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https://www.calxa.com/3-way-forecasting/

When do I need a three-way forecast?

When you and your management want to be confident about your cash position.
When you want your business to be attractive to potential investors and lenders.
When you want to bring financial stability to your company, now and in the future.

What is a three-way forecast?

A three-way forecast, also known as the 3 financial statements is a financial model combining three key reports into one consolidated forecast. It links your Profit & Loss (income statement), balance sheet and cashflow projections together so you can forecast your future cash position and financial health.

Because your cashflow forecast is driven by the real-time data in your balance sheet and profit and loss statements, the report has accounting integrity. For this reason, a three-way forecast is also beneficial for banks and investors.

In addition to providing granular financial forecasts that explain the future prospects of your business model, three-way forecasts are accurate, robust and provide the best possible insights for your future financial position.

Why is three-way forecasting important for a business?

A three-way forecast is important for a business as it highlights future financial situations enabling you to ensure that the business can afford to pay suppliers and employees.

Calxa is a market leader in Budgeting and Cashflow Forecasting software. Simplifying reporting so that organisations are able to make informed decisions, formulate their vision and make a positive move towards the future.

Why Use Calxa?

Calxa is the leading budgeting and forecasting software.

• Saves Time: Linking directly to the accounting system, actuals are automatically updated fast-tracking analysis, benchmarking and reporting.
• Accuracy: Automating the process eliminates human errors ensuring data integrity and accurate reports.

• Better Control: Getting reports quickly and regularly, provides the platform to make better and more informed decisions.

Who Uses Calxa

Business

Businesses use Calxa to deliver management reports to their Owners, CEOs, Franchisors and Bank Managers. Use Calxa to prepare budgets, Cashflow projections and KPI reporting. Drilling down to branch and departmental budgets for comparison with actuals and consolidating multiple organisations provide the platform for good decision-making.

Not-for-Profits use Calxa NFPs do detailed program budgets to acquit grants, keep CEOs informed and deliver complex board reports each month.

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The impact of the NDIS and how this webinar can help your organisation:

The NDIS roll out in the Central Highlands of Victoria begins in Jan 2017 .  This new system for the delivery of products and services for those in the disability sector will also bring changes to how provider organisations are funded for those services.  Join industry professional Belinda Phillips from Beyond Basics as she presents her insights into the lessons learned from the Barwon Health trial site and discusses  the systems your organisation needs to  empower sustainability and growth.  Belinda has broad experience with small businesses, the Not for Profit (NFP) and Health sectors and the transition to the NDIS for provider organisations.  She has the analytical ability to get the results organisations want, looking at the  reporting requirements and identifying the systems needed to provide that.

What you can expect to learn from the session:

• Take stock and review your accounting system, activity costings and cash position.
• Ask yourself:  How will we manage our clients?
• Put in place a process to invoice clients and upload claims quickly to the NDIA Portal.
• Review rostering systems and the workforce management process.
• Setting up a reporting and tracking mechanism so that your board  and management have  the  information they need for insight into operations and to provide information for forward planning.

Who should attend:

• CEO’s interested in gaining better tools to provide a clearer insight into the financial direction of their organisation under the NDIS

• Financial controllers looking to maximise their budgets and free up valuable resources

• Anyone involved in Disability Support sector with a desire to optimise their client outcomes through fine-tuning and integrating their financial and other systems.

Belinda  has gained first-hand experience of the system requirements needed by provider organisations for sustainability under the NDIS. She and will present that knowledge in an enlightening session aimed at  providing information on how achieve this through system integration and financial process improvement.

for this free webinar and gain some valuable insight on the processes and tools needed to be successful under the NDIS.