Cash Flow

It involves analyzing a company's cash inflows and outflows to determine its financial health. By understanding a company's cash flow, a consultant can help identify areas where cash is being wasted and develop strategies to increase cash inflows.

Some specific areas that a cash flow consultant may focus on include:

• Accounts receivable management: This involves analyzing a company's outstanding invoices and developing strategies to collect payments more efficiently. This can include sending out reminders, offering discounts for early payments, and following up with customers who are past due.
• Inventory management: By analyzing a company's inventory levels and turnover rate, a consultant can identify opportunities to reduce inventory costs and improve cash flow. This can involve implementing just-in-time inventory practices or negotiating better deals with suppliers.