CFO Weekly
Master Cash Flow Forecasting with Colin Hewitt
May 7, 2024
Colin Hewitt, CEO of Float Cash Flow Forecasting, discusses the importance of accurate cash flow forecasting for CFOs and small businesses. They explore how scenario planning helps navigate uncertainties, integrating tech for better management, and best practices in uncertain times.
29:18
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Quick takeaways
- Accurate cash flow forecasting empowers CFOs for strategic decision-making.
- Float's scenario planning aids CFOs in navigating market uncertainties with precise predictions.
Deep dives
Importance of Cash Flow Forecasting for Small Businesses
Cash flow forecasting is crucial for small businesses as it provides a real-time view of available cash, ensuring financial stability. The podcast highlights how Flote, led by Colin Hewitt, addresses the need for daily accuracy in cash flow management, aiding CFOs and business owners in making informed decisions. Flote's focus on short-term to medium-term cash flow visibility sets it apart by offering scenarios to predict future bank balances with exceptional precision.
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