Autonomous Treasury
AI-Powered Solution for Global Cash Visibility and Accurate Cash Forecasting
Companies can be classified into two types based on their cash position:
Based on cash position and financial situation, the drivers influencing the purpose, accuracy, and frequency of cash forecasting vary.
Learn the key differences between the two types of companies in detail:
The key steps to make effective decisions during a cash deficit situation are as follows:
Cash deficit companies must find creative ways to extend payables, especially when their A/R is less than A/P.
Ways to extend accounts payable are:
A revolving type of credit is a useful facility for businesses experiencing sharp fluctuations in cash flow and some unexpected large expenses. But, cash deficit firms might overdraw from their credit facility due to irregular tracking of the balance left in the revolver.
The balance can be tracked in the following ways:
Review the line items to identify areas to trim costs that deplete savings. Thus a cash deficit organization must explore new ways for cutting costs tactically to liberate from negative cash flow.
This can be done in the following ways:
Emergency funds help fund basic financial needs during hardships like pandemics, recession, etc.
The necessary steps to plan an emergency budget are:
It is crucial to negotiate early payment terms to collect A/R early from the customers.
This can be done in the following ways:
Automate cash forecasting and cash management with our AI-powered Treasury suite and experience enhanced end-to-end cash flow visibility
Talk to our expertsThe HighRadius™ Treasury Management Applications consist of AI-powered Cash Forecasting Cloud and Cash Management Cloud designed to support treasury teams from companies of all sizes and industries. Delivered as SaaS, our solutions seamlessly integrate with multiple systems including ERPs, TMS, accounting systems, and banks using sFTP or API. They help treasuries around the world achieve end-to-end automation in their forecasting and cash management processes to deliver accurate and insightful results with lesser manual effort.