Improve your Cashflow
If you’re struggling in the current economic environment, strategy and cashflow is king and we are here to help so, please reach out.
We’re helping individuals and businesses through this tough economy and services such as cash flow improvement meeting are specifically designed to help. See more below...
Boost Your Business Cash Flow
Are you looking for ways to improve your business's cash flow? Check out our latest blog post on our website.
We've compiled expert tips and strategies to help you manage your finances more effectively and ensure a steady cash flow. Don't miss out on these valuable insights!
Read the full article now and take the first step towards financial stability and growth and reach out on how we can help.
Cashflow Improvement Meeting
Why we developed this service.
In business, a healthy profit isn't enough; profitable businesses can fail due to poor cashflow. We want to help our clients better manage their cashflow and the first step is to determine your business's Cash Conversion Cycle. Then, we can help you identify strategies to shorten the cycle so you have more cash in your bank account.
Of course, profit matters too, and increasing your profit can increase your cashflow. By implementing strategies to improve both your cashflow and your profit, you can set your business up for success.
Who should undertake this service?
If you're unsure of the difference between cashflow and profit and often wonder why there's not as much money in your bank account as you expected, this meeting should be a priority. All business owners who want to improve their cashflow and profit, and learn how to manage these more effectively, should attend this meeting.
What is involved?
During this 90-minute meeting, we'll:
- Calculate your Cash Conversion Cycle
- Determine strategies you can implement to improve your cashflow and profit
- Use our calculators to demonstrate the impact these strategies can have on your cash position and profit
- Identify actions you should take to implement these strategies and achieve your improvement targets
Benefits of a Cashflow Improvement Meeting
- Teaches you the difference between cashflow and profit
- Helps you understand the key cashflow drivers and the Cash Conversion Cycle in your business
- Identifies ways to improve your Debtor Days, Inventory Days, and Payable Days
- Helps you understand the impact small changes can have on your profit
- Identifies actions you can take to strengthen your cashflow and profit
- Improves business processes to maximise cashflow, profit, and business value
When should I have this meeting?
The sooner you attend a Cashflow Improvement Meeting, the sooner you can improve your profit and cashflow and increase the money in your bank.
Don't just take our word for it. What our customers say about the Cashflow Improvement Meeting:
"It has helped me understanding the benefits of strategically managing future stock orders to assist with cashflow and negotiations."
"The value gap calculator helped me understand what I need to focus on and seeing all my hard work paying off. "
"It has helped me focus on some of the small wins, the little changes which can help improve debtor days and improve cashflow."
Email to book your Cashflow Improvement Meeting
Getting Paid Webinar
The faster you get paid, the more cash you have available and the less stress you experience trying to manage your finances. A strong credit management process ensures your business has a framework in place to manage your debtors and respond faster to late-paying customers.
Our complimentary webinar, Getting Paid, will show you practical and proven strategies to ensure you’re getting paid as fast as possible.
In this session we will cover:
- Understand the impact slow payers have on your business
- Learn what best practice debtor management looks like
- Identify key strategies to reduce the time it takes your customers to pay you
- Understand how to approach overdue debtors with empathy
- Learn how you can improve your Cash Conversion Cycle
We’ll provide all attendees with a Credit Management Guide and Credit Management Script Templates to support you to get paid.
Date: Tuesday 27th May
Time: 10am
Duration: 1hrs 30mins
Location: Team Online Meeting (link will be sent once registered)
Using the new Collaborate portal
We have recently launched the new FYI Collaborate Portal, a powerful tool designed to streamline and enhance the way we collaborate with you. This innovative platform offers a range of features that will significantly improve the efficiency and security of sharing your documents and records.
Key Features of the FYI Collaborate Portal
- Secure Document Sharing: The FYI Collaborate Portal allows us to securely upload and share documents and folders with clients using a dedicated SharePoint site. This eliminates the need to send documents back and forth via email, reducing the risk of data breaches and security risk.
- Client Access: Clients and any contacts you wish, can receive links to the shared documents and folders, making it easy for you to access the information needed. This ensures that all parties are always on the same page.
- Guest User Management: The portal uses Microsoft 365 to authenticate and manage guest users, ensuring that only authorized individuals have access to sensitive information
Benefits to you
- Improved Communication: The portal facilitates seamless communication between our team and clients, ensuring that everyone has access to the latest documents and updates.
- Enhanced Security: By sharing documents through a secure portal, we can protect sensitive information and reduce the risk of data breaches.
- Convenience: Clients can easily access shared documents and folders from any device, at any time, without the need for multiple emails and attachments.
- Professional Experience: The customizable portal provides a professional and branded experience, reinforcing our commitment to quality and client satisfaction.
- Streamlined Processes: The integration of the Collaborate Portal with our existing workflow tools allows us to manage documents more efficiently, saving time and reducing the potential for errors.
We believe that the new FYI Collaborate Portal will greatly enhance our ability to serve our clients and look forward to leveraging its capabilities to provide even better service.
We are in the process of sending invitations to the new Collaborate portal, the invitation will provide the link and will have detailed instructions on how to access and save files to collaborate. You will need to download the Microsoft Authentication App, which you will use each time you access the portal to keep it secure.
A video guide on how to get access to the site is here: Collaborate with your Accountant - FYI
If you have any questions, please do not hesitate to contact us.
Office Refit
We are thrilled to announce the completion of our office refit, a project designed to create a more modern, efficient, and welcoming workspace for our team and clients. This transformation reflects our commitment to providing a top-notch environment that fosters collaboration, innovation, and productivity.
We are incredibly proud of our new office and believe it will significantly enhance our work environment and client interactions. We invite you to visit us and experience the transformation firsthand. Thank you for your continued support and partnership.
We look forward to welcoming you to our new and improved office soon!
If you have any questions or concerns for us, please don’t hesitate to get in touch with us.
From
THE TAEL TEAM
Are you ready to elevate your business? Our team at Tael is here to help. Take the first step towards your business growth by scheduling your complimentary initial consultation today.
