A good time to re-evaluate your cash forecasting

The current regulatory and macroeconomic environment has had a profound impact on the liquidity standards of banks and their corporate clients, creating a heightened need for corporations to re-evaluate their approach to cash forecasting. Cash forecasting has always been fundamentally important, as...

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Bibliographic Details
Published in:Treasury & risk 2015-09
Main Authors: Petrusev, Sascha, Head of Liquidity, Investment Products Americas, Global Transaction Banking, Deutsche Bank
Format: Magazinearticle
Language:English
Subjects:
Automation
Banks
Best practice
Borrowing
Cash flow forecasting
Cash management
Currency
Enterprise resource planning
Forecasting
Funding
Hedging
Interest rates
Liquidity
Macroeconomics
Risk management
Spreadsheets
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Summary:The current regulatory and macroeconomic environment has had a profound impact on the liquidity standards of banks and their corporate clients, creating a heightened need for corporations to re-evaluate their approach to cash forecasting. Cash forecasting has always been fundamentally important, as it aligns with the core objectives of a treasury department: meeting external obligations, minimizing external borrowing costs, maximizing investment outcomes, managing currency positions, and monitoring risk exposures. As corporations face a landscape of low or negative interest rates and changing appetite for deposits due to Basel III standards, they need to take a more proactive approach to cash forecasting, as it is more critical than ever before to employ the right tools and practices to ensure predictability and efficiency of cash positions across the organization.
ISSN:1935-7214