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The Value of Data-Driven Cash Flow Forecasting

Centage

While you might not be able to prevent the next economic downturn, there are steps your business can take to ensure you’re in the best possible position to handle what’s to come. To survive and thrive in the current corporate environment, you need to have more financial data than the competition.

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Transforming accounts payable operations through AI

Future CFO

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. AI can provide precise cash flow forecasts by analysing historical payment data and supplier behaviour.

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Why Cash Flow Is Vital for SMBs

Centage

Keep Your Doors Open During Downturns Along with giving you a competitive edge in negotiations, cash flow can help your business stay open during times of economic strife. When you have cash in the bank, you can rest assured knowing you don’t have to panic and close up shop during less profitable months.

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Making the Move: Cash Flow Forecasting Tips for Turbulent Times

Centage

With less cash to count on, knowing your cash flow position with cash flow forecasting has never been more important: how much is really in the bank, how much is available on short notice, what revenues are coming in when, and what resources are going out and when. Learn More.

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Plan for Today to Better Prepare for Tomorrow: Rolling Budgets & Rolling Forecasts

Centage

For most businesses, the current economic circumstances – and looking at what may lay ahead – haven’t just resulted in financial uncertainty, it’s also brought to light the inherent challenges with using conventional budgeting methodologies to track and anticipate future business performance.