Real-time data-driven forecasting
Forecast empowers treasury by integrating seamlessly with the ERP landscape for trusted cash forecasting.
Let's see the features...
Secure, real-time integration
Forecast’s proprietary integration engine
handles the extreme volume of ERP
data and translates this into an efficient,
actionable cash flow position.
Added intelligence
Forecast uses advanced statistical
and machine learning techniques
to translate observable
counterparty behaviour into an
accurate cash flow forecast.
Embedded
analytics
Data visualisations and calculation
logs surface underlying behavioural
metrics to the user explaining how
the forecast has been generated
from the data.
Focused insights
Materiality measures draw
focus to key cash drivers and
user forecast enhancement
allows targeted management
of data that matters the most.
Frequently asked questions
Forecast allows invoice data to be extracted from your ERP(s) and aggregated into cash flows based upon definable rule sets. The solution includes an embedded smart invoice due date prediction engine that selects the best-fit statistical or machine learning model at the customer and vendor level to determine the most probable value dates based upon observable behaviour. This results in a significant increase in due date accuracy compared to a simple payment terms applied date used in traditional interfaces.
The solution allows users to drill down, within one or two clicks, from a summary cash forecast position overview into detailed customer and vendor insights. These dedicated views visualise invoice data and other working capital metrics in a clear and concise way, providing more understanding and trust for treasury users with the cash forecast who would not otherwise have ERP based data insights readily available.
The solution has an embedded extraction toolkit which allows customers to build and layer in only the most meaningful data. As part of our deployment approach, Forecast enables the user to onboard and analyse key aspects, such as the materiality of the forecast drivers, which facilitates a better understanding of the data and setup required to achieve the best outcome.
The Forecast integration engine allows for anything from event-based, real-time processing to managed scheduling for a near-real time, hourly or longer batch processing horizon of the integration process. This can be setup to meet the specific needs of the cash forecasting requirements of your organisation.
Yes. Forecast allows data to be extracted from one or many ERPs and consolidates that information before sending for further processing to the cash flow aggregator and smart prediction engine.
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