How the cash flow dashboard can help you to control your cash?

Are you tired of not having a clear picture of your company's financial health?

Do you struggle with making informed decisions because you don't have access to real-time cash flow data? If so, you're not alone.

Many businesses struggle with cash flow management, and the consequences can be dire.

But don't worry, there is a solution to this problem.

Introducing the Cashflow Dashboard. This powerful tool provides you with a real-time view of your company's cash position, allowing you to make informed decisions about spending and investment.

The benefits of using a cash flow dashboard are numerous.

First and foremost, it gives you a clear understanding of your company's financial position. You can quickly see how much cash you have on hand, how much you owe, and how much you're owed. This information is essential for making informed decisions about spending and investment.

In addition, the cash flow dashboard can help you identify potential cash flow problems before they become major issues. By monitoring your cash position in real time, you can take proactive steps to address any shortfalls before they impact your business.

Finally, the cash flow dashboard can help you plan for the future. By projecting your future cash flow based on current trends, you can make informed decisions about future investments and growth opportunities.

When designing a cash flow dashboard, it's important to include key performance indicators (KPIs) that provide a clear and concise view of your company's financial health. Here are some KPIs that are used in cashflow dashboards:

1. Cash balance: This KPI shows the total amount of cash that you have on hand. It's important to monitor this KPI regularly to ensure that you have enough cash to cover your expenses and invest in future growth.
2. Accounts receivable: This KPI shows the amount of money that is owed to your business by customers or clients. It's important to monitor this KPI to ensure that your customers are paying their bills on time and to identify potential cash flow problems.
3. Accounts payable: This KPI shows the amount of money that your business owes to vendors or suppliers. It's important to monitor this KPI to ensure that you have enough cash to pay your bills on time and to avoid late fees or penalties.
4. Operating cash flow: This KPI shows the cash flow that is generated by your business operations. It's important to monitor this KPI to ensure that your business is generating enough cash to cover its operating expenses and invest in future growth.
5. Net cash flow: This KPI shows the difference between your cash inflows and outflows. It's important to monitor this KPI to ensure that your business is generating positive cash flow and to identify potential cash flow problems.

For a business owner, having a cash flow dashboard is essential for making informed decisions about spending and investment, identifying potential cash flow problems, and planning for the future. Don't let poor cash flow management hold your business back. Invest in a cash flow dashboard today and take control of your financial future.

Amit Gupta is the author of the book Reclaim Your Market Share with Modern Data Analytics, he writes about business growth, business intelligence & entrepreneurship. He is the Director of Techginia, which provides Business Intelligence & Data Analytics Solutions.