With the use of APIs, artificial intelligence (AI) and data analytics, cash forecasting is evolving into a more proactive liquidity planning process.
Kyriba is proud to be a supporter of the AFP Executive Guide series, including this most recent edition on the emerging practice of Liquidity Planning.
Liquidity planning is about surrounding your cash forecast with internal and external data to optimize investment, borrowing and working capital decisions. As organizations are increasingly being valued on EBITDA resilience, treasury can show its value by perfecting liquidity planning – which is why liquidity planning has emerged as a core responsibility for many treasury teams to assess and optimize liquidity in times of crisis as well as during periods of higher interest rates and cost of capital.
Key takeaways that each reader will gain include: