Remove Cash Flow Forecasting Remove Data Analysis Remove Forecasting Remove Numbers
article thumbnail

Cash Flow Forecasting: The Key to Future-Proof Your Business for 2022

Centage

Understanding the financial health of your organization as it stands today and measuring the strength of your cash position is critical. Cash flow forecasting provides that much needed insight and is the most effective way to start future-proofing your business for the year ahead. Learn More.

article thumbnail

Forecasting on a House of Cards: Why You Need Synchronized Financial Statements for Cash Flow Forecasting

Centage

Dynamic market conditions may not be anything new but navigating the current business environment and its unprecedented unpredictability has shined a spotlight on just how critical cash flow forecasting is to an organization. Cash is often the difference between staying in business…or not.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. But times have changed – which is why financial forecasting is more important than your annual budget. More than half (57%) are producing P&L forecasts more often than monthly. Watch Demo.

article thumbnail

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. We examine the reasons below.

article thumbnail

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

Centage

Implementing rolling budgeting, rolling financial forecasting, and mid-year forecasts. Rolling budgets come with a number of advantages, including the ability to better predict outcomes and plan for where your company is headed. With a rolling 12-month forecast, previous months drop off as new ones are added. The answer?

article thumbnail

How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Excel does not have audit trail capabilities, so it is difficult to prevent fraud as numbers, and other financial data can easily be changed by any user.

article thumbnail

How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Forecasting. By using this program, business owners and CFOs may believe they are maximizing their resources to organize and assess their stored data. Spotting trends.