Using AI for improved cash flow forecasts

In today’s complex financial world, treasurers are no longer content simply to operate in the background and crunch numbers. Instead, they are becoming architects of financial strategy, balancing risk, liquidity and innovation to secure the future of their company. Whether it is harnessing the possibilities of technology, refining cash management techniques or managing currency volatility, these financial stewards are continuously developing their methods. Every treasurer brings their own perspective and thereby shapes how companies prepare for the challenges of tomorrow while at the same time driving today’s success.

One significant area of this development is cash flow forecasting, an essential function for any treasury team. Accurate forecasts secure liquidity and enable well-founded financial decisions. Artificial intelligence is proving to be a transformative tool here, considerably improving the accuracy and efficiency of this process. In the next version of the S/4 Cash Suite, BDF will equip its products “Cash Position Cockpit (CPC)” and “Liquidity Planning Cockpit (LPC)” with AI capabilities.

We look forward to sharing our approaches with you. Contact us at any time.

Michael Völkl and Thomas Dohmen