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A Sea Of Uncertainty

Global Finance

The decline of industrial manufacturing in both the US and Europe fuelled opposition to trade liberalization, resulting in rising duties and the decision by many companies to relocate production facilities back to their home or neighboring countries. This predictability helps with cash flow forecasting and overall financial planning.

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Cash Flow Forecasting That Sees The Forest From The Trees

PYMNTS

The same principal holds true when it comes to forecasting cash flow. In a new PYMNTS interview, Jessica Cheney, vice president, product management and strategic solutions at Bottomline Technologies , talked about the importance of improving that cash flow situation, and the role intelligent technologies can play.

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BofA Extends FX Rate Guarantees To A Year

Global Finance

The rise in e-commerce businesses, services, manufacturing and the gig economy has resulted in dramatic increases in both the volume and value of cross-border payments in recent years. Securing guaranteed FX rates of longer tenors can help them improve forecasting, which will lead to better informed decision-making.”

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CFO vs Controller – What’s the Difference?

CFO Simplified

Here’s a partial list of what a CFO does: Develops a cash flow forecast with suggestions for improving cash availability. Evaluation of manufacturing costs to identify opportunities for cost savings or abnormalities. Reviews financial statements and evaluates changes.

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Rootstock Teams With Nagarro To Enter Cloud ERP Market

PYMNTS

They have customer relationships with global leaders in manufacturing, distribution, and supply chain management, which is our target. "As a Salesforce consulting partner, they understand the benefits of having ERP and CRM on one platform," he said, according to the release.

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The Essentials of Treasury Management in Modern Businesses

CFO Talks

Think of it like this: Even if your business is making a profit, if the cash isn’t flowing in and out smoothly, you could run into trouble. For example, imagine you’re running a manufacturing company. You’ve got big orders, but if clients take too long to pay, you might not have enough cash to buy materials, causing delays.

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Case Study: What’s Holding Your Business Back?

Michigan CFO

And more importantly, its about the financial roadblocks many manufacturers dont even realize theyre living withuntil theyre removed. Like many small manufacturers, TK Mold relied on a bookkeeper and a year-end tax accountantbut lacked the forward planning, oversight, and strategic input that a CFO brings. Its about results.