Get to know iCashPro

3) iCashPro Applications:

• Business Health: A forward-looking financial model based on Cash basis, serving as a confidence index for the health of businesses and evaluating future profitability opportunities.

• Financing and Investment Input: The most essential analytical input for forward-looking investment planning and financing forecast.

• Enhanced Decision Making: The most significant factor in successful decision-making and failure prevention (with an effectiveness rate above 80%).

4) iCashPro Advantages:

• Early Warning System: Identify potential cash flow issues before they become crises. with the ability to take proactive measures to address any anticipated shortfalls.

• Enhanced credibility: with stakeholders and the market by mitigating the risk of non-payment due to liquidity shortages.

• Optimized Financing: Reduction in financing and operational costs.

• Strategic Investment: Make more informed investment decisions based on accurate cash flow projections.

• Confidential Respect: Generation of forward-looking financial insights, rather than looking through on confidential historical financial data.

• DA and BI Maturity: Contribution to the organization’s data maturity improvement and the development of business units towards Data Analytics (DA) and Business Intelligence (BI).

• Maximize Productivity: Save time and effort for data entry staff and minimize human errors and maximize productivity through automatic data extraction from spreadsheets

5) iCashPro Features

• Financial Maturity Model: iCashPro software incorporates a predictive mathematical model for forecasting future payments and receipts network, simplified assumptions and data acquisition and ready for execution.

• Cash Basis: Based on Cash basis calculations, rather than accrued earnings or profit and loss accounting methods.

• Environmental Uncertainties: The model is further refined to reflect future conditions more realistically, accounting for environmental uncertainties.

• ETL Data Integration: Built on Business Intelligence (BI) processes, with ETL capabilities and compatibility with Excel and other databases which seamlessly integrate data from various sources.

• Scenario Planning: Evaluate multiple 'what-if' scenarios to make informed decisions under uncertainty and conduct sensitivity analysis of the organization’s portfolio.

6) Analytical Dashboards with Actionable Insights:

• Customized Dashboards: Visualize complex financial data with easy-to-understand dashboards, featuring key performance indicators (KPIs) like burn rate, funding gap, investing peak, and investing rate.

• The McCandless Visualization Method: The effectiveness of data visualization extends beyond the data itself. By employing principles of simplicity, clarity, emphasis, hierarchy, and storytelling. Data stories can significantly impact audience comprehension.

• Animation Capabilities: Visualize movement and bring data to life through engaging animations, making complex analysis more understandable.

• Drill-down capability: Explore detailed supporting information for cash shortages and surpluses and comprehensive analysis of third-party payments and receipts network, and contractual payment terms.

• AI-Powered Insights: Leverage artificial intelligence to uncover hidden patterns and trends in your financial data.

• Various Analysis: Business lifecycle analysis, cash balancing, Geographical cash analysis tools, Cash breakdown structure analysis tools, etc.

Explanation of Key Terms and Concepts

• Mathematical model: A simplified representation of a real-world system using mathematical equations.

• Assumptions: Simplifications made to make the model more manageable.

• Cash basis: Accounting method that records revenue and expenses when cash is received or paid out.

• Accrual basis: Accounting method that records revenue when earned and expenses when incurred.

• ETL: Extract, Transform, Load. A process used to collect data from various sources, transform it into a usable format, and load it into a data warehouse or data mart.

• BI: Business Intelligence. A set of processes and tools for collecting, storing, and analyzing large amounts of data to support decision-making.

• KPIs: Key Performance Indicators. Quantifiable measures used to evaluate the success of an organization or specific activity.

• Drill-down: The ability to explore data at increasingly granular levels.

• Work breakdown structure: A hierarchical decomposition of the total scope of work to be carried out by a project.