Use of AI for improved cash flow forecasting

A turning point for treasury teams

In today's complex financial world, treasurers are no longer content to work behind the scenes crunching numbers. Instead, they are becoming architects of financial strategy, balancing risk, liquidity and innovation to ensure their organization's future. Whether it's harnessing the power of technology, refining cash management techniques or managing currency volatility, these finance leaders are continually evolving their practices. Each treasurer brings their own perspective, shaping how businesses prepare for tomorrow's challenges while driving today's success.

A significant area of this development is cash flow forecasting – an essential function for any treasury team. Accurate forecasts ensure liquidity and enable informed financial decisions. Artificial intelligence is proving to be a transformative tool in this regard, significantly 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 functionalities.

We look forward to sharing our approaches with you. Feel free to contact us anytime.

Michael Völkl and Thomas Dohmen