Category: CASH FLOW MANAGEMENT

Why is Cash Flow Management and Forecasting so important?

November 12, 2013 Hansie Britz

It is an important discipline of financial planning. The cash flow forecast is an important management function, similar to preparing business budgets. If the business has a bank loan, the bank will want to look at the cash flow forecast on a regular basis. To spot problems with customer payments. Preparing a forecast encourages the…