Elvervision is our analytics app that integrates with Xero to bring you a series of useful features to help you grow your business.
Elvervision : Cashflow forecasting is at the heart of Elvervision, which can be used to build an accurate a forecast, projecting up to 10 years to see the outcome of a decision, and including non financial data for true insight. A forecast includes these key financial statements:
Cash flow statement – the amount of cash entering and leaving your business. It allows business owners and managers to understand how the business operations are running, where money is coming from and how it is being spent.
Profit and loss – this summarises the revenues, costs and expenses incurred during a specific period of time. It shows your businesses ability to generate profit by increasing revenue, reducing costs or both.
Balance sheet – this summarises your assets, liabilities and shareholder’s equity at a specific point in time. It’s what the company owns and owes and the amount invested by stakeholders.