Watch our exclusive webinar in association with ABTOT, in which Charles Purdy, Cash is the King Founder, discusses how and why travel cashflows are affected across booking seasons, as well as tips and strategies to safeguard your cash.
Charles Purdy
Webinar
Travel cashflow management is more critical than ever
In the travel industry, managing cashflow is rarely a smooth journey. Between taking deposits, settling supplier invoices on varying schedules and managing margins that can shift significantly between booking and travel, finance teams face a constant balancing act. To address these unique challenges, our CEO Charles Purdy recently joined forces with ABTOT to host a CPD-compliant webinar: “The All-New Cashflow Masterclass”.
If you missed the live session, it is well worth catching up on the recording. Charles draws on his extensive background in engineering and finance to provide a practical framework for building resilience into your travel business.
Key takeaways from the masterclass
The session was designed to give travel professionals actionable guidance they can apply immediately. Key topics covered include:
Practical contingency planning: How to build a robust framework for your season that accounts for shifting supplier timelines and customer payment behaviours.
The impact of currency moves: Insight into how fluctuating exchange rates can erode margins if not managed as part of a wider cashflow strategy.
Reducing manual admin: A look at how automation and secure file feeds can replace manual data entry, saving hours for finance teams and reducing the risk of human error.
SmartHedge PRO: An exclusive look at our proprietary treasury management system, designed to give travel businesses clearer reporting and better control over their international payments.
A roadmap to stronger cashflow
Whether you are looking to improve your forecasting confidence or simply want to reduce the administrative burden on your finance team, this masterclass provides a roadmap for more streamlined financial management.
