Seven Features to Look for in a Cash Flow Forecasting Software
(hint: Vanguard Predictive Planning™ has them all)
Understanding your organization’s cash flow forecasting has always been important. In lean times, when it’s not possible to operate with large cash balances, accurate cash flow forecasting becomes critical.
Forecasting software shows future and current cash flow, which helps organization respond nimbly to change. Unlike spreadsheets, the best forecasting software is flexible with visibility into what changes were made, when and why.
Accurate cash flow forecasting is critical for balancing capital investment plans with liquidity needs. An enterprise planning tool that integrates workflow and data systems to deliver fast, accurate cash-flow forecasts ensures that your organization’s cash flow forecasting is up to par.
There are multiple forecasting software options on the market. In this white paper, you will learn how Vanguard Predictive Planning™ does the following:
- Provides up-to-date forecasts
- Gives one version of the truth
- Enables complete transparency
- Allows you to test what-if scenarios
- Automates time-consuming data management
- Uses advanced analytics to find important information
- Balances analytics with insight
Vanguard’s Cash Flow Forecasting Software leverages financial science with software automation so you can focus on strategy and growth. Advanced-analytic capabilities factor seasonality, product lifecycle effects, and statistically-tested inputs. Expert automation and user-centric design ensure optimal forecast methodology, visual display, and exportability. Web-based connectivity keeps you face-to-face with people and progress points as they stream.
Download our Cash Flow Forecasting white paper to learn more.
Also, to read about how Vanguard Predictive Planning™ for cash flow forecasting enabled a midwestern Department of Transportation (DOT) to tightly control their budget and respond to budget cuts with revenue generating investment, download This case study.