Short-Term Cash Flow Forecasting
Cash flow forecasting is a critical for better liquidity management and short-term investment and borrowing decisions. Corporate finance executives often rely on divisional forecasts, oftentimes presented in multiple spreadsheets, to arrive at a finalized forecast. Incorrect forecasts result in sub-optimal decisions, forcing companies to incur higher capital borrowing costs. The Emagia Cash Flow Forecasting Application provides accurate information on cash inflows expected from collections and customer payments, avoiding this problem.
Configurable Rolling Window Forecasting
Emagia Cash Flow Forecasting creates a flexible rolling window of short-term forecasts on cash inflows from receivables. Full top-down and bottom-up visibility of forecast data extends from a consolidated corporate view to detailed views at divisional, transactional, and user portfolio levels. Emagia’s flexible forecast modeling can incorporate future, real-time and historical trend data. Actual cash positions are compared to forecasted values, and finance executives can further refine forecast models to reflect a more accurate picture of actual business conditions.
Easy Goal Setting and Monitoring
Corporate controllers and shared service center managers can set goals at different levels such as business units or customer segments on a weekly or monthly basis. Emagia Cash Flow Forecasting allows easy monitoring of collections performance against the goals. Customer payment trends can be monitored daily using this solution, and this timely information can be used in managing customer payment behavior.