Complimentary Webinar

The Evolution of Cash Forecasting at Harris Company


Coery Henne

Project Accountant + Planning Analyst, Harris

Bernice Van Der Velden

Functional Consultant, HighRadius

What you'll learn

  • Understanding direct vs indirect cash forecasting methods
  • Cash forecasting process at Harris
  • Benefits of using Artificial Intelligence

About the Webinar

Harris company observed high variance in their forecasts due to a large number of construction projects and no drill-down capability.

Join Corey Henne, CPA, and Bernice Van Der Velden as they explain how Harris leveraged AI-enabled cash forecasting to provide better cash visibility and optimize liquidity.

About HighRadius

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.

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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.