Analyste CashForecast

Cash is a vital condition for the wellbeing of any corporation. Not only should you be able to ensure that there is enough, you should also allocate cash across the organization in the most effective way. The prerequisite for professionally managing cash is a forecast that gives you visibility into the present and future commitments affecting your liquidity.

As cash pooling becomes more and more popular, it emphasizes the importance of visibility into future cash flows on the subsidiaries' transaction account and their effect on the top line. On the other hand, cash lying on accounts outside of the pooling structure is inaccessible to consolidated liquidity management and should be minimized. Especially large companies may have considerable amounts of idle cash and minimizing it can be a great driver for increasing the visibility of cash balances across the organization.

Reliable cash flow forecasting requires the continuous development of the forecasting process. One key ingredient is tracking the actual accuracy of the forecasts. Tracking lets you identify potential problem areas and focus on improving them. These problem areas can include the poor quality of forecasts from certain subsidiaries or the constant late payments from given groups of customers.

Manually forecasting using Excel spreadsheets is slow and exposed to human errors and decisions, not to mention that it makes real-time forecasting and accuracy tracking virtually impossible.

Choose Analyste CashForecast if:

• You want to get rid of Excel spreadsheets and manual work in cash forecasting
• Your cash forecasts are inaccurate and out-of date
• You don't have an online overview of how much and where you have liquidity
• You need to improve your group-wide currency exposure management and hedging
• You want fast results

General information :

CashForecast's main purpose is for tracking and reporting the income and expenditure of
organizations. In addition to forecast data, CashForecast can also be used to track actual data.
Cash planning can be performed on a daily, weekly or monthly basis. The dashboard view also
enables viewing more detailed near-term forecasts, as well as rough estimates covering a
longer time period.

Analyste Banking can retrieve exchange rates from banks in electronic format and updates the fresh rates to
CashForecast.