TITLE

If You Don't Build It, They Will Go

AUTHOR(S)
Fest, Glen
PUB. DATE
February 2006
SOURCE
Bank Technology News;Feb2006, Vol. 19 Issue 2, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on LaSalle Bank's experience with improving cash management which began in 2003, when service provision audits uncovered how the bank's clients were constructing cash forecasts through Microsoft Excel. Subsequent product strategy meetings pointed out the need to develop a cash management forecast tool that uses Excel, but is embedded in the cashflow delivery tool so the information is guaranteed. The solution saved LaSalle the cumbersome build-out of the forecast feature through a new treasury workstation or portal functionality, as was being considered.
ACCESSION #
20034579

 

Related Articles

  • Using cash flow trends to identify risks of bankruptcy. Foster, Benjamin P.; Ward, Terry J. // CPA Journal;Sep97, Vol. 67 Issue 9, p60 

    Discusses how cash flow trends and interactions can help identify businesses that will become bankrupt. Key items which can help distinguish future bankrupts from healthy businesses; Importance of net cash flow analysis.

  • How to keep the money flowing. Williams, David // Cabinet Maker;10/13/2000, Issue 5209, p8 

    Explains the value of cashflow forecasting and cash management to business enterprises. Steps involved in managing current cash balance; Factors which determines the success of cashflow forecasting. INSET: Cash management unravelled.

  • A NOTE ON PLANNING HORIZON MODEL OF CASH MANAGEMENT. Sethi, Suresh P. // Journal of Financial & Quantitative Analysis;Jan1971, Vol. 6 Issue 1, p659 

    The problem of cash management, in its simplest form, is to formulate decision rules which control the level of a firm's cash balance to meet its demands for cash at minimum total discounted cost. Control is achieved by transacting securities for cash. The cost of control is the commission...

  • CASH FLOW STATEMENT SPREADSHEET MODELING CASE USING A PROTOTYPE SYSTEM DEVELOPMENT PROCESS. Davis, Jefferson T. // Journal of Learning in Higher Education;Spring2015, Vol. 11 Issue 1, p113 

    U.S. GAAP and IFRS standards both require a cash flow statement that presents operating, investing and financing net cash flows (FASB, FAS 95; 1987; IASB, IAS 7, 1992). Although students are exposed to the cash flow statement in beginning accounting courses and then study the cash flow statement...

  • FORM: Cash Flow Instructions.  // Women's Small Business Start-Up Kit (9781413320329);2014, p1 

    A worksheet on a cash flow forecast is presented with required information including the cash expected to have in bank, estimated paid sales, and the amounts expected to pay out from business.

  • FORM: Cash Flow Projection Worksheet.  // Women's Small Business Start-Up Kit (9781413320329);2014, p1 

    A worksheet on a cash flow forecast is presented with required information including the sales paid, start-up costs, and loan payment.

  • Paycheck gone, but bills still come.  // Northern Colorado Business Report;10/23/2009, Vol. 15 Issue 2, p7 

    The article discusses ways on how new business owners can properly perform cash management in the midst of transition. It stresses the need to keep variable costs in anytime, manage own personal and the company's cash flow by planning and forecasting cash flow, and create back plans as well as...

  • Protecting Liquidity in Tough Times. DiPietro, Janice // Financial Executive;Jun2009, Vol. 25 Issue 5, p61 

    The article discusses how firms can protect their liquidity amid difficult economic circumstances. Cash-flow forecasting should extend at least four quarters into the future and include worst-case scenarios. Cash can be raised or preserved by selling unnecessary assets and extending liabilities....

  • Get ready to calculate your MIFROG. Gray, Andi // Fairfield County Business Journal;1/4/2010, Vol. 49 Issue 1, p7 

    The article discusses topic related to calculating Maximum Internally Financed Rate of Growth (MIFROG) in Connecticut. It explains that margin can fall short when the company cuts prices in order to move goods or services, without negotiating lower material payroll coasts. It also explains the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics