Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight and actionability to accurately manage the cash lifecycle and improve the accuracy of free cash flow projections.“Forecasting has changed. CFOs must plan liquidity and free cash flow against multiple risk scenarios and they are demanding data and analytics to deliver forecast accuracy in real-time,” said William Goodall, VP Sales, Northern Europe at Kyriba. “The cost of ineffective forecasting has risen to unprecedented levels, with CFOs losing millions because they lack the tools to manage enterprise liquidity.”Innovation from Kyriba’s Liquidity Planning Platform• Long Term Planning: Consolidated forecast planning, integrating FP&A, Treasury, A/P and A/R to extend forecast horizons by at least 12 months to more efficiently reach Free Cash Flow objectives. • Forecast Scenario Modeling: Simultaneously manage multiple cash forecasts in parallel and model against liquidity planning and risk scenarios.• Liquidity Analytics: Real-time data visualisation and simulation for cash, investing, borrowing and counterparty analysis to improve liquidity resilience against economic volatility.

According to a recent report from IDC, only 20% of finance leaders have confidence in forecasts beyond one month and 5% beyond three months.[1] (A New Practice Area Emerges for CFOs: Enterprise-wide Liquidity Management)

This is Kyriba’s fourth product innovation announced in the past three months to support CFOs during a time of unprecedented volatility and uncertainty. Liquidity Planning is complemented by Cash Management AI, FX Portfolio VaR Analysis and Commodities Risk Management.