Cash flow is critical to the day-to-day operations of your organization, and insufficient available cash can cause catastrophic shortfalls like missing payroll or failing to compensate vendors. Too often, cash flow is taken for granted as businesses fail to put the proper procedures in place to monitor cash and correctly forecast it. An organization can even be profitable and still have a negative cash flow due to outstanding invoices or liquidity issues.
Cash flow forecasting from Rubino brings many benefits:
- Be proactive and plan for cash shortfalls well ahead of when they may occur.
- Provide an accurate picture of cash needs to help the budgeting process for future fiscal periods.
- Manage hiring and personnel needs.
- Deliver real-time information about finances to avoid feast-or-famine thinking and make clearer fiscal decisions.
- Plan the timing and funding of capital expenditures, so they have little impact on available cash.
Rubino is a trusted partner. We help clients achieve their goals and grow by being in sync with what they need and by providing the experience and expertise of a large firm with the service of a small firm. Learn more about our staff or find out more about us and what drives us to be a complete CPA firm.
