How AI Enables Accurate A/R Forecasting


Effective ways for Treasury to optimize liquidity through accurate Accounts Receivable forecasting

Contents

Chapter 01

Best Practices to Improve A/R Forecasting

Chapter 02

How Accurate A/R Forecasting Helps Optimize Liquidity

Chapter 03

How AI Enables Accurate A/R Forecasting

Chapter 04

About Treasury Solutions
Chapter 03

How AI Enables Accurate A/R Forecasting


Under the hood – how AI automates A/R cash forecasting and generates accurate forecasts
How AI Enables Accurate A/R Forecasting

Real-time Revision of Cash Forecasts:

Forecast and reforecast in real-time to get accurate forecasts

Granular Visibility into A/R Cash Flows:

Track A/R at regions, entity, company, customer and invoice levels

Predict Payment Date with Accuracy:

Predict when an invoice is going to be paid by analyzing customer payment patterns

Recommendations

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HighRadius Integrated Receivables Software Platform is the world's only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Integrated Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway - covering the entire gamut of credit-to-cash.