Summary: Effective cash forecasting remains one of the biggest issues that corporate treasury teams are having to grapple with today. It’s a difficult task to say the least, and it doesn’t help that due to their low accuracy rates, forecasts are taken with a pinch of salt by treasury and finance professionals alike – So, what can be done to change this?
Accurate cash forecasting is a topic that many treasury and finance professionals just don’t want to discuss.
Why? You may ask – Well, even though a strong cash forecast is an asset for any treasury or finance department looking to manage daily cash or contribute at a more strategic level, obstacles appear more often than not that will stop them from achieving forecasting nirvana – But this doesn’t mean you have to accept defeat.
In this webinar, we look at why you should refocus on cash forecasting optimisation and how you can achieve the best results for your organisation. We review the different types of forecasts you can create, approaches you can take for data gathering and look at how technology can be utilised to improve forecasting with minimal effort.