article thumbnail

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. François Masquelier, Vice Chairman EACT.

article thumbnail

Five Key Trends to Watch in 2023

Bramasol

Global Inflation and Economic Uncertainty. The McKinsey Global Economics Intelligence report says "Global forecasting institutions, such as the International Monetary Fund, the World Bank, and the OECD, as well as central banks, are trimming growth estimates to align with high inflation and slowing economic activity.".

SAP 73
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

Bond Yields Surge in Europe as Old Jitters Return

CFO News Room

That was well above forecasts from economists who had expected a larger drag from the latest wave of Covid-19 cases. The bloc has a long history of divergent economic growth between the prosperous north, in countries such as Germany and the Netherlands, and the heavily indebted south, led by Italy, Greece and Spain.

article thumbnail

Why ‘Micro-Multinationals’ Should Worry About FX Risk

PYMNTS

Fluctuating foreign exchange rates are a relatively new phenomenon,” he told Webster. “It No one yet has found a good way to price exchange rates or to price currencies. If you want to look at overall global GDP or global trade or any other measure, foreign exchange is about 14 to 15 times larger,” he said.

article thumbnail

JPMorgan On Corporate Treasurers And Their ‘Digitization Journey’

PYMNTS

However, those data attributes are critical when it comes to automatically reconciling incoming and outgoing payments, and for supporting cash flow forecasting. Larger, more established firms may have specific pain points to address, such as foreign exchange (FX) mismatches across several accounts.

article thumbnail

Cash-Flow Forecasting remains KING

Simply Treasury

“If you have to forecast, forecast often” (Edgar R. Need for reliable forecasts. Nobody could deny the importance of having accurate and reliable Cash-Flow Forecasts (CFF). Managing cash is easier than forecasting cash. Managing cash is easier than forecasting cash. So, what are the keys to good forecasting?

article thumbnail

Surviving the pandemic aftermath: an FP&A perspective

Future CFO

Forecasting will also become more challenging because COVID-19 has introduced a lot of uncertainties. A lot of FP&A depends on this type of data for forecasting. Without data, it becomes difficult to forecast “because we don’t carry a crystal ball,” said Gunarso. But they will face immense challenges from the onset.