Consultant Phil Billingham doesn't know why the 'myths' about cashflow modelling persist, but they do...
We spend much of our time speaking to financial planners and those wanting to move to a financial planning model. One of the core skills and processes at the heart of this model is cashflow modelling. This is often called cashflow forecasting and the difference in language is significant, I believe. Let's be clear, most people ‘get it' and successfully go on to use either one of the very good commercial tools out there, or to build their own. It's interesting to see new entrants to the marketplace, which suggests that more and more firms are using these valuable tools. So why doesn...
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