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by Mark Masterson.
Original Post: Day Job: System Dynamics and Cash Management
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Nice writeup by Robin Bloor on a project that I am involved with at the Day Job (tm):
So what CSC has done is to build a fully fledged analytics capability that looks at the historical pattern of payments, analyzes the outstanding debt and balances everything – including balancing the cash management across multiple currencies and multiple accounting systems. You need to see the software to appreciate how smart it is, but in the end I guess, it’s just well engineered analytics. The business impact is a cash management capability that is dramatically more efficient than is currently deployed by companies and which rapidly pays for itself, by collapsing the need for short term loans.