Intelligent Cash Flow Forecasting

Cash flow forecasting (CFF) allows businesses to estimate their cash positions in future to ensure better liquidity management and take efficient borrowing and investment decisions. The accuracy of the CFF is very critical as this drives the key business decisions for the startups and large companies.

Corporates are facing numerous challenges such as Inconsistent and Bad Data, Manual adjustments negatively impacts the actual narrative provided by historical data, Lack of standard templates & processes, Time consuming and tedious data collection and consolidation activities, etc.

Because of these challenges they often find difficult to arrive at accurate forecast and make appropriate decisions. This motivated us to address this problem by developing a solution which provides real time and accurate forecast built using machine learning models.

Intelligent cashflow forecasting solution by HCL aims at leveraging AI/ML algorithms to understand the historical data and arrive at accurate forecasts. This solution can be implemented as an extension to Fusion Cash Management which is currently implemented by banks to offer wide range of cash management services to Businesses. Once integrated with FCM, Businesses will have the access to AI driven cashflow forecasting, a hassle-free way of understanding their future cash positions.

Business Outcomes:

- Real time and accurate cashflow forecasting

- Prudent investing/borrowing decisions

- Better and improved understanding of payables and receivables

- Identification of Data Quality Issues

- Enabling better visibility for Executives through Intuitive Dashboards