Four Pillars of Best-in-Class Cash Flow Forecasts

Presented by

Tracey Ferguson Knight, Director-Solution Engineering, HighRadius | Juan Saudino, VP of Professional Services, HighRadius

About this talk

Key Takeaways: 1. Approach - Why a company should consider both an indirect FP&A forecast and a direct bottom-up forecast 2. Data - How data could be used to create an objective A/R and A/P 3. Modeling - How to ensure you are utilizing the right models for each category 4. Variance - Why having variance analysis over multiple time horizons can increase your credibility with your CFO While there is no "silver bullet" available to solve every company's cash forecasting roadblocks, having the right processes in place is a good start. AI is bringing a new focus to cash forecasting with brand new solutions for age-old processes. What and how you measure something will vary depending on your business, industry, and goals. It starts with a detailed self-assessment of your existing cash forecasting processes. This is essential to isolate gaps in your performance and identify opportunities for improvement. A better forecast can directly reveal potential liquidity constraints ahead so that the treasury department can proactively take mitigating actions. The Cash Forecasting Maturity Model can help decision-makers perform an in-depth evaluation of their current cash forecasting processes and identify clear next steps to become best-in-class. Join Tracey Ferguson Knight, a 25+ years treasury practitioner and consultant, and Juan Saudino, VP of Professional Services at HighRadius as they take you through the Cash Forecasting Maturity Model and builds robust process areas regardless of your organization’s size and complexity.

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