Cashflow Optimisation
Crucial insights to manage business
Cashflow optimisation is enhancing cash resources to run your business efficiently and grow. It involves setting budgets, forecasting and Key Performance Indicator (KPI) targets to measure your results. It provides accountability and a clear picture of your business performance.
Cashflow management is critical when it comes to running a business. If it’s not managed, stress is caused having a negative impact on your ability to operate the business effectively. It can affect your reputation with suppliers, customer service and staff loyalty.
Cashflow optimisation gives you untapped insights to make informed decisions for your business. Our service is designed to partner with you, monitor and improve your financial position.
We consider factors that affect your cashflow and create a plan focused on your goals. Some of these factors considered are;
- Your current position
- Your payment terms with your customers
- Your payment terms with your suppliers
- Customer Payment services
- Seasonal fluctuations
- Employment needs
- Future growth plans
- Impacts by purchasing assets
- Introduction of new products
1. Discovery
It is important at the start with discovery. Every business is unique and a plan needs to be custom to suit your business. During this phase, we learn about your goals, pain points and strengthens. We also analyse your current position to get a full picture of your cashflow.
3. Monitoring
Cashflow Optimisation cannot be set and forget. For a successful shift in your cashflow, results need to be monitored against your goals. The timing of events may affect your budget depending on a shift in situations. With ongoing, monthly monitoring, we can factor these situations and forecast the impact on your cashflow. This gives you peace of mind that we will support by monitoring your financial performance so you can focus on growing your business.
2. Planning
The planning stage is where the foundations are built. We consider factors uncovered along with past performance to set a realistic achievable budget for the financial year. We will also set KPI’s for budget monitoring to make monumental improvements for gradual business growth.
