Course objectives:
- Understand the reasons that cash flow is essential
- Learn all aspects of CashFlowTool including forecasting, dashboard KPIs, what-ifs, collaboration and more
- Learn how CashFlowTool works in a variety different businesses
- Learn the best ways to roll it out and begin cash flow advising
- Pass the test and become an official CashFlowTool Certified Pro
Total course length: 2hr 35min
Introduction
Welcome to the CashFlowTool Certification Course
Length: 2 minutes
Welcome to the CashFlowTool Certification Course. This introduction will give a quick overview of the course, what to expect, and enable you to become an authorized expert in CashFlowTool. This course will equip you to help your clients stay in business and thrive by eliminating cash flow problems as a reason they might fail. Using CashFlowTool with your clients will help them eliminate surprises and make quicker business decisions by going beyond the financial statements and predicting what will happen in the future.
Lesson 1
The importance of cash flow management and forecasting
Length: 5 minutes
Lesson 1 starts off by explaining why cash flow management and forecasting is mission critical for every business. Whether the business is just starting out, growing or declining, we will set the stage for why CashFlowTool is an essential tool for managing cash flow. After all, cash flow is the lifeblood of any company.
Lesson objectives:
- Understand how critical cash flow is in a business
- Understand Finagraph’s mission and why CashFlowTool makes cash flow management and forecasting easy for a business
Lesson 2
Setting up CashFlowTool for the first time
Length: 25 minutes
Lesson 2 will teach you everything you need to setup CashFlowTool for the first time, get your business connected to QuickBooks and make some customized adjustments.
Lesson objectives
- Learn how to add a business with QuickBooks Online
- Learn how to add a business with QuickBooks Desktop
- Understand how to manage multiple businesses in the Business Activity Center
- Customizing CashFlowTool for your business
- Understand how CashFlowTool works in a Hosted environment and why that is important to a business who uses
Lesson 3
The Cash Flow Forecast
Length: 33 minutes
Lesson 3 is going to teach you all about the Cash Flow forecast, why it matters and how to use CashFlowTool to optimize your forecast. This is an important lesson and is the foundation of what CashFlowTool is all about: Predicting your cash flow future so you can make informed decisions today.
Lesson objectives:
- Learn how CashFlowTool forecasts the future using CashLearn™ technology
- Go deep in understanding the Interactive Chart Forecast
- Learn all about the Cash Flow Calendar
- Understand how Customers and Vendors Views work and what you can adjust
- Learn how to build "what-if" scenarios
- Learn how to exporting your forecast to Excel
Lesson 4
Business KPIs and the Dashboard
Length: 17 minutes
In this lesson we discuss the ever-important KPIs (or Key Performance Indicators) for a business so you can instantly have a good pulse on how the business is actually performing.
Lesson objectives:
- How CashFlowTool automatically shows your business’ KPIs
- The default CashFlowTool dashboards
- Adding/Customizing Dashboards
- What decisions can be made with the KPIs
Lesson 5
Adding Team members and Collaboration
Length: 15 minutes
In lesson 5 we will discuss team collaboration which is very important to ensure everyone is on the same page with cash flow.
Lesson objectives:
- Understand the scenarios you might encounter to add team members
- Learn how to add and manage team members
- Controlling and revoking permissions on all aspects of CashFlowTool
Lesson 6
Alerts, Notifications and Documents
Length: 17 minutes
In Lesson 6 we will discuss how CashFlowTool can alert you to a few key things that will help you run your business faster, how to notify team members on important topics, and also how to use the Document Center to see your automatically generate balance sheets and income statements.
Lesson objectives:
- How CashFlowTool helps businesses see anomalies to act faster
- Using Notifications to keep everyone up to date
- Using the Document center to see Balance Sheets and Income Statements and uploading your own documents
Lesson 7
Using CashFlowTool in different types of businesses
Length: 8:25 minutes
This lesson will teach you about different types of businesses and how to optimize CashFlowTool for each. You will learn what to look for and how to adjust cash-in and cash out depending on the type of business.
Lesson objectives:
- Look at different types of businesses to see the best way to use CashFlowTool in each case.
Lesson 8
Rolling out CashFlowTool to your clients
Length: 24:24 minutes
Introducing cash flow services to your clients and expanding your services to include cash flow management and forecasting is one of the best ways you can help any business. This lesson will teach you the winning formula to growing your practice and delighting your customers with CashFlowTool.
Lesson objectives:
- Learn the steps to get ready to rollout cash flow services to your clients
- How to introduce cash flow services to your clients
- How to talk about your new cash flow services with updated service offerings and pricing
Lesson 9
Wrap-up & Summary
Length: 2:45 minutes
We want to thank you for taking the time to complete the CashFlowTool certification course. In the last 8 lessons, you have been given a ton of information about how to use and manage CashFlowTool with your clients, how to roll out cash flow advisory services to your clients and more.