How to Improve Cash Flow Without a CFO

Many businesses struggle with cash flow but don’t have the budget to hire a full-time CFO. Here’s how you can manage it effectively:

• Track & Forecast Regularly: Use financial software to monitor cash movement weekly.

• Accelerate Receivables: Invoice clients immediately and use automated reminders.

• Negotiate Payment Terms: Ask suppliers for extended payment terms to keep more cash on hand.

• Reduce Unnecessary Spending: Review expenses quarterly to cut non-essential costs.

• Use Treasury Automation: AI-driven tools can help manage cash flow forecasting and financial reporting.

Want a step-by-step guide?