What the study covers:
Most companies cannot accurately perform cash forecasting, and here’s why: there’s no holistic view across cash flows. This lack of visibility opens the door to risk, fraud, business disruption, supplier relationship problems, and cash management issues that directly affect your bottom line.
To understand the best way to solve these challenges, Corcentric commissioned recent survey conducted by Forrester Consulting. Their analysis of responses from more than 600 finance decision makers at companies in the US, UK, and Europe reveal remarkable fact:
82% of CFOs want the ability of holistic cash forecasting, but only 5% have the capability today