Posts Tagged ‘Cash Forecasting’

Four steps to achieving an integrated treasury organization

A recent Aberdeen 2014 Excellence in Financial Management Report confirms that the top two pressures facing organizations today are increased financial risk and an inability to accurately forecast cash flows. With 41% citing increased financial risk and 35% reporting that an inability to accurately forecast cash flows keeps them up at night, it is a…

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Cash Optimization: Practical Steps to Get a Handle on Your Cash

Cash is the lifeline of your business. Managed well, your company grows and remains stable, but managed poorly, the impact could be devastating.  Proper cash forecasting and optimization enables you to maximize operational efficiency and mitigate risk. If you haven’t been giving your cash the attention it deserves, you are probably endangering your short- and…

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Globalization: Should you centralize your treasury organization?

Is your company’s global strategy causing you to rethink how your treasury is organized? What can you do to handle immediate impacts and prepare for future challenges? With the effects of globalization impacting treasury, many treasurers are looking to balance current needs while preparing for global growth. One of the important decisions that you may…

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Four Areas Where Technology Can Set Your People Free

We often hear about strategic treasury, but with many treasury professionals still consumed with mundane tasks, it’s time to consider how technology can free your team’s analytical skills to deliver intelligence senior management can act upon for strategic initiatives. Below, I’ve listed just a few areas where embracing treasury technology can help you leverage the…

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Forecasting the Future: Why Treasury Needs to Work Smarter Than Ever

Have you ever worked a job where your official goals and your bonus metrics didn’t align? If your bonus incented you to behave in a manner that was opposed to the goals set for your department, you probably followed your wallet. I find that companies often have the same problem with their cash forecasts: the…

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Cash Forecasting…..Why Should You Bother?

For corporate treasurers, cash forecasting continues to be a hot topic.  According to recent and numerous, global surveys, cash forecasting (along with financial risk management) ranks either number one or number two in improvement focus for Treasurers in 2012.  So why?  Given the tumultuousness of worldwide markets, having an accurate and confident cash flow forecast…

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