PwC’s CFO survey stated that 60% of finance professionals consider AI-enabled treasury automation to be a priority in the next 2-3 years.
However, treasuries exhibit a degree of resistance to technology adoption especially with respect to cash forecasting because of the lack of information on the phases of solution implementation, the efficacy of automation, and the ROI it can truly generate.
Join us in our 30-min webinar where experienced Treasury practitioner and AI-technology expert, Tracey Ferguson Knight explains what a treasurer can expect while adopting a cash forecasting automation solution and explain how to navigate through the adoption challenges, with ease.
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.