Firms need better data for improved analysis: study
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Nisha Ramchandani
Singapore
ONLY 59 per cent of leading companies in Singapore have 30-day cashflow visibility, while the figure for 60-day cashflow visibility is even lower at 19 per cent, a survey said.
However, Singapore fares slightly better than the regional average, which puts the percentage of firms being able to forecast their cash obligations up to 30 days ahead at 50 per cent. For 60-day visibility, the regional figure is also at 19 per cent.
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