Webinar - Cash Forecasting with AI

  • Thursday, October 15, 2020
  • 11:30 AM - 12:30 PM
  • Online Webinar


  • Association Member
  • Event Speaker
  • Visitor / Guest - First Time should only be used for the initial/first visit of a person to any Alabama AFP meeting
  • Visitor / Guest - Repeat is used for non-members who have attended one or more Alabama AFP meetings in the past

Registration is closed

Topic: Redefining the Fundamentals Of Cash Forecasting With Artificial Intelligence

Speaker:  Tracey Ferguson Knight, Director – Treasury, HighRadius

Topic Description: 

Despite being the most important function for treasurers, traditional Cash Forecasting delivers inaccurate and unreliable results even in the short term, rendering them unsuitable for decision making at an executive level. In addition to unreliability, the process is highly inefficient with treasury teams spending the majority of their time compiling the forecast, leaving little to no time for variance analysis and accuracy improvement.

However, by leveraging Artificial Intelligence algorithms exclusively built to forecast cash across all cash flow categories, the cash forecasting process has been fundamentally redefined, including the way Treasury professionals process and use the forecast. With AI, treasurers are able to increase the types of data sources leveraged and variables analyzed, replace Excel-based models, increase the frequency of forecasting and ensure that every forecast is subject to variance analysis to help improve accuracy over time.

Join this session to deep-dive into how Artificial Intelligence improves Cash Forecasting by:

  • Delivering highly accurate forecasts across all operating & non-operating cash flow categories including A/R and A/P
  • Automating the generation of forecasts at individual department, unit and regional level as well as rolling up these forecasts into the central level
  • Automatically improving the accuracy of the forecast through continuous variance analysis and optimization at all levels
  • Taking treasurers into the digital age where they spend time only on analyzing the output instead of manual tasks

Speaker Bio: 

Ms. Knight evangelizes the benefits of treasury departments’ effective use of technology to raise treasury’s profile and make treasury departments a true strategic partner to the business. Currently at HighRadius, she is excited to be on the cutting edge of treasury technology using artificial intelligence taking cash forecasting to the next level.

With over 25 years of treasury experience, she has helped hundreds of companies select and implement technology to transform their treasury departments. Experienced as both a practitioner and vendor, she brings a unique combination of knowledge and skills to truly understand a company’s current state and help them see what their future state can become.

She has direct experience in consulting, product demonstrations, implementations, and training across many treasury disciplines including cash forecasting, cash management, risk management, and accounting.

She has a BS in Economics from the Wharton School at the University of Pennsylvania and is a popular and frequent speaker at local, regional, and national Association of Financial Professional (AFP) events