Cash Flow & Budget Forecast

You must have heard that albeit being profitable, the businesses could not go on as they just run out of cash. This may sound ridiculous at first sight, but managing cash flow effectively is important for the survival of the business.

As a business owner, you need to have a strong understanding of your cash flow and budget. If not, your business will run into numerous financial issues in the future.

We can help you to understand the importance of cash flow!

Even though managing cash flow and budget is important, we don't like to do it traditionally by using Excel Spreadsheets. Instead, you are looking for a smart solution to manage your cash flow and budget. This is where you should get our help and implement a cloud-based accounting platform. It will provide you with the chance to predict your cash flow in real-time. Therefore, you can get hold of the important information you want immediately.

When you are getting real-time cash flow related information, you will be able to plan ahead of time with ease. Along with that, you can also learn how to improve your cash flow, so that you can receive better returns in the future. It will deliver all the support that you need to ensure your future growth. Moreover, it will provide you with enough money to take good care of the day to day business operations.

UpVue Cash flow and budget flowcast

Why shouldn't you Ignore Cash flow and Budget Forecast?

  • You can keep track of long term and short term cash.
  • You can make sure that your business can cater to both long term and short term obligations.
  • You can discover problems that are related to customer payments.
  • You can ensure that your business is in a position to pay employees and suppliers.
  • You can discover potential shortfalls in cash balance.
  • You can apply tax planning strategies ahead of time.

We Hate It When Businessess Fail

80% of Small and Medium Businesses fail in the first 5 years due to low cash flow

60%
Small Business Fail in First 3 Year of Operation due to Cash flow
35%
Thought They Were Making Money Without Cash flow Forecast
86.9%
Small Business that Failed Had Less Than 20 Employees

How can UpVue Help you to Improve your Cashflow?

We can deliver assistance to you by improving your cash flow in many different ways. We will implement a step by step process and walk you through it. At the end of the process, you can end up with securing better results with enhanced cash flow.

UPVUE-CASHFLOW-Assessing-cash-flow-credit

Cash flow forecasting

We will create a cash flow forecast, which will help you to predict the flow of cash ahead of time. This can provide all the support that you need to refrain from cash shortage issues in the long run. That's because you can discover the problems before they take place.

UPVUE-CASHFLOW-Setting-up-a-payment-policy

Setting up a payment policy

We will be able to set up a proper payment policy for your business. This will help you to increase the cash inflow rate to your business. This will eventually contribute to the growth of your business. Hence, you can keep enough cash in your balances.

UPVUE-CASHFLOW-Stretching-out-the-cash-flow-outflow

Stretching out the cash flow outflow

Our experts can help you to stretch out your vendor payments to the duration between 30 days to 90 days. This will enable you to have more time to collect receivables from your clients to be able to pay your vendors comfortably.

UPVUE-CASHFLOW-Cloud-accounting

Cloud accounting

Don't let invoices pile up. Our cloud-based accounting solutions can help you to overcome most of the accounting related problems that you are dealing with. They can help you to record your cash inflows and outflows with ease. On the other hand, you can manage all your accounting related work on the cloud-based software.

UPVUE-CASHFLOW-Assessing-cash-flow-credit

Assessing cash flow credit

When your business is expanding along with time, you may want to obtain short term credit form financial institutions to secure projects for large prospective clients. Having a better record of financial and cash flow reports will help to facilitate the access of the cash flow credit.


UPVUE-CASHFLOW-Proactive-accounting

Proactive accounting

Having the help of a proactive accountant will be able to stimulate the growth of your business at all times, and take your business to the next level. You can stay on top of your business finances and take decisions quickly. You will be able to identify where the money is leaking out of your business.

Frequently Asked Questions:

Cash flow forecasting is an important business process that can create huge opportunities if done correctly but can cause a lot of distress for your business if ignored.

Understanding and predicting the flow of money in and out of your business can help you to make smarter decisions, plan, and ultimately avoid an unnecessary cash flow crisis.

Without cash your business won't run, your employees become cranky and suppliers stop shipping you, and believe it or not you can run out of cash while your business is very profitable.

Your business generates cash in many different ways. The Statement of Cash Flows breaks it down into three main sections:

  • Cash Flows from Operating Activities show what cash has come in and gone out as a result of the main business activities, (such as receipts from customers, payments to suppliers, wages paid to employees, and so on.)
  • Cash Flows from Investing Activities include things such as payments for new assets like office equipment or a new company vehicle. It also includes receipts from the sale of assets, and any investments made.)
  • Cash Flows from Financing Activities show any loan repayments, proceeds from new loans, or money invested into the business or taken out by the owners.

Need To Talk To Us? +65 6969-9622

Looking For Your Big Breakthrough?

It all starts with a conversation. Click below to schedule a no-strings consultation with our expert tax
accountants, and see what we can do for your business with new-age cloud accounting and automation.