There are several software options available that utilize artificial intelligence (AI) or machine learning techniques to help predict cash flow. Here are a few examples:
- Cash Analytics: Cash Analytics is a software platform that uses AI algorithms to forecast cash flow and provide insights into cash management. It integrates with financial systems to collect and analyze data, helping businesses make accurate cash flow predictions and optimize working capital.
- CashFlowTool: CashFlowTool is a cash flow forecasting and management software that incorporates AI technology. It analyzes historical financial data, applies machine learning algorithms, and provides real-time predictions and scenario analysis to help businesses better understand and manage their cash flow.
- Prophix: Prophix is a financial planning and analysis software that includes cash flow forecasting capabilities. It utilizes AI algorithms to automate the forecasting process, providing accurate predictions based on historical data, trends, and user-defined assumptions.
- Anaplan: Anaplan is a cloud-based planning and performance management platform that offers cash flow forecasting functionality. It leverages AI and machine learning to analyze historical data, identify patterns, and generate forecasts for cash flow, enabling businesses to make informed decisions.
- Planful (formerly Host Analytics): Planful is a financial planning and analysis software that incorporates AI-driven forecasting capabilities. It uses historical data, statistical models, and machine learning techniques to generate accurate cash flow predictions, providing visibility into future cash positions.
- Float: Float is a cash flow forecasting software that utilizes AI algorithms to predict future cash flows based on historical data and user inputs. It offers customizable forecasting scenarios, helps businesses identify cash flow gaps, and provides insights for improved cash management.
Consider your company requirements, integration capabilities with existing systems, ease of use, scalability, and customer support when picking a software product. It is advised to compare several solutions, request demos, and analyse how well the programme corresponds with your specific cash flow projection requirements.
Disclaimer:?This Article is only a knowledge sharing initiative and is based on the relevant information existing at the time of the preparation. In no event the author or any other persons be liable for any direct and indirect result from this article or any inadvertent omission, update, etc if any.
