Cash flow management a top SMB priority – Cash Is King

Cash Flow Management Cash is King

Cash is King

As the side-effects and instability of the Great Recession continue to linger, it is no surprise that most businesses are still hyper focused on cash flow management.  Getting the most bang out of every buck has become the mantra of accounting departments everywhere after long stretches of economic downturn.

Cash flow management is among the top three challenges to small businesses according to survey results published by, with 37 percent of respondents citing cash flow as a top concern.

“Over time, a company’s profits are of little value if they are not accompanied by positive net cash flow,” said a recent article at “You can’t spend profit; you can only spend cash.  Cash flow refers to the movement of cash into and out of a business. Watching the cash inflows and outflows is one of the most pressing management tasks for any business.”

Cash Flow Management Simplified

Cash management software has been a part of corporate financial IT for years, but until the introduction of cloud computing, many of these solutions were too costly to make sense for small businesses.  Cloud based cash flow management for SMBs offers enterprise level cash flow tools with stable monthly pricing and none of the huge local IT investment.

Cash Flow Management Data Sheet

Cash is King: Cash Flow Managment PDF

There are a number of affordable tools available for cash flow management.  Track and manage your cash with cash-flow calendars that let you look back or look ahead to see how your funds flow in and out of your business.  Bank reconciliation tools give you a clear look at deposits and debits across accounts.  There are even tools that let you track collections and streamline accounts receivables so you get paid on time more often.

With a Microsoft Dynamics GP package from myGPcloud, you get all of this functionality and more.  The friendly to use calendar gives you historical and predictive insights just by selecting the day, week or month.  Simple, out-of-the-box reports pull lists of customers whose balances go over the limit you set, so you can prioritize and evaluate client histories to quickly react to any accounts receivable problems.  Streamlined bank reconciliation gives you confidence that you have an accurate measure of cash on hand.  And with a direct connection to Microsoft Outlook, you can take care of issues right away by sending a simple email.

Decision Making with Intelligence

When evaluating business software, decision makers often look at it as a necessary expense to solve one problem or several within the organization.  This is a mistake.  With myGPcloud’s on demand Dynamics GP, you get more than a solution, you get an engine that is going to drive your business and help you turn margins into cash flow.  With intuitive business intelligence tools, business leaders will be able to make more informed decisions from marketing to inventory and customer relationship management, ultimately driving new business and shrinking costs.

  • Optimize your resources and improve end-to-end processes to increase your profitability using predictive analysis.
  • Increase staff productivity and drive accuracy by automating your purchasing processes using order-point minimums and maximums, as well as built-in workflows.
  • Streamline supply chain processes and inventory management ‒ and reduce operational costs companywide ‒ with the ability to track turnover and maintain the right stock levels.
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