Cash Flow Analytics is the process by which a company can track how much money is coming into and out of business. It helps predict how much money will be available to your business in the future. Predicting the cash flow in the future months assumes higher importance for planning and investing in new projects, managing customer expectations in a competitive market, paying wages, and making creditor payments.
Efficient Cash Flow Analytics helps boost vendor and employee relations. A business paying up on time is successful in building a relationship of trust with the vendor. It helps negotiate better credit terms with a satisfied vendor. It also ensures timely payment disbursement for regular expenditures, such as salaries, that keeps the employee morale high and reduces attrition.