Before businesses were lucky enough to be able to create sales forecasts in Excel, business owners had to enter numbers on columnar pads and add the figures with a calculator. If a single number ...
As 2011 winds down, planning next year’s finances should be a priority. And if managing cash flow isn’t hard enough already, by now you should be creating — or perhaps fine-tuning — your projections ...
You might have heard that the biggest cause of business failures is cash flow issues, but to what extent is the severity of this widespread problem? To put things into perspective, more than 80% of ...
Traditional banks have begun offering businesses of all sizes a tech tool that fintechs had developed for small firms: cash-flow forecasting, or anticipation of how money will flow into and out of a ...
New challenges and sophisticated technologies are quickly reshaping the role of financial consultants — from AI, cloud services, automation, big data analytics and workforce reshaping to open ...
The balance sheet and the income statement, also known as a profit and loss or (P & L) statement, are the two most common financial documents used in business. Managers love them or hate them, ...