Planning, budgeting cash flows and forecasting
Planning and managing cash flow is key to your business success, and understanding how your future plans are likely to impact on your cash flow requires at least some degree of formal modelling.
Our approach builds on our work structuring your data and making information accessible through simple tried and tested methods.
We build dynamic integrated models which link to your nominal, so that as your accounting records are updated, so they are reflected with one click in the cash flow model.
Such a cash flow model can be a powerful management tool, guiding you on how much to pay out each month, alerting you to trends in the business such as slowing payments or rising production costs, giving you time to act before a crisis arises.
Taken further, a good model can draw in information on non financial aspects of the business such as ordering data and process lead times.
As a replacement for your management accounts, our models work well too - showing your actual results alongside latest forecasts, bringing your future into focus.
Best practice favours a minimum of 12 month rolling cash flow forecasts, updated on at least a quarterly basis over formal annual budgeting activities.
We believe this encourages people to always think about planning, rather than to see it as a tedious once a year head office exercise.
A good model gives you control and we can help you reach that goal.