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Dimension #1 – Liquidation, Cash Management

How to set outstanding spending expectation with finance to get your project funded!

Cash Management –  assessing cash flow (cash in-and-out of business), revenue less expenses; cash-on-hand needs for paying expenses; funding capital expenditures and investment needs; and, managing market liquidity (ease of turning assets into cash)
Impacts to us: we must inform finance of our projected cap-ex needs and changes in funding levels!  Also, if business experiences a significant dip in revenue, expect corresponding changes to funding levels and/or changes in business strategy.
Expense/Revenue Forecasting – supplies the information needed for business planning, budgeting, decision making and strategizing.
Impacts to us: we must forecast staff HC expense so finance can provide guidance to the executive team regarding our future profitability to enable decision making.
Reporting – In the case of publicly traded companies: governments and markets require quarterly and annual reporting (10-Q & 10-K, etc.) using the GAAP standard.
Impacts to us: many companies chase revenue recognition by the end-of-the quarter or year; as such, expect some increase in escalations to engineering to help monetize. Dimension #1 – Liquidation, Cash Management. ©2018 iiSM.ORG, All Rights Reserved.

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