During the planning process, particular attention lies on strict compliance with the planning process. It is recommended to work based on a centrally defined checklist. In addition, a binding discussion should be held with all major stakeholders in the planning process. The results of the liquidity planning should be distributed promptly in a simple, visualised and commented report.
The schedule should allow sufficient time for the analysis of the liquidity planning. The quality of planning is constantly monitored and continuously improved by comparing planned/actual data. Plan/plan comparisons allow the identification of trends and initiation of countermeasures at an early stage. The forecast liquidity and liquidity movements represent the foundation for risk analyses and simulations.
Due to the high level of detail and regular performance reviews as part of planning updates, liquidity planning is the ideal starting point for deriving and monitoring measures to optimize liquidity, such as cash management and payment transactions, financial risk management and, in particular, working capital optimization. The broad anchoring of liquidity planning and the common understanding of the forecasted liquidity situation and liquidity drivers enable the effective coordination and implementation of optimization measures.
Our services in the area of liquidity planning and liquidity management:
The experts at FAS provide comprehensive support in the introduction, implementation & optimization of liquidity planning as well as in sustainable liquidity management and the introduction and use of technical solutions.
If you are interested or have any questions, please contact us.