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The Art Of Cash Flow - Collecting Payment & Managing Accounts Receivable

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fabl

18 Mount Street

Prahran, VIC 3181

Australia

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Every business must be paid by their customers. Collecting payment & managing outstanding cash is critical to business growth (& owner stress levels). Yet for so many businesses invoicing is time-consuming & collecting payment is a real struggle.

Through this entertaining, engaging & highly practical presentation David Maher (Director of Right Brain Insights) will explore managing cash flow through accounts receivable. Designed for businesses with $2M+ in revenue, & told through the context of trade services businesses this presentation will focus on:

1) Improving internal efficiency with tight invoicing systems & processes.

2) Effective collecting of payment.

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Key questions & themes explored will include:

- Profit vs. cash flow. Why are they different & how accounts receivable impacts cash flow?

- How & why the due date is rarely the actual date of payment?

- How long does it (really) take your customers to pay? Who is a good /bad customer?

- Tips & tricks to use Xero & Fathom to improve payment time.

- Assessing the cash flow impact of contract terms before starting a project.

- Using terms &/or pricing to negotiate a better deal.

- Exploring real-world client stories. What worked & why?

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Presented in partnership with BJS Insurance Brokers, RB Flinders lawyers, Husset HR, Fathom, Highview Accounting, Paper Plane bookkeeping & We Are Waypoint systems deployment. The presentation will break down pieces of the puzzle that combine to create the efficient & effective collection of payment.

Come relax, learn, & meet new people with free food & drinks on arrival. Gain new insight into your business performance & cash flow through a 60-day free trial of Fathom. Plus, proceedings will wrap up with an informal Q&A.

Hope to see you there.

David, Director - Right Brain Insights.

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fabl

18 Mount Street

Prahran, VIC 3181

Australia

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