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What is a 13 Week Cash Flow Forecast?

CFO Share

A 13 week cash flow forecast is a short term forecast used during liquidity shortfalls to plan a company’s cash flows and avoid financial distress such as missing payroll, defaulting on debt, and ending up in bankruptcy or receivership. When to use a 13 week cash flow forecast.

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Moody’s Teams Up On Small Business Cash Flow Forecasting

PYMNTS

Moody’s Corporation is partnering with the Foundation for Small Business Development (FFSBD) to connect small businesses with cash flow forecasting solutions and other financial resources.

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Sage Enhances Real-Time Cash Management With Trovata.io API

PYMNTS

Financial management platform Sage Intacct is integrating data from cash management tool Trovata.io to provide real-time visibility into cash positions for corporate users. Joint customers will be able to generate reports and enhance cash management process automation using Trovata.io

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EACT SURVEY 2021

Simply Treasury

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts.

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Effective ways finance can navigate digital transformation post-pandemic

Future CFO

As vaccines become available, organisations expect an economic rebound while continuing their digital transformation journeys such as those in the finance function. How’d the finance function’s journey be different after the pandemic? FutureCFO: What’d be the challenges facing the finance function and the CFO post-pandemic?

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The Benefits of Automating Forecasting Processes  

Centage

With financial planning and forecasting software, you can react more appropriately to market changes before you lose the chance. Better Cash Management The accuracy associated with financial forecasting automation leads to better cash flow management.

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Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

PYMNTS

Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year. Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets.