Cash flow management made easy
Any risk management process is based on the identification of the exposures which need to be managed. These exposures are derived directly from a cash-flow-oriented planning process, i.e. liquidity planning.
COMPIRICUS supports companies from the financial services industry and from other industries in implementing an up-to-date and efficient liquidity planning. Its approach is based on the following guiding principles:
Completeness
- Identify all planning sources (investment management, business operations, underwriting, other cash flows)
- Derive cash flows where they cannot be directly utilized (e.g. underwriting)
Parameterization
- Determine planning parameters (horizons, frequencies, time slices)
- Analysis and implementation of stochastic methods for modelling target figures
- Initiate an ongoing comparison between budget and actual figures or back-test of the target figures
Organization
- Draft and agree the liquidity planning process
- Document the planning process preparing guidelines and instruction
- Communicate the process within the company
System support
- Check the existing system landscape and existing planning tools
- Define a target landscape and provide support in system selection, if required
- Implement a modern Business Warehouse (BW) system solution (e.g. SAP BPC) or appropriate enhancements including any interfaces required
With our support based on these principles, you will have a complete overview of the significant payment flows within your company. With an easy-to-use system, you can display these payment flows at any time in different parameterizations and use these as the basis of your risk management:
