Is your business struggling to make it to the end of the month? Cash Manager could be the solution to your frustration, helping you solve those cash flow issues. From debtors who won’t pay on time to a lack of budgeting and forecasting, there are a number of factors that play into the success or failure of your business. Cash is the lifeblood of any business – without sufficient cash, your business will suffer and eventually die. This is where Cash Manager is vital to achieving success.
If you’re not certain where your funds are disappearing to during the month or you’re not able to keep track of your debtors, Cash Manager provides the instant visibility you need. It plugs directly into your accounting software and consolidates all your data into an easy-to-understand dashboard.
Here are 5 solutions Cash Manager offers your business:
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Knowing where your cash is at any given moment is vital when making decisions or purchases. Cash Manager helps you keep tabs on upcoming supplier invoices, view all your invoices on one screen, enter notes against each invoice, as well as create approval reports efficiently.
Improved cash flow
Cash Manager has intelligent analytical tools that allow you to view your cash flow in real time. It also accelerates the invoice-to-cash process. A useful option is that you can create cash flow forecasts for up to 36 months in advance, which can also be revised instantly.
Through automating both the receivables and payables processes, Cash Manager assists in improving the efficiency of your collection outcomes.
Minimise outstanding debt
Forget the days of debtors accumulating invoices – Cash Manager will allow you to see at a glance what amount is outstanding on each account, as well as your oldest outstanding invoices and all your key customer statistics on one screen. Expedite the follow-up process with your debtors by using customised email templates, based on the age of the debt, to send to each with reminders.
Forecasting and budgeting
Forecasting and budgeting for your business needs provides a sound financial framework. With Cash Manager, creating a cash flow forecast is simple and easy, and can be generated in just a few minutes. Plus, you can focus on both short- and long-term forecasting and even forecast from your budget over a 12-month period.