October 27, 2022
Crunch Time: A Rising Emphasis on Cash Forecasting Accuracy
Management is putting greater focus on cash forecasting accuracy. Some in treasury wonder whether the extra work is worth it. After a decade of cheap money, liquidity is once again at a premium. Because it costs more to borrow, and pays more to invest, treasuries are under pressure to improve cash forecasting accuracy. In this environment, “treasury has three important mandates: don’t run out of cash, don’t run out of cash and don’t run out of cash,” one member said. “From…