Finance 2.0

Finance 2.0

Objective: Provide the finance management team with a single, up-to-date view of how much cash the company has today, where it is held, and how much will be available in the short term.

Key Indicators

• Total cash and cash equivalents, consolidated in euros, with the date and time of the last update.
• Balance by bank, account, and currency, with the equivalent value in euros at the current day's exchange rate.
• Available balance (excluding blocked funds, outstanding cheques, and unused credit facilities).
• Credit facilities and financing: limit, amount used, and amount available.

Short-Term Outlook

• Expected cash receipts and payments over the next 7, 30, and 90 days.
• Projected cash position at the end of each week, with an alert if it falls below a predefined minimum threshold.
• Cash balance trends over the last 30 days, compared with the previous period.

Features

• Filters by entity, bank, account, currency, and period.
• Alerts when the balance falls below the minimum threshold.
• Export to Excel or PDF.
• Role-based access, as the data is sensitive.

Non-Functional Requirements

• Updates at least daily, ideally automated using bank statements.
• Figures must reconcile with the accounting records, with reconciliation status clearly visible.
• Audit trail recording who accessed the data and when.