Cash forecasting and visibility

Keeping treasury ahead of the curve

Automate to focus on analyzing the data

In a modern Treasury, cash forecasting should be easy, automated, and accurate. In the end, it is all about understanding better the future of your group’s most precious asset: cash. Failing to predict the future cash position and liquidity requirements can put your entire business to jeopardy. On the other hand, excelling at forecasting will bring your organization several operational and strategic benefits. Modern cash forecasting is a powerful tool for any corporate Treasurer or Cash Manager aiming to make the most out of the group’s liquidity. After all, predictable cash is so much more enjoyable to manage.

Challenge

Treasurers need to provide reliable visibility of the company's past, current, and future cash positions

Many corporate Treasurers are in the dark when it​ comes to their organizations’ current​ liquidity position and especially their​ future cash requirements. ​
It is not at all rare that Treasury and Finance​ professionals make decisions and act on forecasts that are simply poor and incomplete. For example, in a​ McKinsey survey, half of the Treasurers surveyed admitted that their cash forecasting was less than 80 percent accurate.​

The inaccuracy of forecasts can be caused by:

  • Poor cash visibility due to struggles to consolidate balance data
  • Reliance on spreadsheets
  • Lack of subsidiary involvement
  • Insufficient reporting and analytics capabilities.
Solution

Automation is key

The best way to achieve a well-oiled cash forecasting process is with automation.  The groundwork starts with the process.​

Take the following steps to achieve cash visibility and forecasting excellence:

  • Build a solid foundation with cash visibility
  • Focus on forecasting what actually matters to your business
  • Connect all the needed sources for effortless and automated data collection
  • Analyze and visualize with easy-to-access reports
  • Work on continuously improving the forecast.

 

 

These companies trust us

Kumene 250 x 250 transparent Automated forecasting

The Lumene Group has witnessed a growing global demand for their cosmetics products. In the expanding business, automated liquidity management and forecasting play an important role.

Moelven 250 x 250 transparent Liquidity Management

Moelven wanted to reduce extra liquidity in its six cash pools and improve liquidity control and cash flow forecasting. They succeeded with Liquidity Management.

 

Solutions

Liquidity

Liquidity for cash visibility and forecasting.

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Reconciliation

Streamline and automate transaction processing

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Payments

Secure payments, anytime and anywhere.

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