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Improving Cash Flow Forecasting Through AP Analytics & Better Data

MineralTree

Cash flow forecasting is a critical part of financial planning for businesses of all sizes. Accurate cash flow forecasts help businesses plan for the future, identify trends, and make strategic financial decisions. What is Cash Flow Forecasting? This includes data from both AP and AR.

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Boost Your Financial Performance: Reports Your FP&A Team Needs

Acterys

For this purpose, they collect data from a variety of sources and create stories out of numbers using several reports and metrics. In this blog, we look at three main reporting types that FP&A teams must use to monitor the financial health and performance of a business. It shows a company’s assets, liabilities, and equity.

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Inventory Planning 101: Unlocking the Secrets of Optimal Inventory Forecasting

Acterys

In this blog, we cover some basics about inventory planning: what it is, why do you need it, and what are its benefits and challenges. Inventory planning is defined as the process of: Determining the most optimal restocking strategy for a business to meet customer demand, reduce costs and increase profitability. Let’s get started.

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AI in Accounting: A Guide Written by Artificial Intelligence

Ryan Lazanis

AI in accounting can help improve accuracy and efficiency, reduce costs, and provide valuable insights and predictions for decision-making. 2) Automated Tasks and Reduced Human Error The use of automated tasks in accounting and finance has the potential to improve the accuracy and efficiency of financial processes significantly.

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Digital transformation in tax: K-1 Analyzer paves the way to automation

ThomsonReuters

Traditional tax roles often include planning to decrease tax liability and increase cash flow, traditional reporting to ensure compliance with current laws and regulations, and analyzing risk to manage exposure appropriately. Process improvements and better time management come when manual burdens are reduced.

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What are Virtual CFO Services? (And Do You Need It?)

LyfeAccounting

Meanwhile, we just helped a client flip a $30,000 net operating loss into a $40,000 net operating profit within just 5-months through our Virtual CFO Services. For example, here are some common scenarios that are often missed: Do you have enough cash in your business to cover your expenses? Now, I want to help you do the same.

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What are Virtual CFO Services? (And Do You Need It?)

LyfeAccounting

Meanwhile, we just helped a client flip a $30,000 net operating loss into a $40,000 net operating profit within just 5-months through our Virtual CFO Services. For example, here are some common scenarios that are often missed: Do you have enough cash in your business to cover your expenses? Now, I want to help you do the same.