How Acumatica Simplifies Cash Flow Forecasting
One of the most critical accounting applications for any business is cash flow forecasting. With intuitive and accurate cash flow forecasting, a corporation can handle its finances and avoid a liquidity crisis. Cash flow is the lifeblood of a business – especially a small to mid-sized corporation. It’s essential to be able to predict cash flow with a high level of accuracy, to better revise your efforts according to current financial stability. Thanks to Acumatica enterprise research planning (ERP) systems, your accounting team can easily forecast cash flow, and you can conquer business management.
Acumatica: A Leading Software Solution
Practical solutions for cash flow forecasting are crucial to the financial management of any business. To avoid a liquidity crisis and even insolvency, businesses must plan for their future cash requirements and find software that will streamline cash flow management. Regardless of their size, Acumatica ERP is a real-world answer for businesses.
Acumatica Cloud ERP is the leading solution for business management software for mid-sized enterprises. Its cloud-based platform gives businesses optimal flexibility, scalability, and mobile capabilities. Acumatica’s forecasting capabilities in the financial management suite are superb, giving enterprises the ability to track money owed, automate reporting, maximize revenue opportunities, and improve cash flow. With this comprehensive ERP solution, you’ll never have to worry about the accuracy of your cash flow forecasts again.
When your business is looking for reliable cash flow forecasting solutions, Acumatica has the answer. It recently won two major awards: the PCMag Editors’ Choice Award for ERP software and the SIIA CODiE Award for Best Supply Chain Management Solution.
A software solution for cash flow forecasting should seamlessly:
Measure cash flow. Cash flow plans aren’t crystal balls that can see the future, but a top of the line solution like Acumatica’s fully integrated applications can alert a business to trouble before it happens.
Manage payables. Expanding sales is always good, but it still requires management – sometimes expenses expand faster. The proper software can let you know when this is happening, so you can investigate where the costs are coming from and how to control them, though Acumatica makes these discoveries easy.
Improve receivables. It would be nice if you were paid immediately after every job, but, unfortunately, that’s not how most businesses work. Managing receivables can help improve your cash flow. Software solutions for cash flow forecasting can see where you need to improve your turnover so your receivables can be turned into cash.
Withstand shortfalls. At some point, most entrepreneurs are faced with more cash going out than coming in. This doesn’t mean your business is failing, as long as you are prepared for it in advance, which a cash flow management solution should be able to predict.
With proper cash flow forecasting solutions, you don’t have to worry about the financial rug being pulled out from under you – whether it’s from expanding costs and shrinking sales or lack of proper invoicing – you can rest assured that, though you may not be able to predict the future, it won’t surprise you, either.
Your Acumatica Consultant
Acumatica can make cash flow forecasting easy and accurate, empowering your company to make more informed decisions and stay at the top of your game. Acumatica’s four suites make up a single, comprehensive ERP system that can streamline and simplify your financial processes. If the only reason you’re hesitant to try Acumatica or another new ERP software program is lack of information, DSD Business Systems invites you to reach out to us for further details.
Our expertise in Acumatica’s cash-flow forecasting application can provide you with a wealth of insider knowledge about this product to pass onto your accounting team. Our professional software consultants are some of the best in the business. If you’re interested in revolutionizing your cash-flow forecasting and other financial management solutions, contact us for a consultation.
Written by DSD Business Systems