In an increasingly tight economy, the ability to accurately predict cash flow is more important than ever. No matter what size company you’re managing, having a clear understanding of future cash inflows and outflows is crucial for making informed decisions and ensuring the financial stability of your organization. This is where cash flow forecasting tools come into play, offering finance professionals powerful predictive insights that can drive strategic planning and risk management. In this blog, we'll cover the basics of cash flow forecasting tools, exploring their benefits, and key feature ..read more

When you’re in charge of overseeing the financial health of an organization–whether that’s a midsize B2B company, a start up, or a nonprofit–cash flow gets a lot of your attention. Effective cash flow management isn't just about balancing the books; it's about ensuring the sustainability and growth of the business. In this digital age, where data is king and decision-making is accelerated, leveraging advanced cash flow forecasting solutions has become crucial for shaping success.  There are dozens of solutions in the marketplace, with more entering almost weekly. As with most things, ther ..read more

Cash positioning serves as a compass to guide businesses through financial decisions, ensuring resilience and stability. But what does this seemingly straightforward term mean, and why is it so significant? In this blog, we’ll explore the pivotal role it plays in cash management and equip you with actionable insights so you can optimize cash management strategies for long-term financial health ..read more

Anyone who’s worked in finance in the last 15 years will tell you the responsibilities and role of the Chief Financial Officer (CFO) has evolved way beyond mere number crunching. Today’s smart CFO harnesses data to drive strategic decisions, optimize processes, and ensure the financial health of the organization ..read more

Accounts receivable management is a vital aspect of financial operations for businesses of all sizes. While essential for maintaining healthy cash flow, accounts receivable management often presents challenges that can hinder a company's financial stability and growth. In this blog, we'll cover some of the common hurdles encountered in accounts receivable management and discuss how you can overcome them by leveraging digital technology ..read more

More than ever before, CFOs face a myriad of challenges, largely due to how quickly the business landscape is evolving and increasing pressure to ensure the long-term success of the business. However, with the right tools and strategies, CFOs can harness the power of technology to drive profitability and strategic growth for their organizations. Advanced digital technology has become a game-changer for businesses of all sizes and across all industries, enabling them to streamline operations, enhance decision-making processes, and gain a competitive edge in the market. For CFOs, embracing techn ..read more

When planning a future trip to an unfamiliar spot, most people check the weather forecast. After all, if it’s going to be the rainy season, you want to pack accordingly. In the same way, when you’re headed into an uncertain future in today’s volatile business climate, you need a good cash flow forecast to prepare you for the proverbial rainy day and other scenarios.  Cash flow forecasting is not merely about tracking the money that comes in and goes out; rather, it’s a strategic tool that empowers businesses to make informed decisions, seize opportunities, and navigate challenges with con ..read more

Cash forecasting is evolving. Bigger financial data sets add complexity but provide more insights. Naturally, CFOs are happy with how comprehensive and flexible these new forecasts are, but according to a survey by McKinsey & Company, 40% of CFOs report that their forecasting efforts are not as accurate as they’d like–and that the cash forecasting process takes too much time. Fortunately, the right kind of technology makes it quicker and easier to collect and analyze the data for more accurate results that can be used in a variety of ways. In this blog we’ll cover 7 ways you can improve yo ..read more

Navigating collection disputes in the B2B space requires finesse and clarity to uphold both professional relationships and financial integrity. Let’s face it, no one likes to be in the position of having to compose customer correspondence around the topic of collection disputes. But you also can’t put yourself in the position of a negative outcome by doing a poor job with this important task. Both cash flow and a customer relationship are at stake ..read more

NetSuite ERP, the world's most deployed cloud ERP solution, offers a plethora of tools to streamline data retrieval and analysis. Among these tools, saved searches stand out as indispensable assets, empowering users to extract vital information efficiently. However, in complex business scenarios where data interconnectivity is paramount, the ability to access related records becomes imperative. Enter NetSuite formulas – the gateway to seamlessly incorporating data from related records into saved search results ..read more