Late last year, Strategic Treasurer released a "Cash Forecasting & Visibility" survey that found corporate treasury teams are eager to modernize their cash forecasting capabilities.

Collecting the opinions of approximately 250 respondents from across the global treasury landscape, the survey captures a push by treasury professionals to harness modern technologies and practices in pursuit of more efficient, accurate, and complete visibility into their cash flows. Fifty-nine percent of survey respondents said their organization is placing increased importance on cash forecasting this year, while 27 percent went as far as to call it a "significantly important" focus for 2022.