3 Must have tools in turbulent times
Cash Flow Planning
Cash management is without a doubt a must have that companies must-have under control if they are to be sustainable on the short and long term. During the time of changes and turbulence, budgets and plans need to be updated, and the cash views need to be analyzed. This must be done accurately and consistently, to ensure the right decisions are taken.
Scenario Modeling
Process of evaluating possible events that could take place in the future or react to past unexpected events by considering various feasible results or outcomes.
Profitability Optimization
The process of including full revenue and costs, both direct and indirect into analysis to better understand operating margin or profit at a granular level. By relying on allocation capabilities that allow you to distribute indirect costs to services, products, or customers accurately, you can understand the real profitability of individual segments and decide which ones to maximize or temporarily pause.
