Driving Effective Financial Strategy for CEOs and CFOs | Compounding your Impact x Influence through Strategic Finance Courses, Trainings & Talks | Founder and President, Financiario.Com
A strong Business Cash Flow Culture starts at the top. It starts with CEOs and CFOs making cash and capital efficiency metrics a top company priority, on an equal footing with profitability and P&L metrics. 𝐖𝐡𝐲? 🎯 Because good cash management will help your company navigate downturns. 🎯 Because good cash management will help your company maximize growth opportunities like expansions or M&A activity. ⚫ So here's my recommended CFO Cash & Financial Health Dashboard, with KPIs tracked across 3 critical areas: ✅ working capital ✅ expenditures ✅ financial health ⚫ Pick the best metrics for your business, build your own dashboard, and use it to advance your organization's strategic objectives around: ✅cash flow ✅profitability ✅financial health ⚫ Not every single metric will be relevant for every organization, but every single organization will benefit from tracking their KPIs across these 3 categories, both for their internal and external reviews. ➡️ The Excel version of the dashboard is going out in next week’s issue of The Finance Gem 💎 Join my newsletter for free today if you don’t want to miss it. You can find the link in my Linkedin Profile Page or below in comments. How do you track Cash and Financial Health metrics? ---------------------------- 💎 𝗝𝗼𝗶𝗻 my free newsletter - The Finance Gem 💎 - get my unabbreviated Linkedin post content and other finance gems delivered straight to your inbox >>(𝗹𝗶𝗻𝗸 𝗶𝗻 my Linkedin profile & below in 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀) ➕ Follow me for more finance, business, and cash flow insights. 🔔 Ring the bell at the top right of my profile so you don't miss out on new posts. #entrepreneur #finance #business
Thanks for posting. Very useful 👍 .
Please share
Can you Pl. share excel version, very insightful
Usally Small Companies will face Cashflow issues, for which Govt. is some protecting for MSME entreprenurs as Statutory Auditors have to comment on payments to MSME Vendors
Great
Oana Labes, MBA, CPA I completely agree with the importance of good cash management. My question is, what advice do you have for smaller companies that may not have the resources to track all of these KPIs?
But actually not happening
Yes
Thanks for posting.. really nice
Supervisor en Electridunas
1moGreat, share please