A critical area of running a business, we can help you manage your cash flow so you have funds when you need them.
Some simple steps we can set-up are;
- We’ll ask your customers for shorter payment terms at the time of sales
- Request contract down payments and/or payment in advance for major projects.
- We’ll invoice your clients quickly and chase debts promptly and firmly
- When times are tough we’ll ask for extended credit terms with suppliers
Another step we can implement to help you manage your long term cash flow includes keeping cash flow forecasts up-to-date: ensuring that your forecasts are accurate, and where possible, use actual figures (not budgeted). Any changes requiring an update the your forecast, we’ll do it quickly and efficiently.