A Practical Guide to Supply Chain Planning MaturityWHITE PAPER Click here to download Plan with Confidence Improve the resilience of business plans using statistical confidence intervals Generally, Sales & Operations Planning (S&OP) decisions are made based on...
American Express (AMEX) recently introduced Early Pay, a new early payment option for large U.S. companies that buy goods and services from U.S. suppliers. Buyers get discounts if they pay suppliers earlier than their due date. This speeds up B2B payments to...
The true value of forecast accuracy presents itself when translated into dollar values. Dr. Jain, Editor of the Journal of Business Forecasting, said in one of his interviews that “an average company can save $3.52 mil. for every one-percent improvement in the...
Enterprise Tools to Automate Cash Flow Forecasting If you’ve worked through static, spreadsheet-based forecasting processes then you know it can be a time-consuming nightmare. Manual spreadsheet reports are convoluted tasks with multiple links and formulas across...
While today’s financial controller remains integral to ensuring effective business operations, the role is changing quickly across companies, industries, and management structures. Controllers often have traditional core responsibilities, such as managing...
Sufficient positive cash flows are critical to your organization’s basic solvency. How else to make rent, pay wages, and meet unforeseen obligations? To stay afloat, organizations must forecast cash flows accurately, factoring multiple sources of income and expense,...
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