Autonomous Treasury for Cash Forecasting

AI-based Cash Forecasting Software

Maximize working capital by building accurate and continuously improving cash flow forecasts

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Cash Forecasting Automation Benefits

Solution Overview

Key Product Features

Success Stories

Resources

Increase in the efficiency with centralized data management

Streamline cash forecasting by consolidating cash data from multiple sources into a single, user-friendly dashboard. This eliminates errors and reduces time spent in manual data entry.

By consolidating cash inflows and outflows data it reduces time to forecast and enables to make critical decisions faster for cash repatriations, pooling and hedging over short term and long term.

With scenario analysis, simulate the financial outcome of a business decision likes increasing expenses, losing a major customer, impact of sales, taking out a loan, and more to assess different strategies; and impact on cash flow

Multiple users can access, edit, and share data based on the restricted acess provided, in the AI-based cloud platform ensuring conitnuous updates and providing real-time insights to stakeholders to make confident investment and borrowing decisions.
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Cash Forecasting Cloud Overview

Collections Flow Diagram
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Key Product Features

Connect with Your Sources

Seamlessly integrate with banks, ERPs, and financial systems to automatically import data

Variance Analysis

Automated variance analysis compares forecast, budget, and actual data to improve accuracy by identifying the key drivers

Scenario Planning & Analysis

Build efficient forecasts across a range of scenarios and compare the effects of business decisions against the baseline forecast

Snapshot Comparisons

Create snapshots of different forecasts, scenarios and compare them for detailed, category-level analysis

Global Forecast with Drill-Down

Gain insight into global cash flow trends and drill down into each category to uncover hidden cash flow opportunities

AI-enabled Cash Forecasting

Monitor cash flow trends, predict their direction, and create accurate forecasts with valuable insights

Collaborative Workspaces

Grant users role-specific access, and facilitate effortless collaboration using a spreadsheet-like work environment

Connect with Your Sources

Seamlessly integrate with banks, ERPs, and financial systems to automatically import data

Automated variance analysis compares forecast, budget, and actual data to improve accuracy by identifying the key drivers

Build efficient forecasts across a range of scenarios and compare the effects of business decisions against the baseline forecast

Create snapshots of different forecasts, scenarios and compare them for detailed, category-level analysis

Gain insight into global cash flow trends and drill down into each category to uncover hidden cash flow opportunities

Monitor cash flow trends, predict their direction, and create accurate forecasts with valuable insights

Grant users role-specific access, and facilitate effortless collaboration using a spreadsheet-like work environment

Want to create forecasts more accurately and share business intelligence rather than just numbers?

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Success Stories

94%

From a low-accuracy guesswork forecast model to a 94% accurate forecast model

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15 hrs/mo

Harris Co. increased their forecast frequency yet saved more than 15 hrs/mo for strategic decisions.

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An Integrated Treasury Platform

Optimize Your Financial Decision-Making with a Unified and Streamlined Treasury Management Platform

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Resources

HighRadius Deduction Automation Datasheet

HighRadius Cash Forecasting Datasheet

The datasheet showcases how the HighRadius solution can help transform cash forecasting into a strategic powerhouse
Download the Datasheet
Accounts Receivables Dispute Management

Excel Template For Cash Forecasting Automation

This package offers pre-made cash forecasting templates to simplify and streamline the process across different time horizons
Download the template
Resolving Deductions 2x Faster

Working Capital Management: A Winning Case for the CFO's Office

This whitepaper explores common challenges CFOs face when developing proactive working capital management strategies
Download the whitepaper

Frequently Asked Questions

What level of control and flexibility can we exercise on the forecast the software creates?

The Cash flow Forecasting software is made to be highly configurable and adaptable, allowing users to set up rules and parameters that reflect their unique business needs.

The solution offers pre-built connectors with the major ERPs to reduce the IT effort while setting up the integration. Additionally, we provide a dedicated implementation team to do most of the heavy lifting.In general, our Cash Forecasting tool is designed to be user-friendly and requires minimal IT involvement once it is set up and running.

To create a cash flow projection, you can either use a spreadsheet, document, or software that will provide easy-to-use templates and can even keep track of your cash flow automatically.

Currency rates are typically maintained through integration with a third-party service that provides real-time foreign exchange rates. These rates are updated regularly to reflect the current market conditions.

Cash flow forecasting is made up of numerous workflows, data inputs, communications, and reporting activities. Automation of the cash forecasting process can relate to either the complete process being automated or only the individual steps.

The best method to track cash flow is by upgrading to software that will provide you with a more comprehensive and accurate cash forecast by collecting all the inflows and outflows of cash for the upcoming weeks or months.