Treasury and Risk Suite
Cash Forecasting Software
AI-based automated daily cash forecast for up to 12 months. Make data-driven decisions based on accurate future cash predictions.
Achieve up to 95% forecast accuracy.
Treasury and Risk Suite
AI-based automated daily cash forecast for up to 12 months. Make data-driven decisions based on accurate future cash predictions.
Achieve up to 95% forecast accuracy.
Auto-ML Models. Best-fit model selection using bank and ERP data. More
No-Code, Excel-like Platform. Build models, auto-generate and auto-consolidate forecasts. More
95% Forecast Accuracy. Improve ML prediction rates with custom data science models. More
Improve Decision Making. Perform what-if analysis. Build and compare scenarios. More
Analyze Historical Trends. Forecast vs Actuals variance with category level drill down. More
100% Bank Statement Aggregation. Access real-time bank and ERP data. More
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Disclaimer
The above estimates are based on Industry & HighRadius benchmarks with the assumption of using a single, integrated financial solution. These numbers are designed to be only directional in use. Individual results & performance may differ.
Return on Investment
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Potential Savings Annually
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Total Dollar Savings Per Year
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Configure custom views by bank, entity, currency, or region as per your need.
Utilize excel-like, math, and AI formulas to populate cash forecasts in your model.
AI-based forecasting for AR using bank statements, customer invoices, sales orders, promise-to-pay information, and other available data.
Automatic selection of the most suitable model for each time period in the forecast, adapting to changing patterns and improving forecast precision.
Execute scenarios on the fly to verify the changes to the base forecast, enabling faster decisions.
Drill down to view the underlying data behind the charts and grids. Explore to understand the child cash flow categories contributing to the parent forecast.
94%
Watch digital transformation experts from Genpact and HighRadius discuss use cases of AI in generating accurate daily forecasts and how it can reduce your cash conversion cycles.
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Download this ready-to-use template for treasury teams to track cash inflows/outflows, cash on hand and the closing balance on a daily, weekly, 13-week or monthly basis.
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Get insights on how AI is transforming AR and AP forecasting by predicting customer payment behavior and payment durations.
Download the EbookCash flow forecasting software is a tool used by businesses to predict future cash inflows and outflows based on historical data and projected financial activities. It helps organizations anticipate financial trends, manage liquidity, and make informed decisions to optimize cash flow management.
By analyzing factors such as revenue, and payment timelines, this software provides insights that help in budgeting, planning, and ensuring financial stability. It plays a vital role in proactive financial management, enabling businesses to adjust strategies and operations to meet their financial goals effectively.
Cash flow forecasts are vital budgeting tools by projecting cash inflows and outflows, enabling proactive financial planning and decision-making. They provide insights into future cash positions to optimize expenditures and investments, thereby enhancing overall financial management and stability.
Using cash flow forecasts alongside budgeting tools provides a comprehensive view of financial health, enabling businesses to allocate resources and manage cash flow efficiently. This proactive approach helps businesses foresee uncertainties, seize opportunities, and maintain financial stability over time.
Cash flow forecasts are pivotal in financial planning, offering insights into future cash movements based on projected income and expenses. The reliability of these forecasts depends on accurate data inputs and assumptions about market conditions and business operations.
Regular updates and scenario analysis help mitigate these risks, enhancing the forecast’s reliability and enabling businesses to adjust strategies promptly. Despite potential uncertainties, well-constructed forecasts remain essential for maintaining financial stability and liquidity. They empower businesses to make informed decisions, allocate resources effectively, and steer challenges with resilience, ensuring sustained operational success over the long term.
Yes, this cash flow software supports cash flow budgeting and forecasting. It allows businesses to create detailed cash flow budgets by tracking and managing cash inflows and outflows. This helps in anticipating future cash needs, ensuring liquidity, and making informed financial decisions.
Additionally, the software offers advanced forecasting capabilities, enabling users to predict future cash positions based on historical data and trends. This helps businesses identify potential cash shortages or surpluses, allowing them to take proactive measures. By using HighRadius cash flow software, companies can maintain financial stability and optimize their cash management processes.
A cash flow plan is essential for your business as it helps ensure you have enough funds to cover daily operations, pay debts, and invest in growth opportunities. By monitoring cash inflows and outflows, you can anticipate shortfalls, avoid financial crises, and make informed financial decisions.
Having a cash flow plan also aids in maintaining good relationships with suppliers and creditors, as it ensures timely payments. It helps you identify and address potential financial issues early, improving your business’s financial stability and profitability in the long run.
Cloud-based cash flow forecasting software is a powerful tool designed to predict future cash flows accurately. With intuitive features and advanced analytics, it helps businesses forecast their cash inflows and outflows, optimize liquidity management, and make informed, data-driven financial decisions to drive growth and profitability.
Cash flow forecasting tools offer businesses future cash flow predictions with up to 95% accuracy, empowering proactive decision-making for optimized liquidity and working capital management. Real-time insights, scenario analysis, and customizable AI/ML forecasting models enhance cash flow visibility, reducing idle cash by up to 50%, and increasing overall forecasting productivity by up to 70%.
Cloud forecasting software utilizes advanced AI/ML algorithms and real-time data analysis to accurately predict future cash flows. With customizable category-based forecasting models and intuitive dashboards, it empowers businesses to proactively manage liquidity, optimize working capital, reduce idle cash, and make informed financial decisions for sustainable growth.
The best cash flow forecasting software’s features include customizable advanced AI/ML category-based forecasting models, real-time data analytics, and intuitive dashboards for actionable insights. Its ability to integrate with ERP systems and various banks to provide accurate predictions helps businesses optimize liquidity, reduce financial risks, and drive profitability with confidence and precision.
The best cash flow software doesn’t have just one AI model for all cash flow categories; they offer an auto-ML system that reviews all prior bank transactions and selects the modeling method with the highest prediction accuracy for the category at that time. HighRadius is the best cash flow forecasting software due to its advanced AI for AR and AP cash flow categories.
Cash flow projection software seamlessly integrates with most ERP systems, including SAP, Oracle, NetSuite, Sage Intacct, Workday, and Microsoft Dynamics, among others. This integration ensures smooth data exchange between your ERP and cash flow forecasting software, allowing businesses to accurately predict cash inflows and outflows and make data-driven financial decisions with increased productivity.
The implementation time for a cash forecasting tool varies based on the complexity of your organization’s requirements. However, the HighRadius Speed to Value methodology guarantees swift implementation and ROI realization within 3 to 6 months, setting an industry benchmark. Our dedicated implementation team works closely with you to ensure a smooth transition with minimal disruption to your cash flow forecasting process.
Software for cash flow forecasting for enterprise and mid-market businesses seamlessly integrates with a wide range of banks and financial institutions. Our flexible integration capabilities ensure that payment information from all the industry-standard bank payment files and formats is captured, providing real-time visibility, accurate cash flow projections, and control over your financial transactions and balances, enabling you to make better liquidation decisions.
Cash flow forecast software needs to be designed for minimal IT involvement. With seamless plug-and-play integration into ERPs using real-time APIs and Hex (SFTP) connectors, along with pre-built modules and industry-specific best practices, customers can deploy HighRadius remotely with ease, reducing all IT dependencies.
Cash flow forecast software prioritizes data security and privacy, adhering to stringent industry standards such as GDPR, ISO, PCI DSS, HIPAA, and SOC. HighRadius employs robust encryption protocols and role-based access controls to safeguard your sensitive financial data, ensuring the utmost confidentiality and compliance with regulatory requirements.
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