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<!-- wp:reyrey-js/list-item {"content":"Cash flow is one of the most important pieces keeping your business afloat."} /-->

<!-- wp:reyrey-js/list-item {"content":"There are certain accounting office practices putting it at risk."} /-->
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<div class="wp-block-reyrey-js-column"><!-- wp:reyrey-js/paragraph {"content":"If numbers, data, and equations excite you, you might work in the accounting office. Day in and day out, you live in a world of positives and negatives through financial statements, reporting trends, and assets and liabilities, just to name a few."} /-->

<!-- wp:reyrey-js/paragraph {"content":"\u003cspan class=\u0022RR-Font-Weight Bold\u0022\u003eBut the \u003cem\u003emost critical\u003c/em\u003e positive and negative you encounter? Cash flow.\u003c/span\u003e"} /-->

<!-- wp:reyrey-js/paragraph {"content":"You know the power of cash flow; it can make or break business stability. If profitability were food, cash flow would be water. Although profits are important, cash flow is absolutely critical when inventory is scarce and demand is high."} /-->

<!-- wp:reyrey-js/paragraph {"content":"Now more than ever, cash flow is the lifeline of the dealership, making it your top priority to maintain its health. So what can \u003cspan class=\u0022RR-Font-Weight Bold\u0022\u003eyou\u003c/span\u003e do to have a positive impact on your dealership’s cash flow? Let’s break it down into an equation:"} /-->

<!-- wp:reyrey-js/paragraph {"content":"Negative cash flow is the sum of three major problems –\u003cem\u003e Inefficient processes, inconsistent flow of cash, and ineffective payment options.\u003c/em\u003e"} /-->

<!-- wp:reyrey-js/paragraph {"content":"Let’s look at what you need to add and subtract from your accounting office to ensure positive cash flow."} /-->

<!-- wp:reyrey-js/paragraph {"content":"\u003cspan class=\u0022RR-Font-Weight Bold\u0022\u003e\u003cu\u003eSubtract: Mailing AR Statements and AP Invoices\u003c/u\u003e\u003c/span\u003e"} /-->

<!-- wp:reyrey-js/paragraph {"content":"If we look at our negative cash flow equation, this hits all three. Spending hours of time printing documents and stuffing and mailing envelopes makes this process inefficient. Then, you’re left to wait for your cheques to clear or payments to be mailed back, leaving cash flow on an unpredictable timeline."} /-->

<!-- wp:reyrey-js/paragraph {"content":"Ultimately, this stems from having ineffective payment options for both your dealership and your customers. These antiquated processes are keeping your dealership from optimizing cash flow, but it doesn’t have to be that way."} /-->

<!-- wp:reyrey-js/paragraph {"content":"\u003cspan class=\u0022RR-Font-Weight Bold\u0022\u003e\u003cu\u003eAdd: Digitized and Streamlined Payment Options\u003c/u\u003e\u003c/span\u003e"} /-->

<!-- wp:reyrey-js/paragraph {"content":"Don’t let payment options, or lack thereof, hold your money hostage. Give customers and vendors \u003ca href=\u0022/en/solutions/check-out-and-payments/reypay\u0022 target=\u0022_blank\u0022 data-entity-reference=\u0022{\u0026quot;id\u0026quot;:\u0026quot;4569\u0026quot;,\u0026quot;title\u0026quot;:\u0026quot;[Clone] ReyPAY® - Refresh (ca-en:4569) [Product Page - Refresh]\u0026quot;,\u0026quot;type\u0026quot;:\u0026quot;product_page\u0026quot;,\u0026quot;entityType\u0026quot;:\u0026quot;node\u0026quot;,\u0026quot;lang\u0026quot;:\u0026quot;ca-en\u0026quot;,\u0026quot;url\u0026quot;:\u0026quot;/en/solutions/check-out-and-payments/reypay\u0026quot;}\u0022\u003edigital payment options\u003c/a\u003e on invoices to make the transaction quick, easy, and painless. When you email an invoice with a link to pay online, you remove the customer’s headache of mailing you a cheque, and you get your money faster."} /-->

<!-- wp:reyrey-js/paragraph {"content":"\u003cspan class=\u0022RR-Font-Weight Bold\u0022\u003e\u003cu\u003eLet’s “Sum”marize\u003c/u\u003e\u003c/span\u003e"} /-->

<!-- wp:reyrey-js/paragraph {"content":"In your dealership, cash (flow) is king, meaning your accounting office must do \u003cem\u003eeverything\u003c/em\u003e in its power to optimize it. To make sure your business is set up for financial success, you need to subtract bad processes like mailing statements and add processes like emailing invoices."} /-->

<!-- wp:reyrey-js/paragraph {"content":"So, if you can give your dealership the best possible chance for positive cash flow, why wouldn’t you?"} /--></div>
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