Profit And Cashflow Improvement
While effectiveness and efficiency are key elements, increasing the scale of business along with profit maximization are the key objectives of every enterprise. However, the process of profitability enhancement is not as simple as increasing the topline and reducing the cost.
Similarly, as a device for growth, cashflow management, a critical and under-leveraged function, offers substantial and sustained revenue and margin improvement opportunities. To be on top of the game, and ever so in today’s dynamic business environment, the inflow and outflow of cash from operations, investments, and financing, constant cashflow management has become imperative. It not only assists in forecasting the cash-to-cash cycle, but also enables comparison of the profitability on inter and intra levels within the organization, and fulfillment of the short and long-term obligations of the venture.