Artificial Intelligence is now being hailed as the Fourth Industrial revolution!
While the influence of the steam and electric revolutions was limited to the shop floor, it was the IT revolution that first altered the working habits of Treasurers. ERPs, TMS, and spreadsheets improved information access, eased collaboration, and improved efficiencies. The result was improved cash-flow forecasting, both a key driver to achieving precise working capital management and reaching treasury objectives.
Today, Artificial Intelligence and automation are combining the skills of a computer and humans to once again reinvent Treasury functions such as cash forecasting, risk management, and cash management. What does this mean for the future of a Treasurer? Join us in the 20-minute webinar where experienced Treasury professional and AI expert, Tracey Knight would be using AI-enabled Cash Forecasting as an example to give an end to end explanation of the New Cash Forecasting process.
The HighRadiusTM Treasury Management Applications are uniquely powered by an Artificial Intelligence technology created exclusively to redefine the forecasting, bank reconciliation, and cash management processes, so that treasurers spend less manual effort but extract better outcomes such as making more accurate cash forecasts across all cash flow categories, increased forecasting frequency and variance reporting, gaining instant visibility into real-time cash positions across bank accounts at any level and achieving 99%+ straight-through reconciliation of bank statements without human intervention. The solutions are delivered via the cloud which enables them to be seamlessly integrated with multiple systems including your ERP, TMS, accounting systems, and banks instantly and simultaneously.