Cash flow planning is a projection of an organization's future financial position based on anticipated payments and receivables and gets data to feed into scenario planning and forecasting.
The global economy has been impacted by several events curtailing the ability to conduct business as usual. Some businesses will be seeing dramatic increases in the demand right now, for example, FMCG, e-commerce, which on face of things look rather positive.
But translating that demand into stock and having an adequate working capital can become overwhelming very quickly.
Conversely, businesses that may not see clear opportunities from the crisis will still find themselves struggling to maintain operational performance, which will have impact on their cash management.
Watch this Jedox video to learn how Jedox’s cash foresight model can help you identify weaknesses and allow management to proactively address them and extend budgeting and forecasting to a holistic approach.
