In today's economy, cash flow is the #1 priority for firms across all industries. According to a study by U.S. Bank, 82% of businesses fail due to cash flow mismanagement. While professional service firms do not have to worry about physical inventory, they worry about "time inventory" and margins on each project/engagement/matter.
Just like your body tells you when you are getting sick, your business can tell you the same through numbers. Learning how to detect cash flow problems is an important skill to learn, but it can’t be understood without a sound system in place.
Join us for this live webinar discussion led by Gerry Anderson, M.Sc., CPA, CMA, President and Founder of Logicon Solutions. Gerry will show you how to monitor your cash flow effectively and what indicators to watch out for to avoid a cash flow crisis. And in case you do end up in a situation, Gerry will show you exactly how to handle it.
Gerry Anderson, M.Sc., CPA, CMA, President and founder of Logicon Solutions, has over 25 years of experience specializing in spreadsheet automation, database development, process automation, and analytics with clients across the USA and Canada. Gerry received his master’s in Management Science and began his career in public accounting at Price Waterhouse. He is an expert in project accounting specializing in billing, reporting, and automation. Gerry is also a seasoned user of the BQE CORE platform.
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