CFO Dive Report: Gain Real-Time Visibility into Cash Flow

With an overwhelming 95% of CFOs expecting rising interest rates to pose threats to their businesses, their focus has turned to gaining visibility over cash flow to navigate difficult market conditions

Visibility over cash flow has become top of mind for finance and accounting leaders, according to CFO Dive. According to a recent survey, 62% of C-suite and F&A professionals said “real-time visibility into cash flow is a ‘must-have’ for their businesses during the coming next year” and 98% said “they could be more confident about their current level of visibility.”

Survey respondents expressed concerns over rising interest rates and market uncertainty — 95% anticipate that rate hikes will pose risks to business operations. Increased regulation and scrutiny also are driving the need for more automation and greater visibility over cash and cash flow. The survey of 737 C-level and 746 finance and accounting professionals included respondents from seven countries and was conducted by BlackLine.

What do leaders believe could help them weather a downturn? Increased automation and improved visibility over cash.

“Nearly half of the survey respondents (49%) are concerned that a lack of visibility into cash flow indicates their business is making decisions with inaccurate or outdated information, while 48% said an incomplete understanding of cash flow complicates efforts to respond to market fluctuations,” CFO Dive reported.

Thirty-six percent cited identifying manual errors during month-end close processes as a key challenge; 30% said they lack the automated controls appropriate to the volume of data they process.

“Among C-suite executives, CFOs are most likely to believe that they hold sole responsibility for navigating their companies through a downturn, the study found, suggesting that financial leaders may face greater comparative stress if the economy falters,” CFO Dive reported.

Read the full article here: “C-suite, financial leaders eager to gain cash flow visibility”

Sign up for our newsletter
to get finance insights and cash planning tips delivered straight to your inbox twice per week.

**Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC.

^††3.0% Annual Percentage Yield (APY) as of 01/07/25. Deposit rate may adjust to current market rate and may change daily. Fees may reduce earnings.

*Centime is not a bank and is not authorized by any federal or state agency to engage directly in core banking activities.
‍
*All banking products and services available through Centime are provided by FNBO and are governed by the applicable agreements and related disclosures provided to you by FNBO. Member FDIC.
‍
‍*While Centime facilitates traditional banking activities (such as the acceptance of deposits or extensions of credit), these services are actually provided by our banking partner, FNBO.
‍
*Centime may provide support services to FNBO, as permitted by applicable law, to facilitate the delivery of its bank products and services.

**Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network bank

CFO Dive Report: Gain Real-Time Visibility into Cash Flow

You may also like

Solutions

Features

Pricing

Integrations

Resources

Software Solutions

Company

Industries

Compare

Guides