With cashflow continuing to cause major pain for many small businesses, Calxa has extended an offer, provided through MYOB, that gives Aussie small businesses affordable access to its cashflow forecasting tool to help ease the suffering.

Townsville-based Calxa Australia develops budgeting and cashflow forecasting software used by not-for-profit organisations and small businesses. Launched in October last year, Calxa Express is a leading cashflow forecasting tool for MYOB customers that is already used by more than 600 small to medium enterprises (SMEs) in Australia and New Zealand.

After a successful June promotion which offers MYOB customers a 10 per cent discount on the Calxa Express software, the offer has been extended to July 31.

Research from the latest MYOB Business Monitor reports that cashflow is a pressure point for 30 per cent of Australian business owners, especially established businesses that are more than 10 years old. Failing to effectively forecast cashflow can force businesses into poor decisions, incurring short-term pain and forsaking long-term gain. Symptoms of poor cashflow management include struggling to pay BAS debts, staff superannuation contributions or even make payroll and regular supplier bills.

Calxa CEO Mick Devine, who has worked as both an accountant and a business owner, said many businesses failed to recognise the importance of managing cashflow until they hit a crisis. “It’s vital to know in advance what’s happening with the cashflow of your business,” he said. “While some cashflow forecasting and tracking systems require specialist skills, Calxa Express makes it easy for any business owner to forecast their business cashflow and thus proactively prevent problems.”

MYOB CEO Tim Reed said, “Cashflow is vital for the success of any business, it’s their fuel gauge. From the MYOB Business Monitor we know that cashflow is one of the top three pain points for Aussie businesses. So we’re pleased to be working with Calxa, one of our valued developer partners, to help ease the cashflow burden.”

Mr. Devine said regular cashflow forecasting could deliver major business benefits as well as avoiding the pain caused by an empty bank account.

Sydney-based importing business The Herb Booth experienced first-hand the benefits of using Calxa Express to increase its business cashflow visibility and predict future cash needs.

Herb Booth CEO Chris Booth reported that he had recouped the cost of Calxa Express many times over with a single decision. “Just this week, I saved $5000 by reviewing my expenses and changing one of my suppliers,” he reported. “Without using Calxa’s cashflow forecast, I would not have been prompted to do that.”

Costing just $299, Calxa Express integrates with MYOB’s AccountRight suite to provide a wizard-driven interface that helps business owners produce animated cashflow forecast charts and reports.

Mr. Devine said Calxa Express was designed to put easy to understand information in the hands of business owners. “Our goal is to present information in a way that non-accountants can understand,” he said “Animating information and data has been a key factor in achieving that goal.”


About Calxa Australia

Calxa Australia delivers the leading budgeting and cashflow forecasting software for not-for-profit organisations and small businesses throughout Australia and New Zealand. The Calxa software integrates with accounting systems such as MYOB and QuickBooks, producing error-free reports quickly and easily. The company’s headquarters are in Townsville, Queensland.

For more information please contact:

Mick Devine, CEO Calxa Australia Pty Ltd Email: [email protected] Phone: 0433 77 88 05