Using Fiscal Analytics to Improve Cash Flow & Profitability

Using Fiscal Analytics to Improve Cash Flow & Profitability

This course covers a three step process that businesses can follow to uncover opportunities to improve cash flow and profitability. 

In Phase 1, a process is laid out to analyze the seven cash drivers of any business, comparing the company to itself as well as its industry peers.  Phase 1 ends with the business knowing exactly where to focus their scarce resources to drive improved financial performance. 

Phase 2 (covered in depth in a separate, 1-hour presentation) establishes the value of the business to understand how value is created and to have a measuring point for future improvements. 

Phase 3 forecasts the next three years so the business can see how making small improvements can have a profound impact on the future health of the business. The 3 Phase process provides a business with a complete “Business Performance Review” which equips the CFO to provide financial leadership to the business they serve.

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

This course covers a three step process that businesses can follow to uncover opportunities to improve profitability.

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What you will learn

• Explore how analytics can be used to identify opportunities to improve financial performance.
• Explore how to monetize and prioritize each opportunity so scarce resources can be applied to the greatest opportunities.
• Recognize the importance of forecasting in communicating with the organization the need to make changes.

Rating: 4.5

Level: Intermediate Level

Duration: 1 hour

Instructor: Illumeo Learning