Cash Flow Audit

Innovating together for your safety

BDO’s Cash Flow Audit is designed to evaluate your company’s financial health and ensure the security of its cash flow. Whether your business is thriving or facing financial challenges, this audit provides insights to optimize cash management, improve organizational efficiency, and identify potential risks or savings.

Key Objectives of a Cash Flow Audit

Identify funding sources and ways to optimize them.
Assess working capital requirements and the company’s ability to meet them.
Verify the quality and reliability of financial data.
Forecast short- and medium-term cash needs.
Provide recommendations to enhance financial management and efficiency.

Our Comprehensive Approach

1. Evaluation and Current State Analysis

Review financial documents, contracts, and obligations.
Interview key stakeholders, including leadership and finance teams, to gather detailed insights.

2. Implementation of Solutions

Develop and execute tailored action plans.
Introduce tools and methods to optimize cash flow and working capital management.

3. Continuous Monitoring and Support

Track the success of implemented strategies.
Provide ongoing guidance to ensure sustainable improvements in financial operations.

Benefits of a Cash Flow Audit

Optimize cash management and working capital (BFR).
Pinpoint critical areas for improvement.
Identify opportunities for cost savings and efficiency.
Strengthen organizational structure and processes for long-term stability.
Enhance your ability to address immediate and future financial challenges.

Specialized Audits: Banking Conditions

A banking conditions audit can uncover significant, often overlooked cost savings.

Focus Areas Include:

Transaction fees.
Overdraft and immobilization fees.
Debit interest charges.
Telematics costs.

Advantages:

Treat banks as service providers while maintaining respectful relationships.
Propose reorganizations, such as specialization of banks by transaction type.
Achieve clear return on investment with potential cost savings of 20–30%, averaging €60K annually for businesses with €40M in turnover.

Cash Flow Audit Process

Assessment of Current State: Evaluate existing processes and identify inefficiencies.
Recommendations and Implementation: Provide actionable solutions and assist in executing plans.
Ongoing Monitoring: Ensure long-term improvements and maintain operational excellence.

BDO’s Cash Management experts are your trusted partners in securing, optimizing, and streamlining your financial operations. Contact us today to explore how we can help safeguard and enhance your company’s financial future.