Cash Flow Planning
As the saying goes, “Cash is King.” If your business runs out of cash, you’re dead in the water. You need to do everything you can to make sure that doesn’t happen. Profitably’s Cash View helps you quickly and easily ascertain your business’s current cash position by calculating your on cash on hand and your operational runway.
Translate your plan into a cash forecast
Remember the plan you put together when you first came to Profitably? Use that information to construct a cash forecast highlighting the gaps between your P&L and your bank account!
View outstanding invoices and bills
Our cash view shows you your outstanding invoices and bills side by side, so you can instantly compare how much cash you owe and how much is owed to you!
View effect of small business loan
Imagine our cash flow analysis shows that you’re careening towards a major cash flow shortage. What now? We can connect you with our partners who can help you head that problem off at the pass by borrowing money or selling your receivables. Our software will estimate the effects of those solutions on your cash flow.
View effect of selling A/R
What if you could bundle up all the cash that’s coming to you in 30, 60, or 90 days and get it today? Receivables Exchange is a trusted partner that helps you do just that. If you’ve got a cash flow problem, our app will present this and other potential solutions to your cash flow issues and help you run scenarios until you find one that’s right for you.
Identify customers that consistently pay early or late
You love your customers. They love you. Some customers love you so much, they send you cash earlier than you’d expect. Others rarely pay on time. Our cash view allows you to easily identify each of these types of customers so you can account for their behavior and weed out any bad apples.
Model one-time cash events
A forecast based on historical data is a very useful tool to predict future cash flow patterns. But what about large one-time events? Our cash flow view will take into account any significant cash expenditures that you can predict, like a marketing campaign for a conference, equipment purchases, or even closing a round of investment.
