Indirect Cash Flow Statement
Optimize investment decisions and monitor liquidity and stability.
Tags
reamline month-end reporting with an automated, scalable reporting process that ensures consistency in cash flow reporting. Wave goodbye to broken formulas and manual data loads and say hello to centrally managed cash flow calculations. Let Prophix One, a Financial Performance Platform, automatically pull and translate real-time balance sheets and income statement activity, so you can focus on actioning insights about your cash. Since much of your indirect cash flow statement will be managed with robust calculations that only need to be set up once, this allows you to shift your focus on any manual adjustments that may be needed.
Drillable reports make it easy for you to draw back to the balance sheet and income statement data that drive your net cash changes. Identify favorable and unfavorable insights that can actively be used to inform future strategy or provide confidence on how current strategies are playing out. For example, positive operational cash flow coupled with manageable financing activities reflect a health financial position. Alternatively, persistent negative cash flow from operations can be triggered to address underlying inefficiencies in generating revenue.
These once hard-to-manage intricacies, like multi-currency considerations, security, or rolling reports into a new period, are simplified and automated thanks to Prophix One. Time references to the current reporting period are centrally managed with no need for formatting changes. Currency translations happen behind the scenes, and security is automatically applied to each user.
Create your cash flow reports in Prophix One and make financial reporting management a highly efficient and hands-free experience. Get ahead of liquidity challenges, manage stakeholder confidence like a pro, and oversee operations with razor-edge efficiency.
Tags
Explore more
Related solutions to Indirect Cash Flow Statement
