Cashflow Forecasting

Question 1

What are the challenges in achieving visibility? (Tech)

Answer 1

• outdated systems/lack of investment in new systems.
• lack of availability of systems I.e., no access to online banking.
• operations in geographies where connectivity is an issue.
• different systems not talking to each other.

Question 2

What are some challenges to achieving cash visibility? (Non tech)

Answer 2

• large number of bank accounts
• fragmentation of banking
• cultural issues I.e, business units being in control and reluctant to share with head office.
• regulatory issues around access to data.