Operations, finance and costs

Profit But Cash Flow Tight

Profit is recognized at income cost, and cash depends on the point at which payment is made, stock and expenditure of funds, which are not the same. The growth of receivables, stock backlogs, advances and capital expenditure may result in cash shortages for the profit-making enterprise.

ZhiHua Tech Original Course2 minutes 24 secondsFAQs and solutions in enterprise informatization

This video is used for enterprise-infomatic knowledge learning and internal discussions.

DIRECT ANSWER

Let's see what we can do.

Profit is recognized at income cost, and cash depends on the point at which payment is made, stock and expenditure of funds, which are not the same. The growth of receivables, stock backlogs, advances and capital expenditure may result in cash shortages for the profit-making enterprise.

VIDEO NOTES

The video content of this issue is read

The following are structured textual interpretations of the video for the current period, which allow for quick reading, internal discussion and search; it is not verbatim subtitled. Around “The business is profitable, why cash is tight” it is suggested that a distinction be made between appearances, business causes and system improvements before deciding whether process adjustments, data governance, system integration, automation or customization development are required.

1. Profit/cash-flow calibre differences

The firm needs to establish a rolling cash forecast by connecting orders, deliveries, invoices, receivables, inventory and payment plans. For this point of judgement, it should draw on recent real tasks, documents, communication records or system logs to check frequency, waiting time, back-to-work costs, responsibility and exceptions.

2. What operations are the funds being used for?

The firm needs to establish a rolling cash forecast by connecting orders, deliveries, invoices, receivables, inventory and payment plans. For this point of judgement, it should draw on recent real tasks, documents, communication records or system logs to check frequency, waiting time, back-to-work costs, responsibility and exceptions.

3. How to establish short-term cash projections

The firm needs to establish a rolling cash forecast by connecting orders, deliveries, invoices, receivables, inventory and payment plans. For this point of judgement, it should draw on recent real tasks, documents, communication records or system logs to check frequency, waiting time, back-to-work costs, responsibility and exceptions.

WORKFLOW DESIGN

What should we do with this scene?

The cash flow, quotations, receivables, fees, monthly balances, statements and budgets indicate why business data are not valid or slow. Around “businesses are profit-making, why cash is tight” the actual input, expected output, tool privileges, manual approval, unusual processing and operational acceptance indicators should be defined before deciding whether to use rules, scripts, API, Codex or other AIAgent.

01Profit/cash flow calibre differences

The verification of conditions, liability, data sources and exceptions is done using real samples, and the presentation is not used as a substitute for production evidence.

02Which business links are used for the funds

The verification of conditions, liability, data sources and exceptions is done using real samples, and the presentation is not used as a substitute for production evidence.

03How to establish short-term cash projections

The verification of conditions, liability, data sources and exceptions is done using real samples, and the presentation is not used as a substitute for production evidence.

IMPLEMENTATION PATH

Suggested paths for improvement

  1. 1
    Harmonization of master data, subject and business calibre

    Selecting recent and representative tasks and anomalies, identifying participants, input outputs, time and current costs.

  2. 2
    Connect orders, deliveries, invoices, payments received and charges

    Distinction between actions that are self-executing, that require manual confirmation and that prohibit automatic processing.

  3. 3
    Create budget, actual and projected rolling comparisons

    Start with the draft, a copy or a limited scene, and keep the abnormal transferer and retreat.

  4. 4
    Use an abnormal list to facilitate timely processing by those responsible

    Continuous observation of accuracy, adoption, processing cycle, error and real business results.

ACCEPTANCE

How to automate the receipt and inspection is really effective.

The acceptance cannot be based solely on whether a single demonstration runs. The following results should be observed continuously using independent samples and real anomalies, and pre-modification baselines of the same calibre should be maintained:

  • Whether the business statements can be traced back to the business documents
  • Shorter monthly closing and reconciliation cycles
  • Early exposure to receivables, costs and budget anomalies
  • Whether management sees the same set of credible data

The authorization, approval, audit and manual takeover must also be verified when it comes to the amount, customer commitment, privacy, compliance, production change or deletion operations.

RELATED RESOURCES

Continue to learn about the programmes