SET FINANCIAL GOALS.
FORECAST [fa icon="chevron-right"] MONITOR [fa icon="chevron-right"] REPEAT.
ACHIEVE 90% FORECAST ACCURACY, AND GET YOUR FINANCIAL FORECASTS FIT, FAST.
84% of finance professionals anticipate the role of Treasury to become an increasingly more strategic position in the corporate environment. The challenge for Treasurers will be to remain highly effective and efficient in order to fulfill their new role as strategic decision makers, while also fulfilling their traditional Treasury roles.
This shift in the role of Treasury brings focus to the need for integrated financial planning. In order to position Treasury for success in their new role, Treasurers will require a cash flow planning application which is efficient, as well as integrated with finance, diminishing the disconnect between the P&L, balance sheet and funding of assets.
HOW CAN YOU ACHIEVE IT? START BY LEVERAGING THE POWER OF ONE.
A unified source of data for cash flow and Treasury planning ensures that your organization is seeing one version of the truth, thereby gaining more productivity from employees and a shorter end to end cash planning cycle.
The Techedge FIT solution utilizes a single source of data for end to end cash flow and Treasury planning cycles. By inputting a forecast or actual balance sheet, you can generate a unified forecasting scenario for each area.
Cashflow forecasts are calculated utilizing a direct accounting method for increased accuracy not currently achievable with the standard excel forms used in many organizations today. Results of the cash forecast are directly imported to Treasury’s plans, generating automated forecast to be reviewed and manipulated by the Treasury team.
The results? Integrated, accurate financial and Treasury forecast statements form one unified story, from beginning to end.
• Multiple Scenarios & Versioning
Initialize multiple scenarios with different assumptions to prepare for best case, or worst case scenarios for the same forecast period.
• Credit and Cash Management
Easily simulate short-term funding based on accounts receivable utilizing the factoring & securitization functions and simulate cash concentration with built-in cash pooling models.
• What-if & Risk Analysis
Use a scenario or a risk-adjusted planning approach to measure the degree of uncertainty in your predictions.
• Financial Expenses
Simulate allocation of cash generated on different credit lines, calculate financial expenses and balance cash.
Manage new and existing and intercompany loans, as well as short & long term loans.
• Working Capital Planning
Define accurate and detailed estimates of Working Capital with simple parameter inputs and create mock-up scenarios to visualize different scenario effects on working capital.
Based on Oracle Hyperion technology, a leader in cloud innovation, FIT can be implemented in just four weeks!
FIT solution is available on Oracle Cloud or on-premise.