Most CFOs have found themselves in the difficult position of trying to predict end-of-the-month cash flow. It seems like a simple question, but any CFO knows that it typically requires a fairly long answer with a lot of “ifs” and “buts.” If all of our expected receivables come in and we don’t incur any unforeseen expenses, we’ll end up around here. But there’s always the chance that an invoice won’t be paid on time or that a one-time expense crops up at the last second.
If you’re hoping to more accurately project (and have time to correct) end-of-the-month net cash flow, there is a better option. In our new FREE guide we break cash flow management into 3 easy steps:
Analyzing what receivables are coming in before the end of the month using customer-specific payment histories.
Tallying exactly what bills you will pay by analyzing historical payments and factoring in accrued expenses and liabilities.
Correcting the variance by identifying the best levers to pull to free up cash and manipulating cash outflows.
So if you don’t want to be caught squirming in the hot seat again, download our brand new FREE cash flow management guide.