Maintaining an up-to-date cash flow forecast lets you anticipate your future cash position and gives you advance warning of any expected shortfall. That gives you more time to sort out potential problems, whether by arranging additional funding or by taking steps to reduce the amount of money tied up in working capital.
Our cash flow tool is a simple way to create a basic cash flow forecast, identifying significant sources of income and different types of expenditure. You can then export this as a spreadsheet. This will let you make further adjustments to take into account seasonal variations, irregular or one-off payments, and when you expect to actually pay your bills and receive payments from customers.