82% of businesses fail due to poor cash flow management, according to research carried out by a US bank. Business finance metrics have always been difficult to manage and have become the primary reason behind business owners’ worry, but now you can put an end to it. You must be wondering how? The simple solution to all your business finance issues is Business Finance Manager (BFM). Just integrate BFM with Tally and get 360 degrees visibility of your business finances. Let us understand how BFM’s integration with Tally can simplify business finances.
Sync BFM with Tally seamlessly
Your cash flow will be at your fingertips once you sync BFM with Tally. You can directly add entries on BFM, which will sync automatically with Tally.
- You can manage receipts, payments, and ledger entries
- You can create & manage Tally entries like customer quotation, sales order, and sales invoice etc.
- You can share vouchers via WhatsApp and email directly from the web and mobile app
Stay on top of cash flows as you can access your finances from anywhere or anytime without depending on the accountants.
BFM simplifies your cash flow management and gives actionable insights based on past and future cash flow projections. BFM shares insights on how you can plan the growth of business based on the cash flow projections and manage different scenarios such as an emergency fund, buying equipment that can impact cash flows.
You can track and predict the uncertainties and avoid a cash crunch in your business. By preparing regular cash flow forecasts, you can predict the difficulties and plan accordingly. You may need a short-term line of credit or overdraft to cover a negative cash period.
Automated Payment Reminder
Get collections 20% faster from debtors by sending payment reminders via email, SMS, and WhatsApp. You need not worry about the “pending” payments; our automated feature would send reminders and help you segment the pending payments based on time. You can also prioritize your debtors based on time and ageing analysis. Share ledger and invoices with the follow-up reminders.
A Real-time Dashboard
Get a 360-degree view of your business finances with a real-time dashboard with a snapshot of business metrics, i.e., receipts, payments, sales, purchases, receivables, and payables. Get business reports and Tally data on your mobile which will enable you to make data-driven business decisions and will help you to scale your business faster.
Switch to Effortless Finance Management with BFM
BFM will help you manage your business finances, cash flows, and automate payment collection using advanced integration with Tally so that the business owners can have access to their business reports anytime, anywhere.
Want to focus more on business growth instead of cash flow? Contact us and switch to BFM today!