Geared towards the executive membership of AFP, Executive Guides take an in-depth look at specified topics that are developed via interviews with treasury executives. They are presented as studies, with practical applications and tools such as models and checklists.
Rethinking Liquidity Planning to Manage the Cash Lifecycle
Underwritten by Kyriba
With the use of APIs, artificial intelligence (AI) and data analytics, cash forecasting is evolving into a more proactive liquidity planning process.
Liquidity planning uses the same forecasting techniques that allow you to model the impact of a range of strategic decisions on future cash and liquidity positions. This guide breaks down how using a liquidity planning approach can transform decision-making both in the treasury department and throughout the whole organization.
Download the guide and dive into:
DOWNLOAD THE EXECUTIVE GUIDE
CASH FORECASTING DEFINED
At its most fundamental, a cash forecast is a prediction of a company’s cash position at a particular point in time in the future. Cash forecasting is improving because treasurers have access to a wider range of more reliable data than ever. Three key technological developments have been crucial:
- Data is more accessible.
- Data unknowns can be forecast with more accuracy.
- Data can be manipulated instantly.
LIQUIDITY PLANNING
Instead of the old model that used static data to forecast positions, liquidity planning incorporates dynamic data that recognizes that a change in one variable has implications for others.
Download the guide to find out:
- How liquidity planning differs from cash forecasting
- How to build a liquidity planning model
APPLICATIONS OF LIQUIDITY PLANNING
Understanding the potential benefits of a liquidity planning approach is an important first step in its adoption. Applications of liquidity planning include:
- The changing dynamic of the treasurer
- Holistic decision-making
- A more strategic treasurer
- Data storytelling
- Access to non-traditional inputs
BUSINESS OUTCOMES REALIZED VIA LIQUIDITY PLANNING
While liquidity planning has the potential to improve decision-making, the real benefits are from measurable improvements in business outcomes which include:
- Free cash flow
- Balance sheet efficiencies
- Increased return on cash
- Protect financial statements
- Access to more levers to execute corporate actions
- Setting relevant targets
Published September 26, 2023