Cashflow dashboard free#

In many cases, cash operations are highly fragmented. When considering cash flow forecasting, it clear that the major challenge for most treasurers is assembling accurate data from multiple internal and external sources in a timely fashion. At SkySparc, our experience tells us there is potential to further optimise the data-gathering element of cash flow forecasting, through improved system integration, but also to accelerate access to the available liquidity options. Deloitte found that half of firms have no formal systems in place to consolidate cash flow forecasting, often using spreadsheets to gather and analyse the necessary data. It is interesting also to note the systems reportedly used by corporate treasurers for cash flow forecasting. It is little wonder that enhanced liquidity management and improving cash forecasting capabilities were the top two key priorities over the next 12 months, among respondents to the latest Deloitte Global Treasury Survey 1.

Cashflow dashboard free#

At the economic and geopolitical level, a global rise in interest rates – sometimes sharp, sometimes gradual – has marked the end of the era of free money, while spiralling inflation – driven primarily by price turmoil in the energy markets – is raising the spectre of recession.Īs a result, both costs and revenues are subject to wild swings, requiring corporate treasurers to deploy all their skills to ensure the firm can pay its way. At the company level, dividends, buy-backs and M&A may have been considered better use than leaving cash on balance sheet, gradually reducing the treasurer’s room for manoeuvre. This allowed treasurers to take a relatively relaxed view of short-term liquidity management.īut cash mountains have melted away under pressure from any number of forces, both micro and macro economic. Many firms had built up a formidable war chest over the past decade, with a steady growth environment underpinned by quantitative easing and minimal interest rates. The liquidity landscape has certainly changed shape in recent years. Automation is essential to understanding a firm’s liquidity position - by improving the speed and accuracy of data gathering – but it can also help corporate treasurers to find and secure the cash resources they need.

For all, timely and accurate cash flow forecasts are critical to being able to weigh up the situation and make the right call. For many, healthy cash surpluses and low interest rates have been replaced by heightened levels of market volatility and extreme uncertainty over short-term funding options. Always important to the corporate treasurer, the value of cash flow forecasting has been underlined repeatedly over the past 12 months.