5 Innovations That Simplify Cash Forecasting When Working From Home (WFH)

About The Webinar

The global COVID pandemic has unleashed so much economic volatility that CFOs are now tasked with two main challenges: ensuring business continuity and maintaining healthy working capital. With sinking revenues and shrinking margins, Treasury is expected to vaccinate the company against working capital failures by bringing their A-game to cash forecasting and proactively mitigating possible risks – all of this while working from home!

But how can treasury meet deliverables when constrained by a remote workforce?
Join this webinar to understand how treasury professionals are leveraging technology to deliver high-accuracy cash forecasts in the (dis)comfort of their homes so that more time is spent on managing working capital and making strategic decisions instead of gathering and consolidating data.

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HighRadius Cash Forecasting Cloud – an advanced forecasting system – leverages the proven RivanaTM Artificial Intelligence (AI) platform to provide the most accurate cash flow forecasts – right from a ledger account level and rolling up to the organizational level. Delivered as a Software as a Service (SaaS), the solution seamlessly integrates with your company’s ERPs, accounting systems, banks and order management systems. Multiple AI and Machine Learning algorithms process datasets including bank statement inflows/outflows, sales orders/customers invoices, purchase orders/vendor invoices and expense reimbursements for comprehensive as well as accurate cash flow forecasts. The closed-loop, machine learning feedback system ensures that the forecast models become more accurate with time.