This article from GTNews (now The Global Treasurer) reviewing the results of the Cash Forecasting & Visibility Survey, hosted by Strategic Treasurer and underwritten by Bottomline Technologies, covers several of the top findings from the survey. Among those are the following:

  • Bank and Bank Account Use High: Many respondents use both a large number of banks and bank accounts, both globally and domestically.
  • Daily Cash Positioning Updates Wanted: A majority of respondents wanted their cash position updates either in real-time or daily.
  • Forecasting: Companies have a variety of needs and standards for their forecasting programs, including how often they update, how far into the future they forecast, and how accurate these forecasts are.

This article was originally published by GTNews (now The Global Treasurer on Decemeber 29, 2016. You can view the full article here.