Forecasting & Planning Solutions
The Kansas Department of Transportation
Builds a Transparent and Nimble Cash Flow Forecasting System
This article describes how the Kansas
Department of Transportation implemented a modern cash flow
forecasting system with Vanguard Software. KDOT moved from a
weeks-long, difficult forecasting process to forecasts that update
automatically on a daily basis.
compelled KDOT to rethink their forecasting
they selected a vendor,
- The development process,
- What went into creating the payout
curve model, and
- How they addressed the need for
Finance Review is a publication of the
Government Finance Officer's Association (GFOA).
GFOA, the field's leading professional association,
has been identifying and developing financial
policies and best practices since 1906.