When Cash Flow Management Tools specifically designed for a business are implemented and adopted, management and their financial institution gain an accurate insight into the operation.

Situation

Headquartered outside of Atlanta, Georgia and serving the Southeastern United States is a well-established Metal Framing Manufacturer recognized as a leader in their industry for sourcing quality cold-formed metal framing. Manufacturing and distributing a complete line of structural and dry-wall metal framing and accessories, the company specializes in custom lengths of stud and track. With new management in place to help transition to a more technology-driven company, Manufacturer worked to secure a loan with a new financial institution to help manage their growth needs. However, in order to secure the loan, the financial institution sought a better window into how cash flows through the operation on a monthly basis and required monthly updates to the reporting. Like many small businesses, Manufacturer is a leader in their craft, but oftentimes financial reporting that is not always straightforward or easy to report can unnecessarily absorb valuable time.