Bring cash balances, receivables, payables and forecasts across entities into a connected financial view.
The answers usually exist, but in separate places. Bank balances arrive independently of outstanding receivables and payables. Forecasts are maintained in local spreadsheets. Changes to collection and payment dates reach finance through the teams responsible for each business.
Preparing the group view requires another round of checks: whether an obligation is still outstanding, whether an expected receipt has already been recorded, and whether every entity is reporting to the same cut-off date. Much of that work begins again at the next review.
For the CFO, this leaves less time to assess the position itself. Before discussing liquidity or payment priorities, the team must establish which figures are current and consistent.
NOVV connects approved financial sources and builds the view around how the group manages liquidity.
Cash balances, payment obligations and expected receipts are organized by entity, account, currency and period. Definitions, matching rules and the treatment of intercompany items are agreed with the finance team.
The consolidated position can be examined through the individual entities and records that contribute to it. Source information, reporting dates and update times remain available. Missing data and unreconciled items are clearly identified.
This matters when the group has sufficient cash overall, but an individual entity has obligations falling due before its expected collections. The distribution of funds, currencies and payment dates determines where attention is needed.
Forecasts are connected to available records and explicit assumptions about future cash movements. Finance can investigate why the projected position has changed and, where included in the agreed scope, assess the effect of changes to collection or payment timing.
In March 2024, Amazon reported that rebuilding the service its accounting teams use for account reconciliations cut one reconciliation workload from 5 days to 26 minutes.
This is an external industry example, not a NOVV project or a forecast of results for a NOVV engagement.
A forecast may change because of a new expense, a delayed collection or a correction to an earlier record. The cause matters to the decision.
NOVV preserves the connection between reported amounts and their sources. Recorded transactions remain distinguishable from expected movements, with assumptions and adjustments available for review. Exceptions can be investigated and followed up according to agreed responsibilities.
Access and review procedures follow the organization's control requirements. Finance retains responsibility for interpretation, corrections and approvals.
The work can be assessed through preparation time, manual reconciliation effort, coverage of entities and accounts, the age of unresolved exceptions and forecast accuracy over an agreed horizon. These measures show whether finance is spending less time assembling the position and has a more dependable basis for assessing its implications.
An existing liquidity report or cash forecast provides the starting point. We assess how it is prepared, which checks it requires and where information arrives late. From there, we define the sources, rules and system scope around the decisions it needs to support.