Cash Flow Management

Are you making plenty of sales but still having issues with your cash flow? Having trouble paying your bills or finding the cash to pay your wages each month?

Managing your cash flow more effectively can have a massive impact on the profitability of your business.

We can help you manage your cash flow effectively

A steady pipeline of cash flowing into the business is what keeps the company alive and well. Surplus cash really is the lifeblood of the business. So managing that cash flow effectively is critical to your success – and having expert guidance is a major boost for your financial management.

Problems with cash flow can be symptomatic of bigger issues in your business. And being able to analyse and highlight these underlying issues is central to fixing your cash problems.

Some early signs of problems can include:

• Your cheques and direct debits bouncing.
• Making late or non-payment of invoices from your suppliers.
• Paying your staff salaries late.
• Not paying your tax bill on time.

If left unchecked, this can lead to problems with your suppliers, your bank and even HM Revenue & Customs (HMRC).

Improve your cash flow and grow your business

The best way to avoid these issues is to really focus on your cash flow and to manage the whole process of payment much more efficiently.

We help you by:

• Directly managing your cash flow on a daily basis and following the right recovery process to get you back on track and compliant with the law.
• Finding the root cause of problems through analysis of your profit and cash flow cycle.
• Working on profit and cash flow improvement plans to improve the overall financial processes in the business
• Guiding you on the implementation of your improvement plan, or taking on sole management of the whole implementation.
• Assisting with setting up bank payments and letting you do the authorisation process – speeding up the whole procedure.
• Giving you practical advice on collecting outstanding cash, paying suppliers and managing your bank account on your behalf.
• Delivering an improved cash flow process that is fit for purpose.