Cash flow management is a process of monitoring the cash that is coming in and going out of a business. If you are not careful and do not have a good cash flow management plan, then your business might end up being in the red.
Some factors that affect cash flow are:
- The timing of when you receive payment for goods or services provided
- The method of financing used to purchase inventory
- The timing of when you pay your bills
- Whether or not you offer credit to your customers
Cash flow management is a practice that has been in place for years, but with the emergence of new technologies, it has become easier for businesses to monitor and control their cash flow. It is about more than just balancing your daily expenses and revenue. It's about understanding your company's financial health and making sure you're prepared for any short-term or long-term changes in your business.
MoolahMore is a cash flow management app that allows accountants and small business owners to manage their cash flow. It is a free app for accountants and small business owners that offers features such as invoicing, payments, budgeting, and reporting.
The app aims to help SMEs increase their cash-flow by simplifying the process of managing money. MoolahMore’s goal is to help SMEs be more successful in today’s financial world - where they are often faced with the issue of not having enough liquidity.
MoolahMore Cash Flow App
AU Phone: +61 244-068-888
US Phone: +1 315-810-3999
UK Phone: +44 123-423-0999
Address: 240 Queen St, Brisbane City QLD 4000, Australia