All businesses run on cash. If it slows down or stalls, everything else does too. According to a study, 82% of small business failures are linked to cash flow issues: not a lack of profit, but the simple issue of money not being in the right place at the right time.
Late payments, seasonal dips, and unexpected expenses can put your finances in a bind. Many businesses use traditional financing, lines of credit, or factoring to fill cash flow gaps, but these options come with debt, interest, and less control over your revenue. NowCorp offers a better alternative.
Our cash flow management solution provides instant access to the full value of your invoices (minus a small flat fee). You choose which ones to convert into working capital for growth, inventory, staffing, payroll, and more.
The following guide explains the basics of cash flow management and shows how NowCorp helps you track and improve your cash position. Let’s dive in.
Key Cash Flow Challenges for Businesses
Almost every business faces cash flow challenges at some point. Only, the trouble spots look different at each stage of growth. Here’s a quick look at the most common roadblocks by business size, with insights on how smarter financial management for small and growing businesses can keep cash moving.
Small Businesses
For small businesses, late payments can knock everything off balance. When customers pay late, or business slows down for the season, it can feel like you’re stretching every dollar to cover basic expenses. A surprise bill can drain your cash reserve in an instant.
You also need enough cash to hire staff or stock up on inventory. They say it takes money to make money, and financial management for small businesses means knowing how much cash you have at hand daily.
Medium-Sized Businesses
As your business grows, so do your invoices. But when large clients take 60 or 90 days to pay, the gaps can hurt your net cash flow. You need to use smart forecasting and real-time tools to keep track of your cash, so you can pay your bills and keep scaling without slowing down.
Enterprise Businesses
At the enterprise level, long projects can lock up large sums until you reach key milestones. Managing multiple regions, currencies, and a growing vendor list brings more chances for unexpected changes. You need a cash flow management system to track your cash inflow and outflow in real-time across all departments and regions.
Tracking and Improving Cash Flow with NowCorp
NowCorp is a complete cash flow management solution designed to give you full visibility and control over your finances. We don’t just help you track your cash flow, we help you actively improve it.
Track
NowCorp provides real-time dashboards that show your cash position at a glance. You can monitor income, expenses, and receivables from one centralized platform. Unlike other cash flow management software, NowCorp shows you exactly how much you’re paying for each invoice, so you always know the cost of accessing your cash.
- Real-Time Dashboards: Get a clear picture of your cash position, including income, outstanding invoices, and receivables.
- Automated Alerts: Receive notifications for overdue invoices or low balances, so you can act before small issues become big problems.
- Accurate Estimations: Leverage cash flow estimations to strengthen your future cash position based on current invoices and payment schedules.
Improve
Beyond tracking, NowCorp helps you make smarter decisions with data-driven insights. You can cut costs, speed up payments, or renegotiate terms with clients who consistently pay late.
- Cost Reduction Insights: Pinpoint wasteful spending, like late fees or slow-paying customers, and address them head-on.
- Payment Acceleration: Use insights to encourage faster payments from clients, reducing the gap between billing and cash in hand.
- Trend Reports: Spot patterns that might be draining your cash flow, like frequent delays from specific clients or recurring expenses.
NowCorp’s cash flow management services reflect trends you can trust. You only need to act on them quickly to keep your business growing without guesswork.
NowCorp vs Manual Cash Flow Management Techniques
Some businesses still rely on manual cash flow management techniques like spreadsheets and paper records. However, this approach is slow, prone to errors, and takes up valuable time.
You have to enter every transaction by hand, double-check every figure, and constantly update totals as money comes in or goes out. It’s easy to miss a late payment, overlook an expense, or make mistakes that throw off your numbers.
NowCorp connects you to your accounts, pulls your data automatically, and updates your dashboard in real time. You see cash in, cash out, and outstanding invoices at a glance.
Need to know what a $25,000 invoice on 60-day terms costs? Type the amount and term into NowCorp’s calculator. The tool shows your true carrying cost in seconds, so you decide whether to wait, nudge the client, or cash out early.
With NowCorp handling the data entry, you skip the grunt work and regain hours each week. Automated tracking keeps your cash picture clear and lets you focus on growth.
Benefits of Adding NowCorp to Your Financial Stack
NowCorp was built by entrepreneurs who understand the pressure of cash flow gaps. It’s faster, easier, and less risky than loans, credit lines, or factoring. Here’s how NowCorp’s cash flow management services stand out:
1) Stress-Free Cash Flow
NowCorp gives you control without the risks of traditional financing. You choose the invoices to convert, and you aren’t financially responsible if a client doesn’t pay. We take on 100% of the risk.
2) Lower Operating Costs
Chasing late payments drains staff time and budget. NowCorp takes over collections, reducing phone calls, follow-up emails, and accounting touch-ups. The less time you spend on admin, the more you can focus on scaling your business.
3) Data-Driven Growth
Decisions grounded in solid data beat gut instinct every time. NowCorp’s dashboards show exactly where money enters and exits your business. You can spot trends quickly, plan inventory or hiring with confidence, and invest when the numbers look right.
4) Instant Access to Receivables
NowCorp gives you immediate access to your cash. You can unlock funds for bulk orders, hiring, or unexpected expenses, right when you need them. This flexibility keeps your project moving and puts you in a position to seize new opportunities without relying on outside funding.
Integrate with QuickBooks
NowCorp connects directly to QuickBooks to allow for effortless business cash flow management across both platforms. Once connected, you can sync invoices, payments, and accounts in real-time.
- One Dashboard: Manage cash flow without switching between platforms.
- Real-Time Sync: Stay up to date without manual data entry.
- Smarter Decisions: Track income and expenses with confidence.
Conclusion
Stop waiting for payments to trickle in. NowCorp turns your client invoices into working capital the moment you need it.
Unlock cash, end delays, and keep your cash flow moving. Contact us to learn more about how NowCorp can help your business today. Call 1-855-966-9435.
Frequently Asked Questions
What Does a Cash Flow Management Software Do?
A cash flow management software helps you see where money comes in and goes out, forecast cash gaps, and decide how to handle your cash flow.
How Does NowCorp Help Small Businesses Track Cash Flow?
NowCorp provides real-time dashboards and automated alerts that monitor invoices, payments, and expenses. You always know your cash position, and you get paid instantly for invoices. Learn more about our platform.
Does NowCorp Integrate with My Accounting Software?
We’ve designed NowCorp to integrate with QuickBooks. It pulls in your financial data automatically, so you can manage cash flow, invoices, and payments in one place, without having to juggle multiple systems or update data by hand.
What Types of Businesses Can Use NowCorp’s Services?
NowCorp works for B2B and B2G businesses, including staffing agencies, retail suppliers, manufacturers, and more. Any business with long payment cycles or cash flow gaps can benefit.
What Makes NowCorp Different from a Traditional Loan or Line of Credit?
Our cash flow management platform gives you instant access to the cash you’ve earned without taking on debt or interest. You sell your invoices, get paid right away, and avoid the risks and obligations of loans or credit lines.
What’s the Secret to Effective Cash Flow Management?
Check your cash flow statement frequently. Use NowCorp’s real-time dashboards to see your net cash flow, operating cash flow, and upcoming expenses.
You can also encourage clients to pay on time by offering early payment discounts or using NowCorp to get paid immediately on selected invoices. Faster payments help reduce cash flow issues.
What Is Operating Cash Flow?
Operating cash flow measures the cash generated by your business’s core operations. It reflects your company’s ability to maintain positive cash flow from day-to-day activities.
How Can I Forecast Future Cash Flow?
Utilize cash flow forecasting to estimate your future cash flow based on current invoices and projected expenses. NowCorp’s software provides accurate estimates to help you plan effectively.
What Causes Negative Cash Flow?
Negative cash flow happens when your cash outflows exceed your cash inflows. It can result from late payments, unexpected expenses, or poor cash flow management. NowCorp helps you monitor cash flow in real time to avoid this issue.
What Is Financial Health and Why Is It Important?
Financial health is a measure of your business’s overall financial well-being. It includes your ability to pay debts, maintain positive cash flow, and achieve long-term growth. Strong financial health means your business can weather economic challenges and seize new opportunities.
What Are the Best Ways to Optimize Cash Flow?
To optimize cash flow, you should monitor it regularly, accelerate payments from clients, control expenses, and maintain a cash reserve. You can use NowCorp to access funds from invoices immediately, reducing the gap between billing and payment.
How Does NowCorp Manage Accounts Receivable?
NowCorp streamlines your accounts receivables by giving you instant access to the value of your invoices, so you don’t have to wait for clients to pay. Our dashboard tracks all outstanding invoices and provides real-time insights into your receivables.
