The IMF predicts the world economy will contract by 4.9 percent during 2020, and global economies are not expected to recover from the effects of the pandemic until late 2022 (ING). In these times of economic uncertainty, cash flow management is one of your business' most valuable tools. Effective cash flow management will help your business withstand the impacts of the economic recession and ensure you are in the best possible position for growth when global economies begin to recover. During this webinar, you'll hear advice from a panel of cash flow management experts. Learn how you can recession-proof your business with better cash flow management including: - Accurate cash flow forecasting - Comprehensive spending and expense management - Optimised accounts receivable processes Watch the recorded session: https://hubs.li/H0LlNQ00

1. How to recession-proof your business
with better cash flow management
STARTING SOON
Brought to you by: www.chaserhq.com

2. How to recession-proof your business
with better cash flow management
LIVE NOW
Brought to you by: www.chaserhq.com

3. Your panel

4. @Chaser_hq @FloatApp
@Soldo @cactus @agencynomics
Thanks for the cash flow advice
today! When is the next webinar?
#CashFlow
#RecessionProof

5. What we’ll cover
● Advisory overview
● Cash flow forecasting
● Expense management
● Accounts receivable processes
● Q&A

6. cactus

7. Visit us online at cact.us

8. Visit us online at cact.us
POSITIVE MINDSET

9. Visit us online at
Visit us online at cact.us

10. Visit us online at cact.us
Why Am I Here Today?

11. Visit us online at cact.us

12. Visit us online at cact.us
FORECAST ARMAGEDDON

13. Visit us online at cact.us
POSITIVE MINDSET

14. REFORECAST REALITY
Visit us online at cact.us

15. Visit us online at cact.us
LANDLORDS ARE HUMAN

16. TAKE OUR FREE COVID-19 RESILIENCE HEALTH CHECK: VISIT HTTPS://CACT.US
Visit us online at cact.us
TAKE THE FUNDING

17. Visit us online at cact.us
REVIEW VAT POSITION

18. Visit us online at cact.us
PAY ON YOUR TERMS

19. Visit us online at
TAKE OUR FREE COVID-19 RESILIENCE HEALTH CHECK: VISIT HTTPS://CACT.US
Visit us online at cact.us
BEWARE THE FALSE DAWN

20. DOUBLE MARKETING SPEND
Visit us online at cact.us

21. Visit us online at cact.us
TURN LOSSES & R&D INTO CASH

22. Visit us online at cact.us
SUMMARY
● Forecast Armageddon
● Positive Mindset
● Reforecast Reality
● Landlords Are Human
● Take The Funding
● Review VAT Position
● Pay On Your Terms
● Beware The False Dawn
● Double Marketing Spend
● Turn Losses & R&D Into Cash

23. Visit us online at cact.us
Thank you
mark@cact.us

24. float

25. Real-time cash flow
confidence
www.floatapp.com

26. What is cash flow?!

27. Flow of money
in and out
of your business

28. - 5% of UK SMEs have no cash reserves
- 20%+ have no idea
- Less than 25% have 6+ months
According to ONS...

29. How is this
relevant to me?

30. Do you ever ask yourself things like...
“Can I afford to hire a new employee?”
“When should we pay this bill?”
“What if this invoice is paid late?”
“Do I need to get a loan to cover payroll?”
“What if we lost those customers?”
“Did I overspend last month?”
“What is the impact of COVID on our business?”
“When will our cash run out?”

31. 82%

32. A cash flow forecast will help

34. What is Float?

35. Visual, operational cash flow
forecasting and management

36. Are you seeing this?

37. When you could be seeing this?

38. Why Float?
www.floatapp.com

39. Clearly see when you’ll run low on cash

40. Explore multiple ‘what if’ scenarios

41. Understand ‘ins and outs’ and address
credit control

42. Explore budgets vs. actuals

43. Dive into daily view of business finances

44. A mature, award-winning product
MARCH
2019
CASHFLOW SOFTWARE
OF THE YEAR 2018
2017
2019

46. soldo

48. Cashflow management was
the greatest challenge to 72
percent of finance leaders

49. Business spending
dropped 41 percent in
April compared to March

50. There are many
types of spend

51. Lack of control over
spending
No way to delegate execution
of payments
Inefficient and costly manual
processes
Poor visibility and no
real-time tracking

52. Soldo provides end-to-end spend management
Manage budget
and authorise
spend
Proactively manage
spend and budgeting
decisions
✓ Control
Define and
control access
to money
Control access to
funds based on user,
team, or activity
✓ Delegation
Delegate
execution of
payments
Empower employees
to make payments
within the defined
rules
✓ Delegation
Capture context
and enrich
transaction data
Retain documentation
and transaction data
at the point of
purchase
✓ Efficiency
Validate expense
data
Verify transaction
compliance against
business policies
✓ Control
Integrate with
accounting for
reconciliation
Efficiently automate
manual tasks and
stream data into
accounting
✓ Efficiency
Real-time spend analytics and reporting
Keep on top of spend activities as they happen and perform current and historical analysis
✓ Visibility

53. Budget controls &
automatic transfers
• Limits can be set monthly,
weekly and daily
• Automatic transfers can be set
to happen periodically
• Configure low balance top-ups

54. Advanced
spending controls
• Set bespoke rules per card
• Manage ability to withdraw
cash, spend online or abroad
• Granular control of where the
card can be used and types of
categories

55. Allocate money
& budgets
• Transfer money between the
company wallet and cards
instantly, for free
• Wallets are available in GBP,
EUR and USD
• Low FX fees for moving money
between currencies

56. Track spending
in real-time
• Capture receipts at time of purchase
• Employees tag transactions in line
with your policies
• Access transaction data in real-time

57. • Custom reports for statements,
balances and transactions
• Spend analytics by user,
department, category
Reporting

58. chaser

59. Market leading accounts receivable
automation software
We help businesses to automatically and intelligently
chase customer invoices, to get paid sooner

60. The late payment problem

61. The late payment problem
48%
● Of all invoices are paid late (Xero & Paypal, 2019)
£225 billion +
● Or $290 billion owed to UK SMEs (Zurich Insider, 2016)

62. The late payment problem
● Difficulty forecasting
● Stifle business growth
● Slow job creation
● Create a dependency on debt and equity financing

63. The late payment problem
336
● Hours spent per year on manual, ineffective accounts receivables tasks

64. The late payment problem
50,000
● SMEs close each year due to late payments in the UK (FSB, 2016)
70%
● Of large business CFOs view late and non-payments as a threat to their
business (Euler Hermes Americas, 2019)

65. The recession

66. The recession
209%
● Increase in late payments since WHO declared pandemic
The reality for many SMEs:
● Reduced headcount, remaining staff stretched for time with more responsibilities
● Maintaining a healthy cash flow is more important than ever, to withstand the
recession

67. Your situation
● Are your customers paying you on time?
● Are you chasing up and dealing with late payments?
● Do you have time to be doing this as effectively as you could be?

68. Support is available
Businesses are turning to Chaser to automate their accounts receivable
processes due to these current difficulties
We’ve supported businesses in chasing over $3bn in overdue invoices
“We at Wolfgang Digital really care about our customers and
Chaser’s personalised emails help us show just that”
- Tommy Gough, Wolfgang Digital

69. How does Chaser help
Automates the accounts receivable process and speeds up debt collections, to
help you get paid on time, in less time.

70. What Chaser does
Integrates with your accounting software to automatically and
intelligently chase all overdue payments you want it to

71. Customisable payment reminder templates, personalised to each recipient

72. Editable chasing schedules, with as many reminders as your customers need

73. Flexible to your business’ needs: set up payment plans and chase installments

74. CRM view of all communications: chasers sent, customer responses, reminders

75. Outcomes
● Get paid 16 days sooner
● $22,000 cash flow boost for every $500,000 of turnover
● Save 15 hours per week on accounts receivables

76. What our users say
I love how flexible Chaser is. It is easy to use, has great results and I’ve been really
impressed by how easy it is to adapt the settings to our continually changing needs.
We have saved at least 15 hours per week, and that’s me being stingy.
- Rossana Vittorielli, Love Brands
Had an impact on our business from day one. I wouldn't hesitate to recommend to
anyone looking to improve revenue collection. If you are reading this and wondering
whether or not you need Chaser I would just go for it
- Tony Harris, Hub Property Care

77. What our users say
400
● Reviews, at a perfect 5.0 star rating
Highest rated accounts receivable app
● On Xero’s app marketplace & 4th highest rated in the entire marketplace
Xero app partner of the year 2016

78. How you can use Chaser
(no obligation, no card details)
Run a more efficient and effective accounts receivable process from just $35 per month
Go to: chaserhq.com/signup for 14 day free trial

79. Q&A

80. Where to find out more about us:
chaserhq.com/signup
chaserhq.com/resources
floatapp.com/sign_up
floatapp.com/covid-19
cact.us
soldo.com/pricing
soldo.com/resources
community.agencynomics.com