Cash Flow Projection
Cash flow projection is one of the most difficult, yet important, aspects of financial management. Sageworks' cash flow projection solutions assist in modeling "what-if" scenarios for a business and in building cash flow forecasts. Cash flow projections help to standardize and add value to month-to-month budgeting practices. For example, if a product supplier goes out of business, stalling your production or drastically increasing Cost of Sales, would you use your cash to find another vendor or pay the associated premium costs?
One point to consider is to always be conservative. Be skeptical about your managers’ and your own projections, especially when it comes to sales and expenses. Learn more about cash flow projections in the whitepaper below.