Last week, I had the chance to talk with Robert Lagrange, a Senior Manager at Deloitte, and a speaker at the Financials 2011 conference, being held in Las Vegas. Robert provided me with some great insight into his upcoming session at the event: “Take control of cash flow with proven cash management and forecasting strategies”.
Robert talked through some of the key challenges organizations face with regards to their working capital. For example, he described what kind of negative outcomes can result if an organization does not have timely and accurate cash information. He also briefly discussed how important it is for an organization’s forecasting activities to lie in the hands of each department, rather than having one deparment maintain sole responsibility. This enables a higher level of accuracy.
For more insight and tips listen to the complete interview on our PODCAST page.