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The Value of Data-Driven Cash Flow Forecasting

Centage

To survive and thrive in the current corporate environment, you need to have more financial data than the competition. The goal is to gather the necessary information to forecast your cash flow quickly, correctly, and frequently. However, you can also create a cash flow forecast that covers weeks or months.

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Aussie SMBs Struggling With Cash Flow Forecasting, Survey Says

PYMNTS

A new report from Commonwealth Bank suggests small and medium-sized businesses (SMBs) in Australia are struggling to make use of the financial data at hand. Reports Monday (Sept. Small businesses, in particular, are usually time poor, and not all have the right tools to support effective business planning.”.

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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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The Key to Making Your Business Future-Proof in 2022

The Finance Weekly

Understanding your company's current financial health and assessing the strength of your cash position is crucial. Cash flow forecasting provides you that much-needed knowledge and is the most efficient approach to begin future-proofing your company for the coming year. Deep drill-down capabilities.

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Financial Planning for 2023 and Beyond: Steps to Nail Your Three Year Strategic Plan with Modern FP&A

Centage

Assess your risk tolerance using cash flow forecasts for each scenario. Moreover, your cash flow likely varies from year to year and even quarter to quarter, making it necessary for you to adjust strategies. Not every company has the same tolerance for risk.

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Mastering Cash Flow Management: Ensuring Liquidity for SMB Success

CFO Network

This may involve negotiating extended payment terms with vendors, securing additional financing, or implementing cost-saving measures to improve cash flow. Regularly updating cash flow forecasts based on actual performance and adjusting plans accordingly can help SMBs stay agile and resilient in changing market conditions.

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Traditional FIs Drive Modernization Through FinTech Pairings

PYMNTS

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. The company is focusing on users that may be underbanked, lacking traditional bank accounts.