Cash is a vital condition for the well-being of any corporation. Not only should you be able to ensure that there is enough of it, you should also allocate it across the organization in the most effective way. The prerequisite for professionally managing cash is a forecast that gives you visibility into the present and future commitments affecting your liquidity.
As cash pooling becomes more and more popular, it emphasizes the importance of visibility into future cash flows on the subsidiaries' transaction account and their effect on the top line. On the other hand, cash lying on accounts outside of the pooling structure is inaccessible to consolidated liquidity management and should be minimized. Especially large companies may have considerable amounts of idle cash and minimizing it can be a great driver for increasing the visibility of cash balances across the organization.
Reliable cash flow forecasting requires continuous development of the forecasting process. One key ingredient is tracking the actual accuracy of the forecasts. Tracking lets you identify potential problem areas and focus on improving them. These problem areas can include the poor quality of forecasts from certain subsidiaries or the constant late payments from given groups of customers.
Manually forecasting using Excel spreadsheets is slow and exposed to human errors and decisions, not to mention that it makes real-time forecasting and accuracy tracking virtually impossible.
Multi-currency cash flow forecasts for day, week and month level. Flexible design of your corporation’s own forecast table structure. Manual and file-based data input. Forecast data shown in graphs and data tables.
Cash position automatically calculated from all bank balances throughout the organization. Flexible consolidation, for example, on pool and bank levels.
Existing bank balances and forecasted foreign currency flows consitute currency positions. Hedging proposals, based on corporate hedging policy, can be sent as hedge requests to treasury via a link to the Dealing module.
View consolidated liquidity and cash flow data across banks, countries, cash pools or corporate hierarchy such as divisions. Flexible filtering options and viewing of data in graphs and data tables.
Integrate Trezone with your essential data feeds. Supported formats include csv, MT940/MT942, CAMT, etc. Automatic bank statement import via Analyste Banking or using existing bank interfaces.
See how forecasts have developed for a unit, a country or the whole corporation over time. Compare forecasts to actual flows, analyse changes and identify the problem areas.