Forecast accuracy

Reliable cash forecasting requires continuous development of the forecasting process. One key ingredient is tracking the actual accuracy of the forecasts. Tracking lets you identify potential problem areas and focus on improving them. These problem areas can include the poor quality of forecasts from certain subsidiaries or the constant late payments from given groups of customers.
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Timo Hämäläinen
My name is Timo Hämäläinen and I am the CEO of Exidio Ltd. I have worked with the challenges of cash forecasting for the past 25+ years.