Cashflow Management

Great cashflow management is mission-critical to success

Every business owner needs an understanding of cash and liquidity for better decision making.

Setting targets and monitoring your actual cash flow against your forecast will enable you to predict large cash outflows and respond to changes in your business.

Helping you look ahead with confidence is our core purpose. We want to work with you beyond preparing a Cashflow Forecast and stay in touch so your outcomes reflect your goals.

The truth about cashflow

Profitable businesses can experience extreme cashflow problems, just as unprofitable businesses can survive if they’re well-funded.

Our Cashflow Management Coaching service addresses the underlying causes of poor cashflow — starting with your Cash Conversion Cycle.

Together, we’ll conduct a thorough review of the potential causes of your challenges. We’ll set annual goals and devise a 90-day action plan for improvement and hold you accountable to implementing simple strategies to maximise cashflow.

All businesses should have a Cashflow Forecast in place at the beginning of the new financial year. With that being said, we can prepare one at any time.

Inadequate cashflow is a symptom of management problems in a business — not the cause. Let us help you to fix the underlying issues.

Why get help with cashflow management?

  • Monitor actual cashflow against forecast in your accounting or reporting software
  • Allows you to predict and plan for large cash outflows
  • Understand key cashflow drivers and your business’s Cash Conversion Cycle
  • Identify ways to avoid late payment penalties and interest
  • Improve your relationships with financiers and suppliers
  • Gain an understanding of cash and liquidity for better decision making
  • Peace of mind that your cashflow needs are known and properly funded
  • Improve business processes to boost cashflow, profit and business value
  • Drive your business to achieve your goals in a manageable way

Understanding the difference between profit and cash and your business’s Cash Conversion Cycle is essential for long-term viability. Let NH+A be your partners in success.