foreCASH automatically re-calculates the amount available and borrowed as invoices are raised, and then paid by customers, on your invoice discounting / invoice factoring facilities.
| Invoice Based finance | foreCASH cash flow forecasting software |
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| Multiple facilities / multiple currencies | If you sell in different currencies or regions you can set up separate accounts in foreCASH for each facility |
| Variable advance rate and cap | Percentage advance rate and cap can be varied during forecast. Model facility limit changes, allow for temporary uplift in borrowing rate |
| POD, aged and disallowed items | Reconcile facility by noting disallowed invoices such as aged items, or items awaiting proof of delivery |
| Auto-draw down | Set automatic draw down options to match how you use the facility |
| Fees | Set monthly, draw down plus any commission charges |
| Large customer limit (% of ledger) | Disallow invoices on major customer where percentage share of ledger is exceeded |
| Sales invoice phasing | Use sales profiles to weight sales forecast across the month. Option to reconcile actual daily sales to align facility |
| Collections phasing | Versatile range of terms, or imported due dates, ensure accurate phasing of collections. Option to reconcile actual daily collections to align facility |
If your pattern of invoicing is weighted towards the end of the month you need to take particular care in forecasting as your invoice finance facility spikes at the month end while many large payments such as salaries, PAYE/NI or rent are made before the last few days of the month. foreCASH’s daily & weekly level of detail is key in ensuring you have adequate facilities to manage your cash flow.
