Project Flight (Company name retracted) was experiencing cash flow problems. Fluctuations in their revenue from month to month made cash flow erratic. In addition, while the company had to pay their contractors in 30 days, their large corporate customers typically didn’t pay for 90 days. That made their cash balance swing dramatically, creating the risk of bankruptcy at multiple points in the coming 18 months.
Brightflow.ai software helped Project Flight identify points of cash flow shortfalls. Then, we provided A/R financing to match cash inflows with cash outflows, greatly reducing risk and allowing the company to spend more on marketing and growth. In the end, the standard deviation of cash variance was reduced from 24k to 11k. But most importantly, Brightflow.ai gave the entrepreneur peace of mind and more time to focus on growing the business.