A 13-week cash flow forecast is a standard tool that distressed businesses have used for decades to evaluate and manage liquidity in the short-term.
In this environment, companies of all kinds can benefit from a creating a 13-week cash flow forecast and using it to monitor and manage operations. A well-prepared forecast provides a thorough picture of an organization’s financial results, through an intensive weekly reporting process – and it can help avoid negative liquidity surprises.
Striking the right balance for 13-week cash flow forecasting involves significant communication with all relevant stakeholders. This infographic offers a breakdown of what that should look like for most businesses starting this process.
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Managing Liquidity and Optimizing Costs webinar
This on-demand webinar will help you learn tactics to preserve liquidity and manage cash today, plus give you a plan for the operational improvements and cost reductions you’ll need for the future.