Friday, January 2, 2009

Wanted: Cash Forecasting Technology

By Mark Brousseau

Senior financial executives say cash flow forecasting is the top area where better technology and/or more outsourcing is needed, according to Treasury & Risk's 2009 Strategic Treasury Survey. Thirty-six percent of respondents cited solutions as lacking in cash flow forecasting. Other areas seen as wanting: accounts payable (cited by 16 percent of respondents), accounts receivable (14 percent), budgeting and planning (13 percent), and cash management (13 percent).

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