![]() Variance and Actual versus Forecast Analysisġ.Total Actual and Forecast Available Liquidity.Consolidated Actual and Forecast Cash Positions.But in our experience here in CashAnalytics, where we provide cash forecasting and liquidity planning solutions to multinational organizations worldwide, the following five metrics generally, though not exclusively, take center stage on the dashboards: Companies must first decide what KPIs most accurately reflect their financial performance, and are therefore eligible for the dashboard treatment. What’s more, they focus all attention on a single version of the truth that is easy to understand and digest.Īt a moment’s notice, dashboards can also be rolled into reports and circulated to the relevant stakeholders, who have the option to take a headline view or drill down to the most granular level of detail.Ī cash flow dashboard, however, is only worthwhile when serving an objective. It is in such heightened situations that the inherent value of a cash flow dashboard becomes all too clear.Ĭash and liquidity dashboards display real-time data, generated by cash reporting and forecasting processes and systems, that matter most to businesses and their audience. With senior management demanding daily updates on cash flow data and KPIs, piled on top of their already extensive cash reporting requirements, the onus was on head office treasury and finance teams to communicate that information with exceptional speed and clarity. Businesses had to react accordingly, and those who had immediate visibility over their current and projected cash and liquidity positions were better placed to do so. Perhaps the biggest lesson to be taken from the seismic events of the last five months, at least for corporate treasury and finance professionals, is that instant access to real-time data is not a luxury but a necessity.Īt its height, the economic fallout caused by the global outbreak of the coronavirus unfolded almost by the hour.
0 Comments
Leave a Reply. |