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The Best Way to Generate a Return on Cash in 2023

16-02-2023 | treasuryXL | CashAnalytics | LinkedIn |

Aside from boosting free cash flow and increasing cash on hand, good cash management will have a direct impact on your bottom line. With the recent increases in interest rates, the opportunity cost of bad cash management is now much higher and can be measured directly in income and profit.

Banks and other lenders were, as expected, quick to pass on the interest rate increases to their clients. Any company with floating rate debt has already felt the impact. J.P. Morgan guided last week that it was under pressure to increase the prices it pays for deposits as reported record net interest income of $20.3bn in the fourth quarter of 2022, up 48% on the same period last year.

While putting spare cash on deposit and earning interest can help to offset the cost of debt, due to the difference in lending and deposit rates, the best way to earn a return on excess cash in 2023 is to repay debt and reduce interest costs. This is a return that can be directly attributed to your use of excess cash.

Who can generate the highest return?

To generate the highest return and benefit from this type of strategy some form of revolving or easily repayable debt facility will be required. Companies using these types of facilities can pay them down when excess cash is available and draw down when liquidity is needed.

Companies with fixed term debt may not benefit from this type of strategy immediately, however it’s worth considering layering different types of facilities into the mix upon refinance or maturity of current debt facilities. For example, carving out a portion of a fixed facility as a revolving cash facility or an overdraft would afford the flexibility to use excess cash to reduce interest costs.

Debt minimisation as a strategy

The process of using cash to keep debt levels minimised, on an ongoing basis, needs to be wrapped in a clear strategy. This can’t be a sporadic or one-off activity as the business will never gain the full benefit of “investing” cash in debt minimisation and it may in fact introduce unnecessary cash and liquidity risk.

A strategy should be put in place with the clear objective of using cash flow to boost profitability by reducing interest costs while ensuring the liquidity needs of the business are safeguarded.

Steps to putting this strategy into action

As with any strategy, it needs to be tailored to the specific needs of the business however the following steps should be taken by any company looking to put it in place.

1. Gain executive buy-in and support

As the Treasurer, controller, or cash manager, implementing and managing a strategy like this will require time and effort. It will likely become a priority within your role and team. Therefore, it’s something that will require the sponsorship of executives, all the way up to the CFO and CEO, and the buy-in of other key stakeholders in the process. This will ensure it gets both the support and investment it needs to succeed.

2. Robust cash flow forecast

A robust cash flow forecast that provides clear visibility over future cash flows, needs and requirements across your business is an essential part of any debt minimisation strategy. With the visibility provided by a reliable forecast you will be able to make the necessary drawdown and repayment decisions with confidence.

The specifics of the forecast and the level of detail required will depend on the business, however, a forecast extending to at least 13 weeks will be needed to effectively manage this new process. A 13-week forecast is the right duration to manage short term cash and debt management decisions while providing the mid-term visibility needed to understand what’s quickly coming down the tracks.

If you don’t have a cash forecast in place, check out our guides on both setting one up and building the business case to make improvements.

3. Daily cash monitoring

In this new environment, where every dollar of spare cash is put to good use, it’s important to monitor cash flowing across bank accounts and available cash balances daily.

This doesn’t have to be a detailed analysis or a bank reconciliation, however, understanding what’s happening with cash flow day-to-day in the business, notably how much cash is on hand at any stage, is critical to planning short to medium term liquidity.

4. Regular reviews and reforecasts

This isn’t a set and forget strategy. Regular reviews of forecasts and regular reforecasts will allow you to understand how expectations are playing. This allows you to take account of new information which impacts assumptions and ultimately your view of your future cash needs.

A key part of the reforecasting is variance analysis which will allow you to understand the accuracy of previous forecasts and make the necessary adjustments to futures ones.

Reviews should also include the stakeholders in the process. Where people within the business, such as controllers in subsidiaries, feed into to the forecast, they should be engaged on a regular basis to both review and discuss their cash flow plans.

A driver of significant long-term value

It might be tempting to sit on a cash pile, earning little or no direct return, to safeguard against future surprises but businesses who ensure that their cash flow is always working have been proven to drive significant long-term value for their shareholders and owners.

The incremental value of always using cash efficiently, in this case to reduce debt and interest costs, not only drives enhanced returns but also builds muscle discipline within the business that which helps it better manage the inevitable future shocks and unforeseen events.

5 Reasons to Automate your Cash Forecasting in 2023

01-02-2023 | treasuryXL | CashAnalytics | LinkedIn |

If you and your team are grinding the gears on a monster cash flow model and are considering moving to an automated solution, here are five reasons to make the switch in early 2023.

By Conor Deegan

1. Better manage the uncertain economic climate

Perhaps the biggest benefit of cash forecasting automation is that it will allow you to better predict and manage future surprises. The triple whammy of slower growth, high inflation and rising interest rates has led to considerable uncertainty that will last for the majority of 2023 and beyond. Layer in the inevitable unknowns and you have an environment where a firm handle on cash flow is critically important.

Automation will give you the cash flow data you need to manage the road ahead in a streamlined and reliable manner.

2. Manage an increased focus on cash

As a result of the changing economic environment and the expected impact on the cash flow of many businesses, you and your team will likely receive a lot more requests for cash flow reporting and insights into cash flow, including forecasts, from your senior stakeholders as they too focus more on cash flow.

Automated cash forecasting and reporting will allow you to respond faster and more efficiently to these new demands while reducing the admin burden on your team significantly.

3. Repay expensive debt faster

Banks have quickly passed on the recent interest rate increases by the US Federal Reserve and other central banks around the world to their corporate customers in the form of higher loan interest rates. As deposit rates have yet to see the same increase, there is a need for any company with revolving or short-term debt to use excess cash flow to keep debt levels at a minimum. If they don’t, they will suffer the pincer movement of higher borrowing costs and the reduced value of cash holdings which will have a major impact on the profitability of the business.

Optimising cash and debt levels, with the goal of reducing interest costs while ensuring the business has enough liquidity to function day-to-day, requires a tight handle on cash and robust visibility over current and future cash flow. Without a high level of cash forecasting and reporting automation, you won’t have access to reliable detailed cash flow visibility you need to make these debt repayment decisions with confidence.

4. Keep your team happy

The reality is no one wants to spend most of their time manually slogging away with spreadsheets daily. Cash flow spreadsheets can be some of the largest and most complex managed by any finance team due to the number of inputs and volume of data required to create meaningful cash flow forecasts.

While economic conditions have deteriorated, the labour market also remains very tight. Retention of staff remains a top priority for CFOs who understand the upfront cost and ongoing investment needed to make new hires productive and keep them happy. Investing in automation is a great way to show your team that you are committed to both innovation and helping them to do their job, the best way they can.

5. Focus on strategic priorities

In line with the above point, automation of manual cash reporting and forecasting will allow you to focus on more strategic objectives such as supporting the growth of your business and planning longer term capital requirements.

It’s impossible to properly focus on strategic issues when you’re weighed down by the grind of manual work. If you or your team spend 80% of time on manual spreadsheet-based cash flow reporting and forecasting tasks and only 20% on analysis and strategic planning, you can flip this on its head with an automated forecasting solution to instead spend most of your time on higher value tasks.

Summary of Automation Benefits

In summary, cash forecasting automation will allow you to:

  1. Produce cash flow forecasts, reporting and analytics much faster
  2. Produce more accurate forecasts that improve over time
  3. Carry out detailed drill down and analysis
  4. Reduce manual error, improving overall forecast quality
  5. Save time to focus on forward looking planning

The net result of automation is that you will produce a higher quality forecast, in a fraction of the time which will give you clearer and more reliable visibility over future cash flow.

Ready to make the change?

Here in CashAnalytics we specialise in helping companies transition from manual, time consuming spread sheet-based cash reporting and forecasting processes to a highly automated system-based approach. We are experts in cash forecasting and cash management and write extensively on the subject. The follow resources may help you as you consider next steps.

How to convince your CFO to invest in better cash forecasting and visibility?

07-12-2022 | treasuryXL | CashAnalytics | LinkedIn |

If you are responsible for cash flow forecasting and cash reporting in your company and interested in replacing your manual spreadsheet model with an automated software solution such as CashAnalytics, you’ll first need to build a business case to bring to your CFO.



Despite building a solid business case, it’s likely you’ll have to answer further questions and manage objections. This is normal and should be expected but luckily most of these objections fall into several easy to address categories and we’ve dealt with them all before.

The most common objections and how to deal with them are outlined here.

Again, we’ve seen all these objections before. If you want to chat through them or discuss how CashAnalytics can help you replace your cash flow spreadsheet monster, feel free to reach out.

Data-driven Cash Forecasting Guide

06-12-2022 | treasuryXL | CashAnalytics | LinkedIn |

A data-driven approach will transform the way you forecast and manage cash flow. “All You Need to Know About Data-Driven Cash Forecasting to Get Started” takes a deep dive into what data-driven cash forecasts are, what data sources they pull from, which forecasting techniques there are to choose from, and more.

Data Driven Cash Forecasting

Use this guide to start…

Gaining data-backed cash flow insights

Get the most relevant and recent cash forecasts that your business depends on.

Making the most of your organization’s data

Use your company’s data to its fullest potential to get the cash flow answers you need.

Cutting back on manual forecasting processes

Stop spending hours on spreadsheets and leverage cash forecasting automation tools for fast and accurate forecasting.

 

 

DOWNLOAD THE GUIDE

Building the business case for better cash flow forecasting

05-12-2022 | treasuryXL | CashAnalytics | LinkedIn |

Do you struggle with a 20+ tab cash management spreadsheet while also struggling to convince anyone that it needs to be replaced?

Building the business case for better cash flow forecasting

This is common. Cash flow forecasting and cash flow reporting typically grows in spreadsheets as a business grows. Tabs are added as the business expands and new reporting requirements emerge. It’s usually the bane of one or two people’s lives but the true problem with managing cash in a spreadsheet runs far deeper than that.

The challenge faced by people managing the cash flow spreadsheet is convincing others that a change is needed. The economic events of the last few months have presented a good platform to now drive this change.

The cost of bad cash management is increasing on a daily basis and the risks of heading into a tough economic climate without a robust and reliable handle on cash flow have never been higher.

For those looking to remove themselves from under the spreadsheet monster while saving their company money and protecting it in an uncertain climate, we’ve put together a comprehensive guide to help you build a solid business case to make an investment better cash forecasting and visibility.

Building the business case for better cash flow forecasting

The guide covers the following areas:

  1. Defining why cash flow visibility and forecasting is important to the business
  2. Outlining the pain and problems with current process
  3. Highlighting the risks and costs of the current process
  4. Aligning with strategic goals and initiatives
  5. Proposing chosen solution
  6. Calculating the return on investment
GET THE GUIDE

13-Week Cash Flow Forecast Setup Guide

04-10-2022 | treasuryXL | CashAnalytics | LinkedIn |

13 weeks is the most popular cash forecasting time horizon because it strikes a solid balance between accuracy and range. A good 13-week forecast is accurate enough to strengthen decision-making while offering enough range to support medium-term planning.

13 week cash flow guide

Increase visibility into your working capital with a 13-week cash flow forecast.

Short-term reports don’t give you the big picture — and long-term reports don’t give you the timely insights you need. To efficiently manage your cash flow, you need analytic reports that are fast to compile and easy to read 13-week cash flow reports help you manage your short-term and mid-term cash management, providing you with the timely information you need to make decisions about your business.

 

13-week cash flows:

  • Are required by banks for loans
  • Are often requested by private equity firms
  • Facilitate short- and mid-term cash management
  • Provide data not covered by other reporting processes
  • Hit a sweet spot between accuracy and range

Use our 13-week cash flow guide to start building your forecasting best practices.

Download the 13-week Cash Flow Guide

What is a Cash Conversion Cycle?

24-08-2022 | treasuryXL | CashAnalytics | LinkedIn |

Did you know that on treasuryXL you can find information on all relevant treasury topics? One of the concepts you can find information on is the Cash Conversion Cycle.  A business’s cash conversion cycle (CCC) is a measurement of how much time it takes to turn a cash investment in the business into a cash return in the form of sales. CashAnalytics can tell you all about how to calculate your CCC, what makes a good/bad CCC and how to shorten your CCC.

Original source

Find out:

  • How to Calculate Your Cash Conversion Cycle

  • What Is a Good Cash Conversion Cycle?

  • How to Shorten Your Cash Conversion Cycle (Sustainably)

  • Sustainable CCC Improvements Require Reliable Real-Time Data

Read what Cash Conversion Cycle is all about

 

Every CFO Needs to Track These 8 Cash Flow KPIs. Here’s why.

03-08-2022 | treasuryXL | CashAnalytics | LinkedIn |

Companies shut their doors for a wide range of reasons — but often, finances force leaders to close their business. Aisling McGrath, Senior Marketing Manager at CashAnalytics, explains to us 8 key performance indicators a CFO needs to use in order to analyze cash flow and minimize financial risks.

Original source

According to CB Insights, 38% of businesses fail because they ran out of cash and were unable to raise new capital. Another article by Formulate shows that previously successful companies fail due to financial factors like lack of funding, mounting debts, huge pension deficits, and more.

With stakes that high, it’s important that you keep track of your company’s cash inflow and outflow. Cash flow KPIs — when evaluated regularly — are a CFO or financial controller’s most powerful measure of underlying market valuation and profitability.

To analyze your cash flow and minimize financial risks, use these eight key performance indicators.

1. Operating Cash Flow

What Is Operating Cash Flow?

Operating cash flow (OCF) is the cash your business generates from its day-to-day operations, excluding investing and financing activity. This financial KPI shows you the number of times your company is able to pay up debt in any given timeframe.

Also known as cash from operating activities (CFO) or net cash from operating activities, operating cash flow is typically the first section shown in a cash flow statement.

How to Calculate Operating Cash Flow

Operating Income + Depreciation – Taxes + Change in Working Capital = Operating Cash Flow

Pros

Cash from operating activities is a key indicator of your company’s ability to generate cash. By monitoring this financial metric, you’ll identify income and expense sources — then double down on generating and maintaining the cash you need for a smooth business operation.

Operating cash flow is also a measure of financial success because it shows whether your core business operations are booming, and it directly influences liquidity.

Cons

Operating cash flow focuses only on basic business activities like providing services or manufacturing and selling products. The metric doesn’t account for investment revenue, expenses, or long-term capital expenditures, so it gives an incomplete picture of the cash status.

Another downside to this cash flow KPI is that it does not assess your company’s true liquidity position. Operating cash flow does not provide long-term liquidity visibility. You can only tell your firm’s cash balance per day.

2. Free Cash Flow

What Is Free Cash Flow?

Free cash flow (FCF) is the money your company has left after deducting operating expenses, capital expenditure, and major investments. The last one or two sections of cash flow statements often cover FCF and its different variations.

How to Calculate Free Cash Flow

Operating Cash Flow – Capital Expenditures = Free Cash Flow

Pros

Free cash flow gives a clear picture — to your finance team, business owners, investors, and creditors — of cash that you can mobilise at any given time. You’ll know if your company is able to:

  • Pay monthly dues (debt interest and investor dividends).
  • Carry out expansion activities like buying or setting up a new plant, introducing a new product line, hiring more staff, and more.
  • Go after short-term investments like money market accounts, treasury bills, certificates of deposits, and others.
  • Collect fresh loans or lines of credit.
  • Attract new investors or partners.
  • Influence favourable stock pricing.

Cons

While free cash flow is a good measure of profitability, it shouldn’t be used as a standalone indicator.

High free cash flow doesn’t always mean good financial standing — it could be an indicator of inadequate investments in business growth. At the same time, low free cash flow could be a symptom of growth and expansion. For accuracy, always consider free cash flow alongside other KPIs like operating cash flow and cash conversion cycle.

Capital expenditure changes from year to year and across industries. To get a good picture of financial stability over time, observe free cash flow for at least two years. Beyond that, you should also keep in mind industry realities and standards like the average profitability or break-even window.

3. Cash Flow Per Share

What Is Cash Flow Per Share?

Cash flow per share — also called free cash flow to the firm (FCFF) — is the amount of free cash flow on each outstanding share of your company’s stock. This metric appears as a ratio and shows a company’s earnings per share (EPS) less taxes, depreciation, and amortization.

When you have a high cash flow per share, it means your share value will be potentially high. But if your cash flow per share is low, the odds are that share value and earnings will remain down.

How to Calculate Cash Flow Per Share

cash flow per share

Pros

Financial analysts prefer cash flow per share to earnings per share because the former is difficult to manipulate. Cash flow per share accounts for irregular expenses — like depreciation and amortisation — and excludes non-cash earnings like pending accounts receivables.

As opposed to earnings per share, cash flow per share makes it harder for bad actors to alter your company’s cash flow numbers. Because of this reality, cash flow per share gives a more accurate picture of your business’s financial strength and business model vitality. This cash flow KPI also lets you determine your company’s ability to pay dividends and service other expenses.

Cons

One limitation of using cash flow per share is that it doesn’t show your firm’s net income because the calculation doesn’t include non-cash items. These items can only be found in the income statement or balance sheet. For proper analysis, look at your cash flow per share, income statement, and balance sheet together.

4. Cash Flow Yield

What Is Cash Flow Yield?

Cash flow yield (also called free cash flow yield) is a financial ratio that compares your company’s free cash flow to its current share value.

How to Calculate Cash Flow Yield

cash flow yield

Pros

Cash flow yield gives a clear picture of your firm’s ability to access cash quickly. From a cash flow yield calculation, you can tell whether your company is capable of a debt repayment or dividend payment. This metric is particularly key for investors because they always want to know how well their funds are working for them.

When investors are determining whether or not to put money in a company, they may want to see up to 10 years of cash flow yield data and compare it to a treasury note covering the same period. This comparison will help investors calculate the firm’s valuation or determine when a buyout will start generating profit. If cash flow yield is significantly lower than the treasury yield, the company will be considered a poor investment.

Cons

While cash flow yield is a great way to measure your company’s financial position, you should not fully depend on it. This KPI is only truly beneficial when you combine it with a collection of other indicators like cash flow margin or return on invested capital.

5. Cash Conversion Cycle

What Is Cash Conversion Cycle?

Cash conversion cycle (also called cash cycle or net operating cycle) is a measure of how quickly your company can turn resources — outstanding sales and inventory — into cash. The cash conversion cycle accounts for the average number of days it takes your company to collect receivables and sell off inventory — plus the amount of time you have to pay bills without attracting late fees.

How to Calculate Cash Conversion Cycle

cash conversion cycle

Pros

Because the cash conversion cycle reflects how quickly your firm is able to turn cash investments into returns, this metric helps you save money. You’ll be able to plan around when you expect cash inflow, so you can meet your financial obligations and avoid late payment penalties.

With a short cash conversion cycle, you can convince vendors to let you defer payment for goods. You’ll also gain the confidence to sell inventory on credit.

Cons

The cash conversion cycle is a good measure of your company’s operational and management efficiency — but it only applies to businesses with inventories.

Also, the cash conversion cycle doesn’t provide in-depth financial insight per time. But if you look at the cycle’s trend over time and in comparison with similar companies, you can:

  • Give proper reports to management and investors.
  • Work on improving the cycle time.

New investors tend to go for companies with a low cash conversion cycle because they make quicker returns. So if an investor has to choose between two companies with similar returns on current assets and shareholder equity, yours will be the best bet.

6. Cash Flow Margin

What Is Cash Flow Margin?

Cash flow margin is a ratio that shows how well your company converts its sales to cash. This ratio tells you the difference between money that has come in from sales and funds you’re still expecting — all of which make up your revenue. Because the cash flow margin compares actual money transfers to pending transactions, it’s a great measure of total revenue quality.

Say you booked a huge sale that boosted revenue but are having a hard time collecting the cash. Your revenue is up, but your cash flow margin isn’t.

How to Calculate Cash Flow Margin

Free Cash Flow/ Revenue % = Cash Flow Margin

cash flow margin

Pros

Cash flow margin reflects the actual amount of cash you have from sales, so it is a good measure of real-time profitability. This ratio also shows operational efficiency by presenting how well your firm collects accounts receivables.

Cons

A short-term cash flow margin is prone to inaccuracy. Say your company delays accounts payables to retain cash within the business. A one-year cash flow margin analysis will be off the mark because the cash position has been unduly influenced.

But a company can only defer payments for as long as its line of credit lasts before penalties start to apply. After some time — weeks, months, or years — the firm will need to pay its current liabilities. For a more accurate perspective, stakeholders — investors, management, or creditors — should consider period-to-period cash flow margins

7. Cash Flow Return on Invested Capital

What Is Cash Flow Return on Invested Capital?

Cash flow return on invested capital (CROIC) is the amount of money your company makes as a proportion of total capital employed.

How to Calculate Cash Flow Return on Invested Capital

Free Cash Flow/Total Capital% = Cash Flow Return on Invested Capital

cash flow return

Pros

Cash flow return on invested capital is a great profitability gauge because it calculates returns against funds employed to generate it. To make returns from investing, you need to create and follow a solid cash management plan. So a positive cash flow return on invested capital shows the strength of your capital investment strategy.

A high cash flow return on invested capital is great, but if your returns aren’t high in the first year or two, it’s not too much of a concern. If your returns consistently decline over multiple financial periods, though, it’s a likely sign of poor cash flow management.

Cons

Capital return on invested capital does not show which business activities are generating what value. This reality makes it hard to accurately monitor and influence cash inflows — especially one-off events like net income from a land or business division sale.

8. Net Debt to Free Cash Flow

What Is Net Debt to Free Cash Flow?

Net debt to free cash flow is a measure of how many years of free cash flow you’d need to repay your current outstanding debt.

How to Calculate Net Debt to Free Cash Flow

Net Debt/ Free Cash Flow = Net Debt to Free Cash Flow

Pros

Net debt to free cash flow shows your ability to pay off debt quickly, so it’s a great indicator of financial stability (or lack of it.)

Cons

Typically, needing a few instead of many years to pay off outstanding debt is a sign of economic resilience because it means either of the following:

  • You owe very little.
  • Your cash conversion cycle is short.

But sometimes, too little debt could be a red flag because it means your firm is not investing enough in ongoing growth to remain competitive.

Beyond Tracking Cash Flow KPIs, Use CashAnalytics for Quick Scenario Analysis

Cash flow KPI tracking allows you to regularly gauge your business’ financial health and minimise risk. But even with this monitoring, the unexpected can happen — like a pandemic or recession — and destabilise your business.

Prepare for potential volatility with scenario planning. With CashAnalytics’ robust suite of analytics features, you can quickly access financial data — and conduct scenario analysis. Book a free demo to see how our tool helps you track and predict cash flows.

 

CashAnalytics Achieves ‘Built for NetSuite’ Status

05-07-2022 | treasuryXL | CashAnalytics | LinkedIn |

CashAnalytics has officially achieved “Built for NetSuite” status. “With the CashAnalytics SuiteApp, NetSuite users can spend less time crunching the numbers and more time analysing cash flow”, says Conor Deegan, CEO & Co-founder at CashAnalytics. By leveraging real-time data from NetSuite, CashAnalytics helps finance teams spend less time manually compiling data and more time managing cash flow and guiding financial strategy. Read last week’s press release below.

New SuiteApp for cash flow management meets Oracle NetSuite SuiteCloud Platform development standards and best practices

DUBLIN, Ireland – June 29, 2022 – CashAnalytics, a cash flow management platform for expanding businesses, today announced that its SuiteApp has achieved ‘Built for NetSuite’ status. The new SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, enables businesses to adapt and thrive by helping them improve cash flow and stay in control of their liquidity.

“With the CashAnalytics SuiteApp, NetSuite users spend less time crunching the numbers and more time analysing cash flow,” said Conor Deegan, co-founder & CEO, CashAnalytics. “CashAnalytics enables businesses to see their cash position across the business with one click or drill down at the transaction level in an instant. This increased visibility helps uncover new ways to improve business performance and helps leadership make confident decisions.”

By leveraging real-time data from NetSuite, CashAnalytics helps finance teams spend less time manually compiling data and more time managing cash flow and guiding financial strategy. The cloud-based platform provides a complete view of a business’s current and future cash position by simplifying and automating the process of cash forecasting and liquidity planning. By reducing administrative tasks, CashAnalytics enables finance teams to confidently plan for what’s ahead with less work.

“Businesses must effectively manage cash flow to maintain daily operations and adapt to changing business conditions,” said Guido Haarmans, VP, SuiteCloud Developer Network and Partner Programs, Oracle NetSuite. “This new SuiteApp extends our robust solution for cash flow management, helping NetSuite customers to further automate cash flow management and forecasting.”

Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides the information, resources, and methodology required to help them verify that their applications and integrations meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like CashAnalytics, have been built to meet these standards.

For information about Built for NetSuite SuiteApps, please visit www.netsuite.com/BuiltforNetSuite For more information about CashAnalytics, please visit www.suiteapp.com

About SuiteCloud

Oracle NetSuite’s SuiteCloud platform is a comprehensive offering of cloud-based products, development tools, and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry’s leading cloud-based financials / ERP software suite, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built to extend the power of NetSuite.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) that build apps for SuiteCloud. All available and approved SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit https://www.netsuite.com/portal/developers/overview.shtml

About CashAnalytics

CashAnalytics is a cash flow management platform for growth-focused businesses, designed to help treasurers and finance managers improve their free cash flow and stay in control of their liquidity as their business continues to expand. By automating the administrative tasks that cause cash and liquidity forecasting to take unnecessary time and effort, CashAnalytics enables finance teams to focus on adding real value to the business. The CashAnalytics software helps them take control over their working capital and assists them to achieve clear visibility of their cash situation.

 Trademarks
Oracle, Java and MySQL are registered trademarks of Oracle Corporation.

 

Data-Driven Forecasting Automation Opportunities

27-06-2022 | treasuryXL | CashAnalytics | LinkedIn | Data-driven cash flow forecasting is typically highly automated. Automated data heavy lifting and analysis are necessary to make the process sustainable. Read now the latest section of this guide to adopting data-driven cash forecasting in your business.

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