Saturday, 28 December 2024

Best Treasury Management Solution - “CashPro® Forecasting” from Bank of America

5 min read

By The Asian Banker

Launched to generate reliable cash flow forecasts that helps anticipate liquidity needs and determine financing strategy, this solution leverages artificial intelligence and machine learning to produce automated report on a company’s cash position on a regular basis. The module automatically pulls data from third-party data sources to provide multi-banking reporting. The client adoption rate for this solution grew by more than 100% within the first six months of the launch. 

For automating and speeding up previously manual processes to produce timely and accurate cash flow forecasts, the Best Treasury Management Solution goes to “CashPro® Forecasting” from Bank of America. 

For full evaluation criteria and scorecard for Transaction Finance Awards, please visit
https://www.asianbankerawards.com/transactionfinanceawards/criteria.php



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