Cash is the lifeblood of any company. Understanding the dynamics of cash and inflows empowers strategic agility. This means being able to produce timely cash flow forecasts, effectively managing the key drivers of forecast accuracy, and being able to communicate the story behind the numbers. Predictability of future cash flows means better decision making within and beyond finance. However, cash flow forecasting is often difficult at best, especially when leveraging spreadsheets. The good news is that companies are now leveraging cost-effective technology that offers a solution for cash flow forecasting that leverages built-in financial intelligence.
