On May 15, Cashforce will be at Eurofinance Strategic International Treasury Conference in Miami. If you happened to be here, we are more than happy to talk with you!
Join our speaking session at the Conference: May 15th at 4:40 PM – 5:30 PM
Session topic: Building a smarter cash cycle
AI/machine learning works best when there is plenty of data to work from and when automation is already somewhat advanced. The order-to-cash cycle is one such area and an increasing number of AI-aided solutions now exist across functions from order to fulfilment to payment reconciliation. AI solutions can recognise order information across multiple channels; they can improve invoicing efficiency; they can detect fraud; they can improve collections by analyzing customer payment data and intelligently changing invoice timings or terms.
Treasurers looking to build a smarter cash cycle need to ask: why AI? Do I have the data the system needs to learn from? What solutions exist and how can I evaluate them? And if they truly employ AI, what are the risks of releasing them into my organisation?
Our session might have an answer.