Empowering cash managers to achieve cost savings by improving predictive accuracy

@inproceedings{SalasMolina2016EmpoweringCM,
  title={Empowering cash managers to achieve cost savings by improving predictive accuracy},
  author={Francisco Salas-Molina and Francisco J. Martin and Juan A. Rodŕıguez-Aguilar and Joan and Serr{\`a} and Josep Ll. Arcos},
  year={2016}
}
Cash management is concerned with optimizing the short-term funding requirements of a company. To this end, different optimization strategies have been proposed to minimize costs using daily cash flow forecasts as the main input to the models. However, the effect of the accuracy of such forecasts on cash management policies has not been studied. In this article, using two real data sets from the textile industry, we show that predictive accuracy is highly correlated with cost savings when using… CONTINUE READING
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