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North Shore Accountants Release World-first iPhone App

Tuesday 6 October 2009, 11:22AM

By RES Group and 10x North Shore

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RES Group launches new iPhone App, Cashflow Pro, literally putting cashflow growth in the hands of local business owners for the first time ever.
RES Group launches new iPhone App, Cashflow Pro, literally putting cashflow growth in the hands of local business owners for the first time ever. Credit: 10X Ltd

NORTH SHORE CITY

North Shore Accountants Release World-first iPhone App
RES Group launches new iPhone App, Cashflow Pro, literally putting cashflow growth in the hands of local business owners for the first time ever.
 

Auckland – 10X North Shore and RES Group today announced the release of CashFlow Pro, a one-of-a-kind iPhone application designed to provide North Shore business owners with a quick, convenient and accurate analysis of their business’s most important financial indicator – their net variable cash flow. The 10X-exclusive application also offers over 170 practical strategies to help SMEs strengthen their financial position for long-term growth.
 

Firm partner and 10X Business Development specialist, Butch Mawdsley says that CashFlow Pro is the first cashflow management tool created specifically for the iPhone and will serve a as a strategic tool in the war against business failure. According to Butch, “Cashflow is the number one problem facing my clients and business owners across the country right now, with some 60% of small business owners citing serious concerns about cashflow. Cashflow Pro will give once-struggling business owners the ability to maintain their cashflow position anytime, anywhere with just a few clicks on their iPhone.”
 

Butch is confident that the 10X CashFlow Pro iPhone application will prove to be an indispensable monitoring tool for on-the-go business owners, allowing them to instantly assess the state of their cash with just a few input figures from a profit and loss statement and balance sheet. The application also calculates a business’ Gross Profit, Required Working Capital and Marginal Cash Flow. Included in its cashflow improvement strategies are proven methods to reduce the cost of goods, reduce expenses, improve pricing, reduce debtors’ amounts, slow payments to creditors and reduce stock holding.
 

Butch believes that the easy-to-use interface and portability of Cashflow Pro will prove a winning strategy with time-poor business owners. As he says, “I’ve seen too many profitable companies go under because they run out of cash and were never aware that they were operating with a negative cash flow. The 10X Cashflow iPhone App is designed to prevent that happening by giving business owners a cashflow management tool that they can easily use and, more importantly, actually want to use.”
 

Features of 10X CashFlow Pro:
• Easy to understand, flow chart style visuals.
• 20 ways to reduce the cost of your goods.
• 80 ways to reduce your expenses.
• 31 ways to improve your pricing.
• 21 ways to reduce debtors’ amounts.
• 5 ways to slow payments to creditors.
• 22 ways to reduce stock holding.
• Use app again and again as your business grows to keep on top of your cash flow.

10X CashFlow Pro is the latest addition to the 10X range of Business Development products, designed to help small-to-medium business owners dramatically improve and grow their business. It is compatible with the iPhone and iPod touch. To download the application, open the iTunes Store and click on the App Store.

Then simply enter ‘CashFlow Pro’ in the top right ‘Search iTunes Store’ box or simply access the application via this quick link: http://tinyurl.com/mjsyne
 

To download the 10X Cashflow Pro iPhone App for media reviews, please contact the 10X IT Developer, Scott Gassmann, to arrange your free promotional code for download via: scott.gassmann@10x.com.au

*60% statistic taken from the BREW ANZ Private Research Study, in which 60.6% of companies with a turnover of less than $40M/year cited serious concerns about cashflow