalties and interest
Improve your relationships with financiers and suppliers
Gain an understanding of cash and liquidity for better decision making
Peace of mind that your cashflow needs are known and properly funded
Improve business processes to boost cashflow, profit and business value
Drive your business to achieving your goals in a managed way