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Create a cash flow friendly business

Creative CFP

Suppliers are paid too quickly Everyone is planning their cash pie and want their slice as soon as possible. Be prepared to communicate, and if need be, negotiate payment terms with your supplier. Subsequent to this negotiation you need to plan and prioritise your payments according to your business’ requirements.

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Surviving the pandemic aftermath: an FP&A perspective

Future CFO

For a dairy manufacturer, carrying out FP&A remotely is creating a different sort of challenge. Process delays and slow communications, coupled with restrictive lockdowns, led to slower payments, increased financial risks and stretched service centers.

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How Advisors Can Create An Annual Financial Planning Process

CFO News Room

However, by creating a systematic annual process to monitor and update client plans based on seasons, not only can advisors save time and work more efficiently, but they can also communicate the value of ongoing financial planning services to prospects and clients more effectively.

Planning 130
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Strategic Finance Focus at Year-End

VCFO

Tax Planning is Beneficial and Essential A wise person once said that failing to plan is planning to fail. This is certainly true in the area of taxation, where there are often opportunities to legally minimize or defer the timing of tax payments and to claim income tax credits.

Finance 91
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Using Detailed Meeting Checklists to Drive Referral Growth

CFO News Room

But that means if you’re in a company that, at the end of the day, manufactures product, the people in those groups tend to be people that move a lot of the product because that’s the business of the company. ” It’s constant communication through the year. Here you go. You’re good for next year.”

Planning 130