Top 8 cash flow resources for finance teams

We’ve heard it firsthand from our customers – cash flow keeps finance leaders up at night. No matter how much experience you have as a finance leader, cash flow challenges never fade.

Cash isn’t flowing the way it was five or ten years ago. Markets are volatile, the economy is ever-changing, interest rates are rising, and there’s uncertainty about what tomorrow will bring.

Having a pulse on your cash flow is an added layer of protection. When you know what’s coming in and what’s going out, you can make informed decisions, collaborate with stakeholders, ask what-if, and make moves that will impact your organization’s growth.

Today’s environment needs a modern approach to cash flow management. This means that finance teams need to move on from the way things have always been done in favor of processes that prioritize automation, collaboration, and standardization.

To help modernize cash flow management, we’ve rounded up the top 8 cash flow resources for finance teams, including:

How to become a Cash Flow Catalyst

Cash powers every decision in an organization – from acquisitions to hiring. But cash isn’t flowing the way it once was. Now, it’s up to finance leaders to become a Cash Flow Catalyst – proactively identifying and capitalizing on proven strategies to take your cash flow management to the next level. Get the tips and strategies you need to become a catalyst for your organization in the Guide to Modern Cash Flow Management.

4 tips to improve your cash conversion cycle

Navigating your organization’s finances without understanding cash conversion cycle is like sailing a ship without a compass. Cash conversion cycle is a critical metric to track – and should be one finance teams are continually looking to improve. Get four actionable tips that you can implement to improve your cash conversion cycle and drive business growth.

Everything you need to know about operating cash flow

Finance and accounting is driven by metrics. From invoices to reports and analysis, there’s a mountain of data that you need for record keeping and compliance. And operating cash flow is a key part of a reporting routine. But with different methods, formulas, and ratios to understand, it can be daunting. Get everything you need to know about operating cash flow so you can make confident cash flow management decisions.

Signs you might be ready for cash flow software

Do you rely on short-term borrowings to cover operational expenses, neglect follow-ups on collections, or suffer from inaccurate invoicing? Or do you have general frustration towards the tedious, manual work required to forecast your cash flow in spreadsheets? If this sounds familiar, you might be ready to explore cash flow software. Learn more about what to consider when researching cash flow software and how to choose the right solution for you.

The quickest way to plan your cash flow

Modernizing your cash flow planning with the help of technology will give you unprecedented clarity on your decision-making that will impact you today, tomorrow, and in the future. See firsthand how cash flow software can help you optimize resources, improve decision-making, and reduce financial risk.

How to pick the right cash flow software

Cash flow software can help you overcome your challenges with cash flow planning and reporting. But with so many options on the market, it can be hard to know where to start your search. We’ve rounded up the 16 best cash flow software for finance teams, looking at everything from benefits to features and pricing, so you can find the best fit for you and your team.

Real customer reviews on cash flow software

Real customer reviews offer valuable insights for anyone considering a cash flow software solution. Firsthand experiences and honest feedback reveal cash flow software’s true capabilities and potential pitfalls. See what real Prophix customers are saying about our cash flow software and the top capabilities to look for that are important to FP&A teams.

How USA Properties’ CFO sleeps better at night with Prophix

“The one thing that keeps me up at night is cash flow. Prophix helps me sleep better at night. I have a better idea of cash flow because our budgeting process starts with the pre-development and pre-construction activity. We know how much construction is going to cost us. That’s where Prophix has bene a really big help for us.” - Jonny Harmer, CFO at USA Properties

Jonny Harmer, CFO at USA Properties shares how cash flow software has helped him sleep better at night. Watch the full customer story below.

Transform your cash flow planning with Prophix One™

Becoming a catalyst for change and taking your cash flow planning and forecasting to the next level is an essential step to improve your accuracy, efficiency, and agility. When you leverage cash flow software, like Prophix One, you can make better business decisions, respond to risks proactively, and have a foundation for sustainable growth.

Learn more about Prophix One and how it can help you modernize your cash flow management.