The July 2022 Aite-Novarica report Daily Cash Management: How Cash Managers See Into the Future by Paul Kizirian explores the practices, challenges, and opportunities in managing daily cash positions. It emphasizes the importance of trust, relationship-based data aggregation, and accurate forecasting to optimize liquidity. The report covers core functions like accounts payable, receivable, payroll, intercompany borrowing, and bank reporting, highlighting triggers for ad hoc activities. It also outlines how banks can support cash managers, offering a checklist of key considerations to enhance forecasting accuracy, operational efficiency, and financial decision-making.

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