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  • ERP
    May 21, 2013

10 Innovations in PeopleSoft 9.2 - #5 Optimizing Liquidity with PeopleSoft Cash Management 9.2

Guest Author

Liquidity is the holy grail of cash management. Optimizing
liquidity is a daily challenge for Cash managers. They have to maintain that
delicate balance between having enough cash to make their payments without
having too much cash sitting idle in low interest vehicles. PeopleSoft Cash
Management 9.2 delivers the much improved Cash Positioning and Forecasting tool
to help address this challenge.

Residing in the enterprise makes it really easy for the Cash
Position Worksheet to gather transactional data from the entire enterprise.
Payments, Receipts, Purchase Orders, Payroll amounts are all directly
accessible from Accounts Payable, Accounts Receivable etc. Delivered views
enable the Cash Position to access this data from their respective sources.
This information is processed against the imported bank statement to get an
accurate snapshot of the corporate cash balance position.   What about
about the transactions that are not in PeopleSoft that you would want to be
reflected in the Cash Position?  PeopleSoft Cash Management 9.2 delivers web services that allows third
party data to be brought into the cash position very easily.

We also understand that you want to analyze your cash
position across different parameters like Bank Accounts, Currencies, Business
Units and more. Instead of creating different worksheets for each of these
parameters, our Cash Positioning tool can slice and dice the numbers across
four delivered dimensions of Bank, Bank Account, Currency and Business Unit. In
addition, users can define their own dimensions for their analysis.

To round this off, there are representative charts to
display your numbers on the Cash Position page; a trend analysis graph to show
your numbers over the next month and a pie chart to show how the numbers are
split up.

Salient features of this tool are

  • Single
    worksheet that gathers transactions from the entire enterprise
  • 7 day
    forecast in one single screen
  • Drill
    down to the transaction from the worksheet itself
  • Graphical
    trend analysis
  • Pre-calculated
    numbers that can be sliced and diced across various dimensions

The calculated worksheet can be used for several purposes –

  • Accurate
    Snapshot of Cash Balances
  • Comparison
    of Actual vs Forecast
  • What
    if Analysis with weighted changes to calculated numbers



Accurate, integrated, enterprise-wide cash forecasting is an
ongoing challenge facing Cash Managers around the world. PeopleSoft Cash
Management 9.2 provides leverage to the Cash Manager by providing a collection
area for all banking activity, and that activity can be recognized as inflow
versus outflow when it comes to cash. Optimizing liquidity is critical and it
is now something that can be managed through PeopleSoft Financials.

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