Speakers
HNTB has 1800 projects involving 1800+ contracts, clients, and performance data at any given point of time, with time and resources constraints it was impossible for them to perform the bottom-up approach of the cash forecasting.
Join Bryan Lambkin, and Tracey Knight as they explain how Artificial Intelligence improves Cash Forecasting by:
1. Automating the generation of forecasts at individual department, unit, and regional level
as well as rolling up these forecasts into the central level
2. Automatically improving the accuracy of the forecast through continuous variance
analysis and optimization at all levels
3. Taking treasurers into the digital age where they spend time only on analyzing the output instead of manual tasks
HighRadius’ Award-winning AI-enabled solutions power 200+ Fortune 1000 companies to optimize their Order-to-Cash and Treasury Process. HighRadius’ Autonomous Systems, comprising of Integrated ReceivablesTM , Cash Forecasting Cloud, RivanaTM and FreedaTM , use AI-powered technology and digital assistants to improve Receivables and Treasury processes beyond best-in-class industry benchmarks.
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.
