A High Level Cash Flow Forecast is an estimate of the future cash position of a business based on current and anticipated financial activity. It is used to anticipate peaks and troughs in cash and develop strategies to reduce risk. By assessing potential sources of income and expenditure, it provides deeper insight into the impact of decisions on the cash flow of an organisation. It also helps organisations plan ahead and remain competitive by allocating resources to areas that can generate the greatest value. With rigorous management and accurate forecasting, businesses can stay one step ahead of the competition and proactively manage their cash flow.