Cash Forecasting Treasury

Improving Cash Forecasting: Artificial Intelligence As an Enabler

What factors make forecasting accounts receivable & accounts payable so challenging
Factors causing unpredictability in accounts receivable & accounts payable
How AI-enabled cash forecasting help treasurers achieve accurate cash forecasts

Contents

Chapter 01

Why Is Forecasting A/R and A/P Challenging?

Chapter 02

Improving Cash Forecasting: Artificial Intelligence As an Enabler

Previous Chapter

Chapter 02

Benefits of Using Artificial Intelligence for Cash Forecasting

Transformation for Digital Treasury Starts with the Following Steps

CONSIDER AUTOMATION
AI, when combined with TMS systems, Bank Systems and
ERP systems can substantially improve the quality of the
forecasts produced.
SEE THE BIG PICTURE
Automate part or all of the process to reduce the risk of
human error, thereby improving confidence in the forecast.
ANALYZE THE DATA
Observe data from a high-level view across different
categories and regions.
MAKE STRATEGIC DECISIONS
Move from data entry and model creation to being strategic
contributors in the CFO’s office.

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The HighRadius™ Treasury Management Applications consist of AI-powered Cash Forecasting Cloud and Cash Management Cloud designed to support treasury teams from companies of all sizes and industries. Delivered as SaaS, our solutions seamlessly integrate with multiple systems including ERPs, TMS, accounting systems, and banks using sFTP or API. They help treasuries around the world achieve end-to-end automation in their forecasting and cash management processes to deliver accurate and insightful results with lesser manual effort.