Simplify Your Company’s Cash Flow Forecasting With C2FO

Our platform makes it easier to see how incoming payments could affect your cash position. 

Cash flow forecasting can give your company critical insights into its risks and opportunities. But it isn’t always easy to build a forecast.  

With a cash flow forecast, you can see if the company will experience a shortfall in the coming weeks or months. It can show you if the business will have enough funds to meet its debt obligations. Eyeing an expansion? A cash flow forecast will help you understand if the business has enough incoming funds to support the initiative. 

A good forecast requires good data, however, and sometimes that can be hard to acquire. It isn’t always clear if a customer’s payment will arrive on time or if it will be late. And that can greatly affect the forecast’s accuracy.

That’s why 93% of surveyed treasurers said data issues related to cash flow forecasting were a constant problem, according to HSBC’s Corporate Risk Management Survey 2024. A lack of good data led many to experience shortfalls or borrow more than necessary. 

If your company uses C2FO, though, there are several ways you can simplify your cash flow forecasting and acquire the information necessary to make smart decisions quickly. 

Control when you get paid

Some of the world’s largest enterprises upload their invoices to C2FO’s platform where companies can request early payment in exchange for a discount. The earlier the payment, the larger the discount. 

Your company can set the size of the discounts it’s willing to offer. If you don’t want to accelerate customer invoices, you don’t have to. If you need to bring in payments faster, you can offer a more attractive or competitive discount. 

And that can be very helpful for cash flow forecasting. There’s less guessing about when funds will arrive.  

Gain more insight into invoice status

Many companies have multiple enterprise customers that use C2FO. Invoice Central, a powerful feature on C2FO’s platform, will show all your uploaded invoices from all participating customers in one place, along with their expected payment dates. At a glance, you can see how much you could potentially receive in early payments, enabling more thorough scenario planning. 

Invoice Central also gives updates on your invoices, letting you know if a discount offer has been approved or turned down. 

You also can download this data as a CSV file for analysis with other software. 

Get early warning about missing invoices

Your customers aren’t required to add all their invoices to C2FO’s platform, but many do. If you see that an invoice hasn’t been uploaded, that could be a sign that something has gone wrong. Maybe you sent the invoice to the wrong person, or the customer has misplaced it. 

Because you notice this early, you can ask the customer about it ASAP instead of waiting until the due date and then trying to correct the problem, leading to even more delays. 

Sharpen your cash flow forecasts with C2FO

If your company wants to improve its cash flow forecasting, C2FO can help. Learn more about our solutions here, and contact our team for more information.