The Thoughtful Entrepreneur 454 – Strategically Managing your Cash Flow with Dryrun’s Blaine Bertsch
Nov 19, 2020
21:25
Mastering Cash Flow with Blaine Bertsch of Dryrun
Cash flow is the lifeblood of any business, whether you're a start-up navigating early challenges or an established company handling multi-location operations. Blaine Bertsch, co-founder and CEO of Dryrun, joined our podcast to discuss how their cash flow management tool empowers businesses to navigate financial complexities and focus on growth.What is Dryrun?
Dryrun is a flexible, intuitive cash flow management tool designed to handle real-world complexities, including multi-location and multi-currency operations. Unlike static reporting tools, Dryrun enables entrepreneurs, CFOs, and financial teams to bring clarity to messy situations like overdue payments and timing mismatches. Blaine explains how Dryrun simplifies operations, such as consolidating forecasts and performing live currency conversions, freeing up teams to focus on strategy rather than manual updates.Success Stories and Use Cases
Blaine shared real-world examples of businesses transforming their financial management with Dryrun. One client with four global locations and multi-currency operations used to spend hours manually updating forecasts. With Dryrun, the process was reduced to five minutes, allowing the team to focus on strategic planning. From agencies juggling project-based income to large enterprises facing overdue invoices, Dryrun offers solutions tailored to diverse business needs.Educational Resources and Support
Recognizing that effective cash flow management requires more than just tools, Dryrun provides extensive educational resources. Their webinars, blog posts, and custom consulting packages equip business owners with the knowledge to make informed decisions. Blaine's book, Pandemic Cash Flow, offers a foundational understanding of cash flow management—an invaluable resource for entrepreneurs at all stages.Get Started with Dryrun
Dryrun offers a 30-day free trial, an automated walkthrough, and the opportunity to book a demo with their team. For ongoing insights, their newsletter and video channel provide updates on new features and industry trends. Visit dryrun.com to learn more and start your journey toward mastering cash flow.Key Takeaway
Whether you're scaling operations or bracing for economic challenges, cash flow management is essential for sustainability. As Blaine aptly puts it, "Cash flow gives you time and options." Dryrun helps businesses proactively address financial hurdles, ensuring long-term success.Additional Resources:
- Importance of Cash Flow Management (Investopedia)
- Benefits of Financial Forecasting Tools (Forbes)
- How to Improve Cash Flow in Your Business (NerdWallet)
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