Cashforce
Predict the future more accuratelyCashforce is an innovative Cash & Working Capital Analytics Platform, focused on automation and integration.
As a ‘next-generation’ Cash management solution, Cashforce helps finance/treasury departments save time and money by offering accurate Cash Flow Analytics, Cash Flow Forecasting and Working Capital Analytics. Cashforce is unique in its category, because it allows users to drill down to the transaction level details and the system integrates seamlessly with ERP systems & banking systems. In addition, an intelligent (AI-powered) simulation engine enables companies to consider multiple cash flow scenarios and measure their impact. As a result, finance / treasury departments can be turned into business catalysts for cash generation opportunities throughout the company. Vertical Divider
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FEATURED SESSIONS
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An intelligent forecasting engine to drive up accuracy
Cashforce uses an intelligent forecasting engine to process the incoming data. By applying a layer of Smart Logic, the cash forecasts become significantly more accurate. Some examples of logics that might be taken into account:
Cashforce as a workflow management tool
Cashforce has a built-in workflow mechanism, making it possible for other persons to keep track of the cash flow forecasting process. Per reporting group, it is shown when and if a cash forecast of an entity has been uploaded in Cashforce. A detailed calendar is available to all Cashforce users & is managed by the organization’s HQ. The workflow management mechanisms also allows to set automated reminders & notifications.
Compare the actual cash flows with the forecasting cash flows
Cashforce has a very powerful forecast vs. actuals comparison. Users are able to drill down to find the root cause of a potential delta and learn from these differences. Multiple forecasted scenarios can be compared to the actual flow to have an even better idea of where to improve.
Simulate multiple scenarios based on different assumptions
The intelligent simulation engine helps users to gain insights in the future and model different scenarios by changing the underlying assumptions. By adapting these assumptions (e.g. changing payment terms of suppliers and clients, loans, historic payment behavior of clients, etc.), users will have an immediate idea of the impact on the future cash.
Cashforce uses an intelligent forecasting engine to process the incoming data. By applying a layer of Smart Logic, the cash forecasts become significantly more accurate. Some examples of logics that might be taken into account:
- Timing of the Payment runs;
- Actual customer payment behavior (if relevant for some flows)
- Historical flows (if relevant for some flows)
- WIP (if taken into account) …
Cashforce as a workflow management tool
Cashforce has a built-in workflow mechanism, making it possible for other persons to keep track of the cash flow forecasting process. Per reporting group, it is shown when and if a cash forecast of an entity has been uploaded in Cashforce. A detailed calendar is available to all Cashforce users & is managed by the organization’s HQ. The workflow management mechanisms also allows to set automated reminders & notifications.
Compare the actual cash flows with the forecasting cash flows
Cashforce has a very powerful forecast vs. actuals comparison. Users are able to drill down to find the root cause of a potential delta and learn from these differences. Multiple forecasted scenarios can be compared to the actual flow to have an even better idea of where to improve.
Simulate multiple scenarios based on different assumptions
The intelligent simulation engine helps users to gain insights in the future and model different scenarios by changing the underlying assumptions. By adapting these assumptions (e.g. changing payment terms of suppliers and clients, loans, historic payment behavior of clients, etc.), users will have an immediate idea of the impact on the future cash.
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WHEN CASH IS KEY................
Cashforce is a ‘next-generation’ Cash forecasting & Working Capital Analytics Platform, focused on automation and integration – bridging the gap between finance, AR/AP and treasury.
Download our brochure to find out more |
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