DataSelf AI's Cash Flow Projection Dashboard predicts daily net balances using current cash, open invoices, sales orders, and payroll. The line turns red when a shortage looms. Automatic emails alert you to problems, and all KPI calculations feed the same reports for consistent numbers across your business.
The Cash Flow Projection Dashboard enables you to forecast future cash flow so as to avoid any possible cash shortages and better anticipate upcoming expenses. So let's talk about predictive analytics. One of the advantages of dataself is its ability to look ahead and make confident fact based predictions about future business behavior. The current dashboard represents projected cash flow over a user defined time period. It helps you identify potential shortages and better balance income with expenses. The forecast is based on inbound and outbound cash cash today plus open AR and sales orders minus OpenAP purchase orders and projected payroll. There's even room for a user defined adjustment such as an upcoming loan payment. Like all KPIs in dataself, you can customize it even to include income and expenses from other applications such as Excel. The black line shows the ups and downs of your projected cash flow and accrues daily net balances. The line turns red to indicate a potential cash shortage. The report can be automatically emailed on a schedule. You can also configure alerts such as if your available cash drops below a certain level. Most importantly, the cash flow calculation is the same regardless of what other reports and dashboards it's used in. And that refers to a concept called a single version of the truth. A single version of the truth refers to your ability to define a KPI like projected cash flow once you can then reuse that metric in multiple reports and dashboards. So whether it's including a 30 day cash flow amount in an AP report or including a cash flow chronology in Data Self's 360 dashboard, the metric and its calculation remain the same. Just drop the number or the chart into the appropriate reports and you're done a single calculation which yields a single version of the truth. With this approach, Data Self ensures that you can trust the results of your analytics and the decisions you reach from them. And when it comes to cash flow, consistent, trustworthy data is what you need not just for today, but for next week, next month and beyond.
