The Controllership Series - Addressing Cash Flow and Forecasting Uncertainty

Overview

These are uncertain times. With constant economic fluctuation, geopolitical uncertainty and inflation pressures, corporations and their professionals are facing challenges at every turn. The Controllership function is accustomed to dealing with changing variables but when the

change is constant and every evolving, even the simplest of tasks like cash flow and cash forecasting can become difficult. 

This webinar is to focus on what methods the controller can elicit to attempt to address the current uncertainty when working with their cash flow issues and forecasting. Of course, there are basic measures that can be employed such as:

• Proactively managing receivables and payables
• Automate your accounts payable and receivables process
• Keep business expenses at a minimum
• Work with digital methods of payment from vendors
• Use credit wisely

However, this webinar will explore methods used to create and manage your cash flow and forecasting processes. These methods go one-step past your typical forecasting to enable management to explore various alternatives and scenarios for the business.

Prerequisites

None

Objectives

• Examine cash forecasts and estimates
• Evaluate scenario planning
• Identify steps of scenario planning
• Evaluate time-series analysis
• Discuss methods of survey’s, research and interviews
• Examine the process of cash flow
• Discuss methods of cash flow forecasts and estimates

Highlights

• Accounting
• Finance
• Cashflow