Effective Cash Forecasting: Less Complicated Than You Think!

Monday, April 3rd
Lone Star A
2:30pm – 3:30pm
Intermediate – FP&A Renewal Credit

Enrique Calderon, Executive Director and Assistant Treasurer, Fluor
Jeff Diorio, CTP, Director, Treasury Strategies
Thomas Gavaghan, Manager, NORAM Presales, Kyriba

Session Description

Forecasting is always at the top of Treasury’s to-do list – either implementing a good forecast process or improving what already exists.  The reasons vary from efficient liquidity utilization to hedge effectiveness. Companies that have let their forecasting lapse, or that have relied on cash calendars, need to reinstate a forecasting discipline. There are numerous benefits, and it can be less complicated than you think!  This session will highlight factors that allowed Fluor to leverage technology to create a more robust cash forecast. We’ll discuss:

  • Different types of forecasts, approaches to data gathering/modeling/compilation
  • The use of technology to improve forecasting
  • The issues associated with each part of the forecasting process and alternate approaches to create, update and refine your forecasting process