The value of cashflow forecasting during a crisis

During the ongoing COVID-19 crisis, many sectors are seeing income either disappear completely or drop to concerning levels. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and take the appropriate action to safeguard your cash position.

Forecasting your future cash pipeline

Projecting your cashflow pipeline forwards during a crisis is vital. Having access to detailed forecasts helps you to scenario-plan, search for cost-savings and look for strategies that will preserve your cashflow position.

Remaining in control of the cash coming in to (and going out of) the business is the real focus, so you can accurately predict your financial position and can resolve any issues.

Key ways to get more from your forecasting

Talk to us about setting up cashflow forecasting. Forceasting is an important step to give you the business intelligence to support your decision making.

We understand that cashflow is tight at present, so we have partnered with the Regional Business Partner Network and the Otago Chamber of Commerce who will provide up to a 50% subsidy on our Cashflow Forecast service for eligible businesses.

Get in touch on 03 474 0475, to speak with one of our specialist business advisers who can assist you in improving your control over cashflow.

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