Tag: Cash flow software with factoring receivables

Factoring receivables helps businesses to bridge the gap between the timing of the incoming receipt of payment from customers to the timing of the outgoing payment of operational costs and expenses. But to plan for the switch to debt factoring you need to prepare cash flow forecasts beforehand. To do so you need cash flow software with factoring receivables built-in. Or alternatively, you need to be able to create complicated spreadsheets to prepare your own cash flow forecasts.