# Cashbucket > Financial modelling made easy. --- ## Pages - [Terms of Use](https://getcashbucket.com/terms-of-use/): Cashbucket terms of use 1. APPLICATION OF TERMS These Terms apply to your use of the Service (as that term... - [Cashbucket Platform](https://getcashbucket.com/platform/): Platform Essentials Ideal for smaller businesses looking to improve their business performance and cash management. 1 company 1 editor Unlimited... - [Cash Flow Assist](https://getcashbucket.com/cash-flow-assist/): Cash Flow Assist Perfect for businesses wanting to build a reusable financial model and track their future cash balance easily.... - [Total Business Finance](https://getcashbucket.com/total-business-finance/): Total Business Finance For those that want someone to “just take care of our finances” Everything in PERFORMANCE Plus and... - [Professional Services](https://getcashbucket.com/professional-services/): Professional Services Keeping your cash flow and utilisation at consistent levels is a full time job when you have start/stop... - [Financial Services](https://getcashbucket.com/financial-services/): Financial Services Template your products, pull through complex formulas and say goodbye to the pain of managing everything in spreadsheets.... - [CFO as a Service](https://getcashbucket.com/cfo-as-a-service/): CFO as a Service Expertise from professionals who have been in your shoes. See the impact of decisions on your... - [About Us](https://getcashbucket.com/about-us/): About us Cashbucket was created by experienced business and finance professionals who understand that business owners need clear financial insights—without... - [Meet our People](https://getcashbucket.com/meet-our-people/): Meet our People We’re a team of experienced business, finance and technology professionals. We know how much your business requires... - [Product](https://getcashbucket.com/product/): Product Essentials Ideal for smaller businesses looking to improve their business performance and cash management. 1 company 1 editor Unlimited... - [Support](https://getcashbucket.com/support/): Support Have questions, need assistance, or run into a problem? Visit the Knowledge base to see tutorials for common tasks,... - [Terms and Conditions](https://getcashbucket.com/terms-and-conditions/): Please read these terms and conditions carefully before using Our Service. Interpretation and Definitions Interpretation The words of which the... - [Privacy Policy](https://getcashbucket.com/privacy-policy/): This Privacy Policy describes Our policies and procedures on the collection, use, and disclosure of Your information when You use... - [Contact](https://getcashbucket.com/contact-us/): Contact Us Questions about features, pricing, or how cashbucket can help your company? We would love to hear from you.... - [Home](https://getcashbucket.com/): Financial clarity, better decision-making Get real-time visibility into your business’s financial health and cash forecast. Solutions for professional services businesses.... --- ## Posts - [A healthy person wants a thousand things. An unhealthy person only wants one.](https://getcashbucket.com/health/): Financial tools like balance sheets and P&L statements aren't always good for business decision-making. Balancing manual oversight with automation is... - [How Cashbucket Empowers Debtfix to Get More Customers Out of Debt](https://getcashbucket.com/how-cashbucket-empowers-debtfix-to-get-more-customers-out-of-debt/): Managing debt solutions is complex. Juggling cash flow, forecasting payments, and ensuring transparency can quickly overwhelm any business. For the... - [How Rugby Bricks Transformed Their Financial Management with Cashbucket](https://getcashbucket.com/how-rugby-bricks-transformed-their-financial-management-with-cashbucket/): Rugby Bricks, a company known for rugby kicking tees and podcasts, wanted greater control and clarity on their day-to-day cash... - [CFO Approved: How Debbie Uses Cashbucket for Financial Planning](https://getcashbucket.com/cfo-approved-how-debbie-uses-cashbucket-for-financial-planning/): We recently had another great chat with Debbie Haddon , an experienced CFO at @Connectworks, who has been deep-diving into... - [From Chaos to Clarity: How RGB Homes Revolutionized Cash Flow Management with Cashbucket](https://getcashbucket.com/from-chaos-to-clarity-how-rgb-homes-revolutionized-cash-flow-management-with-cashbucket/): At Cashbucket, we empower businesses to take control of their finances. Today, we’re excited to share the success story of... - [Mastering Financial Management in Construction: A Layperson's Guide](https://getcashbucket.com/mastering-financial-management-in-construction/): Financial management is the cornerstone of success for any business, and the construction industry is no exception. In this article,... - [I'm not an accountant, help me understand this stuff.](https://getcashbucket.com/im-not-an-accountant-help-me-understand-this-stuff/): Financial tools like balance sheets and P&L statements aren't always good for business decision-making. Balancing manual oversight with automation is... - [9 ways businesses can alleviate short term cash constraints](https://getcashbucket.com/9-ways-businesses-can-alleviate-short-term-cash-constraints/): Short-term cash constraints can harm a business's ability to meet financial obligations. To improve financial resiliency, businesses should implement cash... - [How a previous business almost ran out of cash (and what we did to fix it).](https://getcashbucket.com/how-a-previous-business-almost-ran-out-of-cash-and-what-we-did-to-fix-it/): A business owner shares the lessons they learned from mismanaging finances and almost going bankrupt. Key takeaways include keeping financial... - [How to ensure your business doesn’t run out of cash](https://getcashbucket.com/how-to-ensure-your-business-doesnt-run-out-of-cash/): Managing cash flow is critical for business survival, especially in a post-COVID world with tougher trading conditions. Visibility and regular... --- # # Detailed Content ## Pages - Published: 2025-05-05 - Modified: 2025-05-05 - URL: https://getcashbucket.com/terms-of-use/ Cashbucket terms of use 1. APPLICATION OF TERMS These Terms apply to your use of the Service (as that term is defined below). By accessing and using the Service: you agree to these Terms; and where your access and use is on behalf of another person (e. g. a company), you confirm that you are authorised to, and do in fact, agree to these Terms on that person’s behalf and that, by agreeing to these Terms on that person’s behalf, that person is bound by these Terms. If you do not agree to these Terms, you are not authorised to access and use the Service, and you must immediately stop doing so. 2. CHANGES Subject to clause 2. 3: we may change these Terms at any time by notifying you of the change by email or by posting a notice on the Website; and unless stated otherwise, any change takes effect from the date set out in the notice. You are responsible for ensuring you are familiar with the latest Terms. If a change to these Terms is detrimental to you, you may terminate these Terms and your right to access and use the Service on no less than 10 days’ notice, provided the notice is received by us before the date that the change takes effect. If you give notice under this clause 2. 3, the previous version of the Terms will apply to your access to and use of the Service during the notice period. If you do... --- - Published: 2025-05-02 - Modified: 2025-05-30 - URL: https://getcashbucket.com/platform/ Platform Essentials Ideal for smaller businesses looking to improve their business performance and cash management. 1 company 1 editor Unlimited share access Unlimited revenue, expenses and buckets 12 month forecast Simple decisions Model backups Business dashboard Monthly cash balance reporting Xero and Quickbooks integration Online Guides & Tutorials Contact Us Plus Perfect for mid sized service businesses. Gain access to advanced capabilities allowing you to stay on top of your cash position and identity differences in forecasts quickly and easily. Everything in Essentials and 2 editors Budget variance reporting End of month actual to forecast comparison Bulk revenue and expense editor Custom formula management 24 month forecast Complex decisions Model versioning Manual forecast management Email based support Contact Us Enterprise For those needing to see your cash position across your organization's various business entities. Consolidate information and manage across businesses, currencies and scale as you need to. Everything in Plus and Multi-entity management Group level view and summary of all entities. Multi-currency support Additional editors Additional model versions 36 month forecast Daily, weekly and monthly backups Synchronise with excel Priority phone support Contact Us Struggling to manage your business’s financial health? Discover how our managed services enhance the Cashbucket platform. Learn about our solutions --- - Published: 2025-05-02 - Modified: 2025-06-06 - URL: https://getcashbucket.com/cash-flow-assist/ Cash Flow Assist Perfect for businesses wanting to build a reusable financial model and track their future cash balance easily. Make sure you’re on track and can see the impact of changes in real time. NAVIGATE WITH CONFIDENCE WITH RIGHT Expertise AND GUIDANCE Financial model construction Assisted setup Forecasting Ongoing expert guidance Decision making / scenario testing Budgeting Model future performance Monthly performance health check Complex formula management Contact us --- - Published: 2025-05-02 - Modified: 2025-06-06 - URL: https://getcashbucket.com/total-business-finance/ Total Business Finance For those that want someone to "just take care of our finances" Everything in PERFORMANCE Plus and Accounting Bookkeeping Tax Cash flow modelling Cashbucket management Budgeting and forecasting Accounts payable and receivable management Payroll management Bank reconciliations Invoicing contact us --- - Published: 2025-05-02 - Modified: 2025-05-02 - URL: https://getcashbucket.com/professional-services/ Professional Services Keeping your cash flow and utilisation at consistent levels is a full time job when you have start/stop contracts and timing complexities. If you operate in any of the following areas, we can help Business Consulting Legal Services Healthcare and Life Sciences Engineering and Architecture Technology and IT Services Human Resources - Workforce Management, Recruitment and Staffing Marketing, Advertising, and Media - including digital marketing, advertising and public relations. Environment and Sustainability Education and Training Services Contact us --- - Published: 2025-05-02 - Modified: 2025-05-02 - URL: https://getcashbucket.com/financial-services/ Financial Services Template your products, pull through complex formulas and say goodbye to the pain of managing everything in spreadsheets. If you operate in any of the following areas, we can help Accounting and Tax Services Debt Management Providers Management Consulting Investment and Financial Advisory Insurance Services Securities Brokerage and Trading Wealth Management and Financial Planning Corporate Finance Advisory Mortgage and Real Estate Services Pension Funds and Retirement Services Contact us --- - Published: 2025-05-01 - Modified: 2025-05-08 - URL: https://getcashbucket.com/cfo-as-a-service/ CFO as a Service Expertise from professionals who have been in your shoes. See the impact of decisions on your cash position in real time. Forecasting and planning Budgeting Monthly / quarterly check-ins Monthly reporting that helps identify problems Daily movement tracking Forecast to actual and budget comparisons. Get a reusable financial model for your business Multi-entity, group reporting, multi-currency, complex formula management Full managed service including accounting, bookkeeping and payroll Governance, business strategy, one on one founder coaching Contact us --- - Published: 2025-02-19 - Modified: 2025-02-19 - URL: https://getcashbucket.com/about-us/ About us Cashbucket was created by experienced business and finance professionals who understand that business owners need clear financial insights—without the burden of deciphering complex accounting reports. Our journey started with our own business. As it grew, so did the complexity of managing finances. We faced issues like manual spreadsheets that only one person understood, hours lost to reconciliation, and the constant challenge of aligning cash flow with forecasts. Finance became less about bookkeeping and more about planning for real-world decisions. We needed a system that could simplify our cash flow and help us all stay on the same page, adapt quickly, and respond proactively. That need inspired the first version of Cashbucket—a tool that provided a clear 12-month cash flow plan. It transformed our operations, allowing us to track and adjust cash flow with ease and confidence. Since then, we’ve worked with over a hundred companies facing similar cash flow challenges. We realized that Cashbucket could help them, too. So, we built it into a SaaS platform to empower businesses to make better financial decisions, focus on growth, and reduce cash flow risks. Meet our people The challenges that sparked cashbucket's creation Too many moving parts made spreadsheets impractical. Communicating business changes to finance was time consuming. Unraveling bank balance and forecast discrepancies took time. Only the person who built the spreadsheet understood it. An error in one place could be catastrophic. We assigned reconciliation to someone without full context. Monthly totals in a spreadsheet aren’t useful when things... --- - Published: 2025-02-19 - Modified: 2025-04-21 - URL: https://getcashbucket.com/meet-our-people/ Meet our People We’re a team of experienced business, finance and technology professionals. We know how much your business requires financial information but that you are not an accountant and did not get into business to wade through accounting reports. Kevin Whitmore CEO and Co-Founder Michael Newcombe Business Advisor and Co-Founder Kris Honeycutt Business Advisor and Co-Founder Rob Whitmore Business Advisor and Co-Founder Albin Ma Senior Developer Sasha Lockley Advisor Adrian Guttridge Advisor Ben Gracewood Advisor --- - Published: 2025-02-19 - Modified: 2025-02-22 - URL: https://getcashbucket.com/product/ Product Essentials Ideal for smaller businesses looking to improve their business performance and cash management. 1 company 1 editor Unlimited share access Unlimited revenue, expenses and buckets 12 month forecast Simple decisions Model backups Business dashboard Monthly cash balance reporting Xero and Quickbooks integration Online Guides & Tutorials Contact Us Plus Perfect for mid sized service businesses. Gain access to advanced capabilities allowing you to stay on top of your cash position and identity differences in forecasts quickly and easily. Everything in Essentials and 2 editors Budget variance reporting End of month actual to forecast comparison Bulk revenue and expense editor Custom formula management 24 month forecast Complex decisions Model versioning Manual forecast management Email based support Contact Us Enterprise For those needing to see your cash position across your organization's various business entities. Consolidate information and manage across businesses, currencies and scale as you need to. Everything in Plus and Multi-entity management Group level view and summary of all entities. Multi-currency support Additional editors Additional model versions 36 month forecast Daily, weekly and monthly backups Synchronise with excel Priority phone support Contact Us Struggling to manage your business’s financial health? Discover how our managed services enhance the Cashbucket platform. Learn about our services --- - Published: 2023-03-27 - Modified: 2025-02-19 - URL: https://getcashbucket.com/support/ Support Have questions, need assistance, or run into a problem? Visit the Knowledge base to see tutorials for common tasks, the WhatsApp community to submit questions, or create a support request if you can't find the answer. Manage my Subscription Knowledgebase & Video Tutorials No knowledgebase Found View all Knowledgebase articles Visit the Community Scan the QR code using the WhatsApp camera or click the button below to join the community. Request to join community Create Support Request First Name(Required)Last Name(Required)Email(Required) Please use the email address you login with for cashbucket. PhoneCompany NameThe company name associated with your account. Description(Required) --- - Published: 2023-02-15 - Modified: 2024-02-09 - URL: https://getcashbucket.com/terms-and-conditions/ Please read these terms and conditions carefully before using Our Service. Interpretation and DefinitionsInterpretationThe words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in the plural. DefinitionsFor the purposes of these Terms and Conditions:Affiliate means an entity that controls, is controlled by, or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest, or other securities entitled to vote for the election of directors or other managing authority. Account means a unique account created for You to access our Service or parts of our Service. Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to getcashbucket. com website. Content refers to content such as text, images, or other information that can be posted, uploaded, linked to or otherwise made available by You, regardless of the form of that content. Country refers to: New ZealandDevice means any device that can access the Service such as a computer, a cellphone, or a digital tablet. Feedback means feedback, innovations or suggestions sent by You regarding the attributes, performance or features of our Service. Products refer to the products or items offered for sale on the Service. Orders mean a request by You to purchase Products from Us. Promotions refer to contests, sweepstakes or other promotions offered through the Service. Service refers to the Website and... --- - Published: 2023-02-15 - Modified: 2023-02-16 - URL: https://getcashbucket.com/privacy-policy/ This Privacy Policy describes Our policies and procedures on the collection, use, and disclosure of Your information when You use the Service and tells You about Your privacy rights and how the law protects You. We use Your Personal data to provide and improve the Service. By using the Service, You agree to the collection and use of information in accordance with this Privacy Policy. Interpretation and Definitions Interpretation The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or plural. Definitions For the purposes of this Privacy Policy: Account means a unique account created for You to access our Service or parts of our Service. Business, for the purpose of the CCPA (California Consumer Privacy Act), refers to the Company as the legal entity that collects Consumers' personal information and determines the purposes and means of the processing of Consumers' personal information, or on behalf of which such information is collected and that alone, or jointly with others, determines the purposes and means of the processing of consumers' personal information, that does business in the State of California. Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to getcashbucket. com website and beta. getcashbucket. com web application. For the purpose of the GDPR, the Company is the Data Controller. Consumer, for the purpose of the CCPA (California Consumer Privacy Act), means a... --- - Published: 2022-11-15 - Modified: 2025-05-04 - URL: https://getcashbucket.com/contact-us/ Contact Us Questions about features, pricing, or how cashbucket can help your company? We would love to hear from you. Prefer to schedule a call? Australia 02 8073 4422 hello@getcashbucket. com New Zealand 0800 463 404 hello@getcashbucket. com Global +64 22 063 8949 hello@getcashbucket. com First Name(Required)Last Name(Required)Email(Required) PhoneMessagePhoneThis field is for validation purposes and should be left unchanged. --- - Published: 2022-11-09 - Modified: 2025-05-26 - URL: https://getcashbucket.com/ Financial clarity, better decision-making Get real-time visibility into your business’s financial health and cash forecast. Solutions for professional services businesses. Get in touch Data for illustrative purposes Features Min/Max Balance Create financial models easily Reduce the cost and complexity of managing your finances No more broken formulas and ever increasing complexity. Ensure your financial model data is robust and can be queried again and again. Finances scale along with you and your business. Reduce the time it takes to build and manage financial models. Alleviate short term cash constraints Move cash transactions around easily Pull forward or delay crucial payments. Improve timing and ensure healthy levels of cash and protect important payments such as staff payroll. Minimum Balance Before and After Decision SEE THE FUTURE Make better decisions Easily draw up, and then adopt decisions and scenarios into your model e. g. hiring someone on a salary of $100K in 2 months or time a capital raise. Identify areas of the business that can be turned off easily when cash flows become tight. Work alongside excel Integrate into existing financial models For bespoke analysis, link your cashbucket data directly into a new or existing excel model. GAIN CASH FLOW CLARITY Instantly create detailed forecasts Simple, operating model for ensuring your finances match your business activity. No more accounting jargon or formats that don’t make sense. Develop a financial model that adheres to best practice without having to build it all from scratch. Financial control Receive timely feedback Improve the timeframe... --- --- ## Posts - Published: 2025-06-09 - Modified: 2025-06-09 - URL: https://getcashbucket.com/health/ - Categories: Guides & How-Tos Financial tools like balance sheets and P&L statements aren't always good for business decision-making. Balancing manual oversight with automation is key, and while each company is unique, there are common themes. Every one of the founders we’ve met that has a solid process in place to manage their finances faced some form of adversity in the past. It’s like we all need to go through the challenge of running out of cash to understand why it’s so important. Like seeing how bad your teeth can get to appreciate brushing, flossing and seeing the dentist regularly. And then you’re two invoices away from not making payroll and you wonder what happened. Sometimes it’s completely out of your hands but more often (and speaking for myself! ) it’s due to complacency. Putting a plan in place and having money ear-marked for things can make all the difference. And this is where the art form comes in. Bringing together finance and the business to create a cash based plan that you can all get on top of. Like you would a company strategy. Something everyone can see and align with and see when things are going off course. Cashbucket exists to help operations and finance leads with service revenue model real-world cash scenarios and make confident decisions—even with uncertainty in front of them. And we’re here to help as many businesses as we can get through the tricky bits and accelerate into better times. Then to focus on building a cash buffer so you never need to experience this again. Because it sucks and it’s not why you got into business. We’re helping businesses make the move from reactive to proactive, especially if your... --- - Published: 2025-04-08 - Modified: 2025-04-10 - URL: https://getcashbucket.com/how-cashbucket-empowers-debtfix-to-get-more-customers-out-of-debt/ - Categories: Success Story Managing debt solutions is complex. Juggling cash flow, forecasting payments, and ensuring transparency can quickly overwhelm any business. For the Debtfix Foundation, New Zealand’s hardship and debt solution company, some of these challenges were hindering their mission to help more customers regain financial stability. That’s when Debtfix turned to Cashbucket. A Mission to Restore Financial StabilityDebtfix, is dedicated to providing accessible, personalised hardship and debt solutions. With a focus on remote support and clear communication, Debtfix has become a trusted partner for individuals and businesses looking to navigate complex debt issues. However, behind the scenes, traditional financial tools were slowing them down—until Cashbucket came into the picture. The Challenge: Complexity and Time-Consuming OperationsDebtfix needed a robust system that could:Simplify cash management and accurately track actuals for forecasting and budgeting. Provide real-time insights into cash flow. Enhance client transparency and improve communication. Automate repetitive financial tasks to save time and reduce errors. Manual spreadsheets and inflexible tools were no longer enough. Debtfix required a solution that could handle complex calculations and dynamic financial forecasting without adding extra overhead. The Solution: Cashbucket’s Automation and Financial ToolsCashbucket emerged as the perfect partner by addressing these challenges head-on: "Being able to see our forecast in graph form as well as number form is great. We love to be able to easily put in different scenarios to help us strategise and plan for the future. " Christine Liggins, CEO, Debtfix. Automated Financial Formulas:Instead of manually calculating averages or relying on error-prone methods, Cashbucket automatically applies... --- - Published: 2024-06-15 - Modified: 2024-06-15 - URL: https://getcashbucket.com/how-rugby-bricks-transformed-their-financial-management-with-cashbucket/ - Categories: Success Story Rugby Bricks, a company known for rugby kicking tees and podcasts, wanted greater control and clarity on their day-to-day cash flow. Despite their impressive growth, supplier payment delays were recurring, sometimes exceeding 90 days. They needed a solution for better financial visibility and control. Discovering Cashbucket Rugby Bricks found Cashbucket through a Caffeine article and was intrigued by its promise of granular financial insights. Unlike Float, which provided high-level information, Cashbucket offered detailed visibility into their cash flow, crucial for managing their growth and payment timings. Implementing Cashbucket With Cashbucket, Rugby Bricks gained the ability to plan projects and make multi-pronged financial decisions effectively. The platform addressed their need for accurate financial projections, helping them avoid future payment delays. Overcoming Challenges Rugby Bricks encountered a few initial issues with decision metrics and a forecast bug. Our team promptly resolved these, ensuring a smooth experience. Cashbucket's detailed insights and dynamic financial picture were extremely useful for Rugby Bricks. The Results Since adopting Cashbucket, Rugby Bricks has improved its financial management. It now has the visibility needed to avoid supplier payment delays and effectively plan for future growth. Conclusion Cashbucket has been a game-changer for Rugby Bricks, providing the tools and support needed for better cash flow management. If your business faces similar challenges, try Cashbucket and experience the transformation. Key Takeaways Fast Growing Company Improved Cash Flow Visibility Avoided 90+ Day Payment Delays Enhanced Project Planning Gained Strategic Financial Insights --- - Published: 2024-06-15 - Modified: 2025-03-31 - URL: https://getcashbucket.com/cfo-approved-how-debbie-uses-cashbucket-for-financial-planning/ - Categories: Success Story We recently had another great chat with Debbie Haddon , an experienced CFO at @Connectworks, who has been deep-diving into Cashbucket. Her story highlights how Cashbucket is aiding her team's financial management. From Forecasts to ActualsDebbie has seamlessly created FY25 forecasts in Cashbucket and pulled in actuals from Xero. Now, her CEO requests these reports, underscoring their value. The feedback? "Keep sending me these 90-day rolling cashflow forecast reports. "Strategic Planning with ScenariosDebbie has mocked up several scenarios using our decisions screen, finding great value in this feature. Seeing her love this section and leverage it for critical strategic decisions is fantastic. A Hard-to-Impress ProfessionalDebbie expects the highest quality, especially regarding data integrity. Her enthusiasm for Cashbucket is a testament to the product's reliability and usefulness. Room for ImprovementDebbie is thrilled with Cashbucket, but she's also helping us improve. She pointed out the need for:Enhanced delta processes and information around actuals to forecasts. The ability to load monthly budgets at the bucket level for detailed daily revenue and expense line tracking. We're already working on these improvements and are committed to making Cashbucket even more powerful for users like Debbie Haddon, saving people their most precious resources: time and money! Going the Extra MileAt Cashbucket, customer feedback is our compass. We're thrilled to see Debbie's success and are excited about the future enhancements. Thank you, Debbie, for your invaluable insights and trust! Keep sending me these 90-day rolling cashflow forecast reports --- - Published: 2024-06-14 - Modified: 2024-06-15 - URL: https://getcashbucket.com/from-chaos-to-clarity-how-rgb-homes-revolutionized-cash-flow-management-with-cashbucket/ - Categories: Success Story At Cashbucket, we empower businesses to take control of their finances. Today, we’re excited to share the success story of RGB Homes Limited, the franchisee of G. J. Gardner Homes in Franklin, and their journey to financial clarity with Cashbucket. Transforming Cash Flow Visibility Juggling cash flow across numerous building projects was a nightmare for RGB Homes. Their financial management was complicated with unpredictable payment schedules and rising costs. They needed a reliable solution, and that’s where Cashbucket came in. The Power of Scenario Planning Enter Cashbucket, a platform that empowers RGB Homes to quickly create plans for cash inflows and outflows based on intricate scenarios. Customizable templates for each build, with unique payment percentages and timings, streamline the cash flow planning process. Simplicity at Scale The franchise owner, Grant Robinson, was immediately impressed by Cashbucket’s ability to generate simple, easy-to-follow plans based on expected payment amounts and dates. As businesses experience a surge in material costs, accurate and timely cash flow management has become paramount, and Cashbucket rises to the challenge. Scalability and Precision With Cashbucket, RGB Homes could scale their operations seamlessly, accommodating as many houses as required while clearly understanding payment schedules and expenses. This powerful tool automates the process, consolidating information and eliminating the need for error-prone manual spreadsheet management. Foresight and Agility Cashbucket’s predictive capabilities allowed RGB Homes to forecast cash flow for years in advance, updating projections swiftly as changes occurred. This extended their planning horizons beyond the typical three-month window, enabling them to... --- - Published: 2023-11-29 - Modified: 2025-04-27 - URL: https://getcashbucket.com/mastering-financial-management-in-construction/ - Categories: Guides & How-Tos Financial management is the cornerstone of success for any business, and the construction industry is no exception. In this article, we'll explore straightforward strategies for cash flow management, financial control, and expense management tailored for those new to the construction financial landscape. Financial management is the cornerstone of success for any business, and the construction industry is no exception. In this article, we'll explore straightforward strategies for cash flow management, financial control, and expense management tailored for those new to the construction financial landscape. Let's delve into practical steps to avoid financial pitfalls and enhance profitability in construction ventures. Cash Flow ManagementCash flow management ensures money moves smoothly in and out of a construction business. Here's how to navigate this crucial aspect:Forecast Wisely: Predicting cash flow over the next year helps anticipate issues before they arise. Stay Organized: Maintain accurate financial records, such as balance sheets and cash flow statements, to stay on top of your finances. Secure Your Payments: Filing mechanics liens safeguards your payment, even if clients default. Smart Financing: Consider financing fixed asset purchases and materials to ease cash flow pressure. Invoice Promptly: Timely invoicing ensures steady cash inflow, supporting ongoing operations. Visibility Matters: Filing preliminary notices increases your visibility within a project, potentially attracting more opportunities. Flexible Payments: Offer customers payment options or early payment discounts to manage cash flow effectively. Avoid Billing Errors: Precision in billing avoids cash flow disruptions caused by over or under-billing. Quick Change Orders: Rapidly processing change orders maintains project momentum and consistency in cash flow. Accurate Estimates: Detailed and precise project estimates aid in realistic financial planning. Financial ControlMaintaining financial control is pivotal for stability and growth. Here's how to achieve it:Monitor Performance: Regularly review financial performance to catch issues early. Set... --- - Published: 2023-02-22 - Modified: 2025-04-27 - URL: https://getcashbucket.com/im-not-an-accountant-help-me-understand-this-stuff/ - Categories: Guides & How-Tos Financial tools like balance sheets and P&L statements aren't always good for business decision-making. Balancing manual oversight with automation is key, and while each company is unique, there are common themes. We often hear of the challenge facing people who aren’t financially literate and may struggle to read a balance sheet, P&L, or cash flow statement. The challenge with all of these tools, apart from their technical nature, is that they weren’t really designed to interoperate with business and wrap decisions around. They’re financial tools that aid the accounting process and help investors understand a business’s position and overall health, but they aren’t always good operating tools or well-suited to a general business audience. Running a business requires an amount of manual oversight and an amount of automation. Skewing too far manual or automated creates quality issues. The solution is a combination of art and science. Often founders opt for a spreadsheet and financial model to run their business as they assume all companies are unique. But companies can be a bit like people. We are different, but there are themes and commonalities that occur. Consistencies across businessesHere are some of the things that are common across businessesYou have some form of revenue stream, whether it be product sales, services, or subscription revenue. The nature of the business is B2B or B2C. You have expenses. You have staff, either contracted or employed. Everything changes. Your revenue fluctuates, your expenses increase, and what you pay your staff increases over time. The above is often the core of a business. Whether you deviate down a path from there and sell digital subscriptions or have a 500-person agricultural business with inventory and seasonal considerations,... --- - Published: 2023-02-20 - Modified: 2025-04-27 - URL: https://getcashbucket.com/9-ways-businesses-can-alleviate-short-term-cash-constraints/ - Categories: Guides & How-Tos Short-term cash constraints can harm a business's ability to meet financial obligations. To improve financial resiliency, businesses should implement cash management processes, prioritize outgoing payments, secure access to credit, and diversify revenue streams. Proper planning and management can prevent financial difficulties and maintain smooth operations. Often running short of cash isn’t a consideration until it happens. But if you ask someone who’s experienced the anxiety that comes with running low on cash within a dynamic and constantly changing business, it tends to be something that happens once before you decide not to let it happen again. There are certain, simple measures you can put in place which are: Identify essential vs non essential expenses Make sure you know the timing of incoming and outgoing payments. Prioritise important outgoing payments Secure access to a short-term credit facility Shore up incoming payments Implement a robust cash management process / financial control Guard against unexpected expenses, delayed customer payments, unexpected revenue downturn by putting a cash buffer in place and protect it Don’t count unsigned contracts Diversify your revenue Short term cash constraints can limit a company’s ability to make necessary investments, pay bills, and meet other financial obligations. It can damage the trust in a business from within and without and can sometimes lead to a business’s downfall. Fortunately, there are several strategies that businesses can use to alleviate these issues and improve their financial resiliency. Identify essential vs non essential expenses There will be products and services that make sense to consume when in growth mode but can be shut off when cash is tight. Know what these are so that you can flip them off to lean up when cash is tight. Having a grasp on what these are over time will allow you to... --- - Published: 2023-02-20 - Modified: 2025-04-27 - URL: https://getcashbucket.com/how-a-previous-business-almost-ran-out-of-cash-and-what-we-did-to-fix-it/ - Categories: Guides & How-Tos A business owner shares the lessons they learned from mismanaging finances and almost going bankrupt. Key takeaways include keeping financial models simple, agreeing on key metrics, and not relying on unconfirmed business. They emphasize the importance of regularly monitoring cash flow and having a plan to avoid low cash episodes. In 2014 we were doing everything and nothing right. Fist bumps and high fives as our bank balance ticked over $1m in cash. Growth and more growth. We’d come from nothing to more than $3m in revenue across a combination of product and service offerings. One office became two. Two small offices became one bigger office. Shifting, moving, hiring. The spreadsheet we’d used since day one was on version 12. What we didn’t see, until it was too late, was that we’d carpeted ourselves into a corner. Our cash reserves were based on promised deliverables for a large project and our hiring had grown disproportionately. Two months into the project we noticed that the financial model we had made that showed a steady growth rate over 12 months wasn’t lining up to where we really were. It required an unravelling of the monthly numbers to understand in detail where things were derailing. And those two months were costly. Four months into the project we let go of 10 staff, a mixture of employees and contractors, in order to return to positive cash flow. I vowed I would never again mismanage the business and finances and set about creating a process to ensure we didn’t. Some of the roles you might own at some point as a Founder or CEO In a way, the $1m in cash and our steady growth up until that point distorted where we were as a business. Our financial model and meetings as a management team... --- - Published: 2022-12-07 - Modified: 2025-04-27 - URL: https://getcashbucket.com/how-to-ensure-your-business-doesnt-run-out-of-cash/ - Categories: Guides & How-Tos Managing cash flow is critical for business survival, especially in a post-COVID world with tougher trading conditions. Visibility and regular financial control discussions can help, while a simple model can provide real-time data to adapt to changing trading conditions. Running out of cash can be a sign that your product or service isn't needed. It can also occur when a founder or CEO needs more time or has competing priorities that make keeping an eye on cash in hand challenging to grasp the business's finances. Both are disheartening scenarios, but going broke due to a technicality or lack of clarity can be cruel . In 2019, more than 129,000 businesses across five countries declared bankruptcy . In a post-COVID world, and with stimulus drying up, trading conditions are becoming tougher. With the rise in inflation and interest rates globally, tighter cash management and diligence around pricing and cost control are essential. Maybe your business sounds like this. You work with businesses who buy your products and services and pay you quite well for them. Each invoice you raise is critical to your success. It impacts your business if it comes in late or slips through the cracks. When it all goes well, it hums, but it can get stressful if it doesn't. You've got many moving parts with salaries and costs increasing, staff and contractors leaving and joining, and some of your contracts stopping and starting. There's no longer one "cash burn run rate" for the business as it moves and changes daily. Perhaps like others, you manage things in a spreadsheet which was great when you were smaller, but now the monthly spreadsheet summary isn't helping as your business complexity has grown. You feel like you have a... --- ---