Struggling with your liquidity forecast?
Transform your forecasts from Bad to Best.
Too much manual effort and too little time for analysis, a statement (too) many treasurers can relate to. According to PwC and their 2017 Global Treasury Benchmark Survey, still 87% of treasurers use technology from the 1980s (i.e. spreadsheets) or have a disparate set of ERP systems, multiple bank websites and email. Consequentially, this leads to a lack of visibility and makes it very arduous to answer critical questions like “Is my company over borrowed, underinvested or overexposed?”.
An inability to answer this question not only constrains treasury’s ability to measure its success but could harm the future viability of the company. With automated and accurate forecasts & simulations within reach, this is a clearly avoidable risk.
- Identifying the operating risks by utilizing existing resources
- Quantifying the benefits to be gained by examining existing “flows” regarding cash, accounting, work, and information, whether across treasury, the business units or other financial parts of the company.
- Using a step-by step approach to set up an accurate & automated forecast