As finance and treasury professionals are adjusting to the new remote reality, every company is undergoing some form of disruption. The global pandemic has near-term and medium-term impact on all aspects of cash management, especially accounts receivable. The question is- how could AR, AP and treasury teams collaborate today to get paid and optimize working capital in the midst of extremely volatile market dynamics. What role could technology play in helping them achieve these goals?
In this webinar, Kay Rogers, North America Financial Transactions Director at Ferrero, would share how she has leveraged technology to take better control of their cash conversion cycle and optimize working capital in the present day scenario. We will also review the results and implications of the weekly Global Crisis Monitor Survey that has been tracking the sentiments of hundreds of treasury leaders and the impact of COVID-19 on companies as we adapt to the new normal in real-time.
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.