Aspects Concerning on Operative Cash-Flow Planning

Most managers after viewing the financial reports received from the accounting department ask one question “Where is the money?”. Mostly they ask this question because the trial balance shows profit while most firms in Romania struggle in money slumps. Usually this sort of problems can be overcome in two ways: using a quick short time loan or by postponing some of the debts. Both ways are costly: the first one in money and the second one in image. In the conditions of the current Romanian market most managers of the small and medium firms take the second choice. In order to reduce these risks we developed an application which mainly warns and in a certain degree predicts shortages in cash.