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Manage your expenses
Master your burn-rate

kopilot expenses

Plan the soon-to-vanish cash

Do you know how much cash you are going to burn soon?

  • IF NO
  • IF YES

If no, well, maybe there is a time to start to know your numbers.

You may have heard it on Shark Tank or Dragon’s Den that every successful business leaders have one unique trait: they know their numbers. Simply by knowing this number, you will pay attention to it. And why not save a 5% in cost.

This is a great way to improve your bottom line.

Plan your first expense

If yes, you are probably planning expenses by hand via a spreadsheet.

If you have spent more hours than you can afford into messing with excels calculations that always disappear or are hard to maintain, you are right, and you are not alone. Say no to night sweats.

  • Know your real cash burn rate rather than having a guesstimated idea of your expenses.
  • Plan your cash outflows.
  • Keep control between accounting encodings.
Get rid of your Excel worksheets
kopilot Grégoire Beauduin user

Grégoire Beauduin,
Com & Sens
Belgium, Eke

I seek to control better and plan our cash outflows to anticipate our cash needs.

kopilot Monitor

Monitor your cash burn rate

Cash is king.

kopilot allows you to have real visibility on your expenses in a timely manner.

Monitor your expenses in real-time. Chase away the excess and trim the fat.

  • A perfect way to come back to a leaner organization.

Get richer by paying your suppliers on time

You know it.

Your objective must always be to retain your cash as long as possible without harming your relationships with your suppliers.

Paying too late is dangerous. Plus, it has a cost.

In future transactions, the provider may require an immediate or pre-payment, which will require you to find the necessary money and will impose an opportunity cost on your business that you could have avoided.

The opportunity cost consists of renouncing an interest-free loan for the time of the delay granted for payment.

The supplier may discontinue the business relationship with your organization, forcing you to spend time, and money, to find a replacement that may be more expensive or of lower quality.

A company that frequently exceeds payment terms with a supplier exposes itself to a weak trade credit rating, which can damage your reputation and complicate relations with your other suppliers.

The seller may also insert an ownership clause in the contract of sale, allowing him to remain the owner of the goods sold until you actually pay for them.

To achieve this objective, you must have a tool to ensure the efficient management of your supplier debts.

Who pays his debts gets richer
kopilot Get richer by paying

Pricing

Try Kopilot for 14 days free, afterward pay only if you love it.

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