OUTPUT: Solving a cash flow problem
Problem
A lag between paying bills and
getting money from customers
Tony waits until the end of the
month to send out bills.
He uses his credit cards to pay bill
(which have interest cost)
Solution
You must to have a management
is about reducing or eliminating
the lag between cash inflow and
cash outflow
Tony should purchase billing
software, which allows him to
make invoices and receipts at the
time he receives any payment,
efficiently and effectively.
Tony must follow up on the debts
of his clients, so that he has cash
inflows and avoid excessive use of
the credit card and reach the
available credit limit.