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Companies today may trade with dozens or even hundreds of suppliers and customers located in different countries, all operating in a single global market place. As these relationships have evolved, so have supporting payment methods and practices. Integrated and fully automated financial supply chain management could well be the next revolution waiting to happen, promising equally exciting benefits to both banks and their corporate customers.
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One of the biggest challenges in creating a cash forecast involves having accurate, historical data and maintaining it in such a way that statistical methods can be applied to "forecast"what a company’s cash position is likely to be at specific points in the future. Find out how institutions are focusing on accurate cash forecasts and higher returns.
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Last updated on : 02-Jul-2008
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