Cashflow Management
Cashflow planning is best practice in any business and critical to survival and growth. Our Cashflow Management service is designed to help you improve your Cash Conversion Cycle and maximise your cashflow. It will allow you to predict large cash outflows and respond to changes in your business.
What's covered?
- How to put in place basic cashflow maximisation strategies
- How to recognise the difference between cash and profit
- How to increase profitability and cashflow
- Understanding a cashflow forecast
- How to develop a monthly monitoring routine to review all essential reports
- How to set achievable 60-day and 12-month goals
Outcomes
- Have a better understanding of the cash cycle in the business
- Make better decisions by understanding cash and liquidity
- Understand the key cashflow drivers in your business
- Predict and plan for large cash outflows
- Monitor your actual cashflow against forecast
- Improve your business processes to maximise cashflow, profit and business value
- Identify ways to avoid late payment penalties and interest from suppliers
- Improve communication and relationships with your financiers and suppliers
Managing cashflow is all about your business processes. After preparing a Cashflow Forecast we’ll conduct a thorough review of your processes and identify any potential causes of poor cashflow so that we can treat the underlying issues.
We’ll meet with you on a quarterly basis to monitor, analyse and adjust your key cashflow drivers. Acting as your accountability
coach, we’ll help you set annual goals and devise a 90-Day Action Plan to ensure you implement improvement strategies for maximum results.
Contact us today on +64 3 474 0475 to book your Cashflow Management session.