fbpx

Benefits of cash forecasting services

 In Advice

Taking accounting from compliance to value creation is a key part of our company vision. In 2019 our firm began to provide value-adding services, such as cash-flow forecasting, budgeting, and internal audit. This blog post explains how your business can benefit from cash-flow forecasting.

What is cash-flow forecasting?

A cash flow forecast is an estimate of future cash inflows and outflows over a given period of time which allows you to understand your net cash flow position, a useful tool for budgeting.

What are the benefits of a cashflow forecast?

Cashflow forecasting allows you to:

  • see any potential cash problems before they arise, giving you time to find a solution;
  • understand a detailed view of business spending to keep within your budget;
  • ensure you meet your obligations (i.e suppliers, loan repayments or salaries) or;
  • raise finance from banks and other investors
  • understand when to reinvest in your business

 How do we work?

We combine our expertise and FUTRLI software to meet your unique requirements. Before completing the forecast, we offer you a free consultation, which allows us to get to know your business and understand your individual business needs. In addition to creating a cash-flow forecast, we will offer practical business advice to assist with boosting cash flows.

 

Recommended Posts