Manage Strategy: AR / AP Assumptions

ProfitSee’s Three-Way Cash Flow forecast doesn’t only allow you to generate three-year cash flow forecasts, but also enables you to add strategies to the forecast. Learn how to modify AR / AP assumptions.

Before starting to add strategies, make sure you already created a baseline projection. For more information please read the article Using Three-Way Cash Flow Forecasting.

 

AR /AP Assumptions

 

1. To add a strategy go to the Forecasting Tab and choose the 3-Way Cashflow Forecast, and click on "Manage Strategy". Our pre-built templates appear, and you can choose the strategy you would like to add. 

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2. To see the impact on the cash flow forecast by modifying aging receivables and payables assumptions, click on "AR / AP Assumptions". 

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3. For both aging receivables and aging payables, you can forecast an assumed percentage of bills/invoices will be either paid or collected in a certain amount of time.

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4. Once finished, click "Save" to view a comparison of the forecast with your new strategy and the baseline performance forecast. 

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Thanks for reading! If you have any further questions, please contact your account manager or feel free to reach out to our support team at support@myprofitsee.com