Cash Forecasting has been the #1 priority for treasury since the past two decades. However, treasurers are still not satisfied with the accuracy and frequency of the spreadsheet-driven forecasts. According to a survey, treasurers are using less than 10% of available data to make their cash forecasting decisions.
So how do you ensure that the data collected is enough to produce accurate forecasts?
Join this 30 mins webinar where Juan Saudino, VP – Professional Services, HighRadius and Anupam Kunwar, AVP – Data and Analytics, HighRadius examine real-life scenarios where companies across industries are leveraging data to build better cash forecasting models.
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.