Forecasting fundamentals (TT JulAug09 p26-27)

Cash forecasting has taken centre stage in the current downturn, with organisations of all sizes and types needing to know how cash is flowing through their businesses. There can be no apologies for ensuring that finance professionals at all levels of experience be able to understand and communicate the straightforward principles and benefits of cash forecasting and management. Indeed, treasury professionals have a unique opportunity to engage with all aspects of their organisations’ activities, whether cashflows are inwards or outwards.