Predict Your Future with Simplified Cash Forecasting...

Prepared by:

Session ID:

Predict Your Future with Simplified Cash Forecasting

Logan WackerManaging Consultant - TreasuryElire@ElireInc

100440

Agenda

ü Introductions

ü Allegis Current State of Cash Forecasting

ü Cash Forecasting Data Sources

ü Implementing Automated Cash Forecasting Tools

ü Scenario Analysis

ü Implementation & Configuration

ü Other ERP Advantages

ü Q&A

Introduction

Logan WackerManaging ConsultantElire Inc.Treasury Management

Allegis: Who We Are

About Elire

ü We help our clients succeed by partnering with them to efficiently implement, integrate, and upgrade their software investments

ü Elire is the industry leader in ERP Treasury workstation installations

ü Elire consultants experience based on more than 20 years of PeopleSoft, Finance, and Treasury experience

ü Elire has been published as a thought leader in the Treasury and Financial Planning & Analysis space

• Oracle’s Profit Magazine• Association of Financial Professional (AFP)’s Exchange

Magazine• Business Finance Magazine

150+Clients

30+Fortune500Clients

30+FinancialServicesClients

Current State

Current State

Endlesshoursofdataentry

20+BankingPartners

250+BankAccounts

15+CashForecasts(Excel) Centralized

TreasuryTeam(Maryland)

A Typical Morning/Evening

(translation:Giveup)

Current/Prior Day Bank Statements

Cash Forecasting - Excel

Forecasted Inflows/Outflows by Category

Projected vs. Actual

Daily Projected Balances

Current State Challenges

Cash Forecasting Data Sources

Single Dataset

Deep insight into your future Cash FlowsPull in all of your financial information (ERP & Non-ERP) into one place and identify

any future cash issue

How Do You Receive Bank Statements?

Review Bank Statement Reporting

Monitor Daily Account Balances

Review Bank Statement Reporting

View all Transactional Activity by Bank Account and Date

Deriving Forecast Numbers

Data Import

Bridge the Gap

Bridge the Gap Between Treasury and BusinessPull in data from Payables, Receivables, Debt Instruments to optimize cash and

working capital

Simplified, AutomatedForecasting

Cash Forecasting Results

Cash Forecasting Results

Trend Analysis

Drill Down to Spot Root Causes

Drill down functionality takes the user to the transactions source data

Drill Down to Spot Root Causes Cont.

Scenario Analysis

Make the Right Decision to Increase Cash Flow

Simulate different what-if scenarios & make the

best fact-based decision for each Business Unit, Account, and Currency

Weightings

ü Weighting Examples:– Amounts

• 10% Increase• 10% Decrease• 10% Week• Next Day• Next Month• Next Week

– Date– Payment Method– Replacement Rules– Worksheet Offset

Steps to Using Weightings

Step 1: Identify desired Worksheet, Source Set, and Value Date

Steps to Using Weightings

Step 2: Identify desired Worksheet Line Item

Steps to Using Weightings

Step 3: Apply Scenario & Evaluate Results

Weighting Examples

Amount: Derive per unit dividend amount on stock

Date: Carry Forward calculated results by specific day count

Carry Forward Total

Carry Forward previous days ending balance to next days beginning balance to reevaluate future cash flows

Enter Manual Cash Position

Implementation & Configuration

Implementation Lifecycle

Cash Forecasting Challenges

Related ERP Advantages

Fee Analysis/Account AnalysisVariance Dashboards

Compare Fee Analysis Statement volumes against Bank Statements to identify a variance in agreed upon pricing vs. what was charged at month end

Fee Analysis/Account AnalysisMonth End Statement Views

Review month end statements in a digestible format

Fee Analysis/Account AnalysisEvaluate Month End Actuals

Key Takeaways

• Automation is Critical – identify proper data sets• Streamline Cash Forecasting structure• Eliminate manual processing• Increase efficiencies• Improved liquidity management through real time

cash position reporting• Global multi currency support

Check out Elire’s Other Sessions!Session #100430 – Pain in your Bank Recon? Pum 18 has your Automated SolutionsWednesday, July 19 | 8:00 – 9:00 AM | DaVinci AB | Presenter: Logan Wacker (Elire)

Session #102210 – Testing, Testing, 123! Leveraging PTF with your Continuous Delivery ModelWednesday, July 19 | 9:15 – 10:45 AM | International Ballroom B | Presenter: Valentin Todorow (Elire)

Session #101390 – PeopleSoft Treasury SIG MeetingWednesday, July 19 |11:15 AM – 12:15 PM | DaVinci AB | Presenters: Paul Barnett (Ameritas), Janet Division (Wells Fargo, N.A. Finance) and John Scott (Elire)

Session #101370 – Masterminding PeopleSoft Bank ReconciliationsWednesday, July 19 | 1:30 – 2:30 PM | International Ballroom D | Presenters: Heidi Emory (Security Finance) and Carlos Conde (Elire)

Session #102200 – Obtain value from New Features in PeopleSoft 9.2 Cash Management – A St. Elizabeth Success StoryWednesday, July 19 | 4:30 – 5:30 PM | Heathrow AB | Presenter: Tenzin Tsering (Elire)

Thank You!

Logan WackerManaging ConsultantElire Inc.Logan.wacker@elire.com612-486-4220

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Elire Booth #405

Session ID:Please complete the session evaluation

100440