A reliable forecast is a good basis for decision-making. Since securing liquidity is an important element of the finance process, it makes sense to implement a robust and efficient methodology to predict financing needs. Weaknesses in the process arise when gaps or errors in the collection of the data lead to expensive planning errors and, in extreme cases, even bankruptcy. If you create your overviews in a (complex) spreadsheet, subsidiaries usually report their financing needs by e-mail or they collaborate with you via a shared spreadsheet, allowing you to determine a ‘financial status’ once a week. Since many companies are financed with external funding, liquidity is often tight. To prevent unnecessary liquidity bottlenecks due to the interest associated with borrowing, tailor-made planning makes sense.