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Date: 2009-02-16

Type: Metric of the Month

Finance Metric of the Month February 2009: Percent of Cash Transactions with Daily Cash Positioning and Funds Mobilization Automated

Treasury organizations must have real-time visibility into their global cash position to accurately forecast cash requirements, ensure liquidity and optimize the use of cash. Automated daily cash positioning improves efficiency by reducing the effort and the number of FTEs required to obtain this information; it also boosts treasury's effectiveness by improving its ability to manage liquidity and perform business analysis.

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The Hackett Group is a leading global strategy and operations consulting firm, with particular expertise in process benchmarking and process improvement. Leveraging the world's most comprehensive best practices benchmarking database, The Hackett Group provides clients with executive advisory programs as well as consulting for business transformation and process improvement initiatives. As a leading authority on performance benchmarking, we help clients select and apply process metrics across the enterprise, including HR metrics and IT metrics. We also provide expert support for service delivery model optimization, including offshoring, shared services, and outsourcing options such as finance outsourcing or procurement outsourcing.