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The untapped power of proactive cash flow forecasts
11 September @ 12:00 pm - 1:00 pm
If cash is king, then why are short term cash flows largely overlooked as regular service offering?
This webinar covers why cash flows are hard but also why they should take their place as a core competency for both cash strapped, and well funded businesses. We’ll also look at new tools for bookkeepers, accountants and advisors that make building and updating regular cash flow forecasts for clients easy and quick enough that they can become business as usual.
Discussion points
- The benefits of running a regularly updated cash flow forecast and the pitfalls of running a business solely on profit and loss
- Using cash flows to understand what will be in the bank, what is actually going on in the business and how to plan out the future.
- A practical example of building and updating a cash flow forecast using Budgee, a soon to be released cash flow tool built specifically to manage cash flows in the short term at the operational level.
Meet our speaker
Richard Cross bootstrapped his first company (ecoPortal) out of uni which has now grown to over 100 employees. Managing cash flow while building ecoPortal was tough—relying on error-prone spreadsheets since Xero and other apps lacked necessary features. Feeling that there had to be a better way, led him to leave his first company and build Budgee, with the mission of giving business owners peace of mind about their financial futures. Richard has Bachelors in Mechatronics, with a PhD in Mechanical Engineering on collaboration while building today’s complex products.
Venue
- Virtual Event
- Online via Zoom New Zealand + Google Map
Organizer
- NZQBA
- Phone
- 09 802 4108
- info@nzqba.co.nz
- View Organizer Website