Learning from old lessons - the importance of cash forecasting

It's just like the old days!

Current economic headwinds take me back to my early career when an early lesson was the importance of cash forecasting that dealt with contingencies such as rising inflation and interest rates and forex gyrations.

Talking to our clients and the banks, many businesses are seeing a spike in working capital as supply chains shorten and contingent stock buying results in overstocking. At the same customers are wanting more credit to offset rising debt costs.