The Cashflow module is used to outline the necessary financing conditions of a construction project to allow rapid optimisation, with easy access and control.
Specifications
• Financing models
• Integration with Budgeting and Planning
• Payment deadlines
• Inflation rates
• Payment plans
• Loans and Advances
• Retention of client and subcontractor guarantees
• Interest on loans and time deposits
• Net Present Value (NPV) calculation
• Financing models in various currencies
• Analytical reports and data export
Payments
Invoice payment deadlines for suppliers and subcontractors can be defined, together with the expected escalation of costs and values. Interest rates, retentions for guarantees, advances and other market factors can be defined in the calculation of the project financing.
Revenues
Payments may be made by the customer for monthly assessments, be made in predetermined instalments, or may be limited to a maximum monthly amount.
Net Present Value
The Net Present Value (NPV) of Cashflow is derived from the weekly Cashflow calculation. This can be viewed from both the client's and contractor's perspective. In addition, weekly Cashflows results and bank balance forecasts are prepared, together with monthly invoiced and cost figures.
Foreign currencies and exchange rates
As with the Estimating module, the Cashflow application can work with up to 16 foreign currencies and can accept data from Estimating in various currencies. The exchange rates between each currency and the base currency used for budgeting can fluctuate over time, giving the user the ability to see the effects of currency fluctuation on one or several projects.
Integration with Estimating and Planning
The Cashflow programme accepts data coming directly from the Candy Estimating module, from an Estimate-linked Planning schedule, by manual input, or by any combination of these three methods. It generates a financial model that shows in detail when outflow payments for labour, equipment, material, etc. should occur and the corresponding inflows from payments from the client.
By testing different Cashflow models with different parameters and comparing the NPV results, the best strategy for the tender can be determined in order to maximise the return on investment.