SYSPRO Cashflow Forecasting

Fact Sheet

Cash flow is the life-blood of all businesses. As a n Spot problems with customer payments - result, it is essential that management forecast preparing the forecast encourages the (predict) what is going to happen to cash flow business to look at how quickly customers are to make sure the business has enough to survive. paying their debts. Note this is not really a SYSPRO Cashflow Forecasting facilitates the effective problem for businesses (like retailers) that take projection of currency-based cash flow requirements most of their sales in cash/credit cards at the by providing the capability to create multiple online point of sale. cash flow models from a variety of forward-looking n As an important discipline of financial inflow and outflow data such as future receivables, planning the cash flow forecast is an payables, sales, purchases, demand forecasts, important management process, similar to material requirements, budgeted expenses and preparing business budgets. user-defined projections. n External stakeholders such as banks may require a regular forecast. Certainly, if the SYSPRO Cashflow Forecasting enables managers business has a bank loan, the bank will want to view their company's projected cash position to look at the cash flow forecast at regular in multiple currencies by applying such cash intervals. projections to the current bank balances. The n Personalized models by currency (local and cash flow effect of discount maximization can also foreign) , based on selected inflow and be determined by comparing different cash flow outflow data – ability to convert the foreign projections. currency to local currency n Different views by Cash Book, General Ledger, Multiple cash flow models can be defined to suit Purchase Orders, Accounts Payable and your company’s requirements, and the resulting Accounts Receivable, based on inclusion forecasts viewed as graphs and listviews. criteria defined against a model n User-defined date ranges for projection How often management should forecast cash flow is periods dependent on the financial security of the business. If the business is struggling, or is keeping a watchful Cashflow Forecasting features eye on its finances, the business owner should be forecasting and revising his or her cash flow on a n View projected cash positions based on daily basis. However, if the finances of the business multiple models are more stable and 'safe', then forecasting and n Define collectors for each model to revising cash flow weekly or monthly is enough. accumulate the relevant values n Define opening-balance collectors as bank The benefits of Cashflow Forecasting balances or general ledger balances; alternatively, define at run time n Identify potential shortfalls in cash balances n Choose from movement collectors such in advance - think of the cash flow forecast as cash book permanent entries, cash as an "early warning system". This is, by far, requirements from accounts payable, the most important reason for a cash flow outstanding purchase orders, accounts forecast. receivable payment projections or n Make sure that the business can afford to pay movements from general ledger suppliers and employees. Suppliers who don't n Model the impact of early-supplier payment get paid will soon stop supplying the business; discounts it is even worse if employees are not paid on time.

SYSPRO Cashflow Forecasting

Integration with SYSPRO n Accounts Payable n Accounts Receivable n General Ledger n Purchase Orders