Magazine article Black Enterprise

The Numbers Game: Software That Analyzes Your Cash Flow

Magazine article Black Enterprise

The Numbers Game: Software That Analyzes Your Cash Flow

Article excerpt

There are certain ills that plague nearly every business: tight cash flow, narrowing margins, rapid growth but no expansion capital, and footdragging clients who never pay on time. A stout remedy to such problems is Profit Mentor from Management Advisory Services (MAS), a division of Moss Adams, an accounting firm in Seattle.

What's nice about this financial management software program is it helps you monitor trends and market indices relative to your type of business. Profit Mentor covers three main areas: historical analysis, which provides ratio and financial impact analysis reports; monthly cahs-flow forecasting, including seasonal fluctuations of the business; and annual forecasting.

Whereas most business planning programs just project an income statement, Profit Mentor links your income statement, cash flow and balance sheet together to help you come up with meaningful what-if scenarios. This way, you can plan for any changes in your financial situation.

Profit Mentor ($245 Windows, DOS $145; 206-233-0500) calculates important ratios to measure safety, liquidity, profitability and operating performance based on future plans.

If you are having specific problems supplying lenders with the financial information they need, then you'll want to check out Loan Express from San Diego-based ValuSource Inc. (800-825-8763). This DOS-based program guides you in organizing, analyzing and preparing a business loan application. No matter what business you're in, Loan Express can help you tailor your request proposal.

The $195 program covers the gamut, including sources of debt financing, ratio analysis, business valuation and loan repayment. This menu-driven program is easy to use and has a great graphing feature.

For those business owners who are mostly interested in forecasting their cash intake 60 or 90 days out, a solid pick is Up Your Cash Flow 4. …

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