Post by Finmo
23,174 followers
Your cash forecast is only as good as your cash visibility. Most startup finance teams get this backwards. They invest in forecasting tools, build sophisticated models, stress-test scenarios, and then base all of it on a cash position from three days ago. If the inputs are broken, the outputs will be too. The most frustrating aspect of this is that the problem usually doesn't surface until it's too late for a CFO. š£ A board question you can't answer š£ A shortfall you saw coming a week too late š£ A month-end close that took days more than it should have By the time these become real problems, they've usually already been compounding for months or longer, quietly bleeding your company. The fix isn't a better spreadsheet. It's asking a different question. And it's getting visibility before forecasting. We write about the 5 most common signs your startup is flying blind on its cash position, and what the smartest finance teams we've spoken to do differently. Read it here: https://lnkd.in/grVdNEUg