Treasury and Risk Overview
This topic provides you an overview of the workflow of Highradius Treasury & Risk and description of its functions. Treasury & Risk application helps you to achieve accurate and automated cash forecasting and cash position with the help of Artificial Intelligence (AI). Treasury & Risk application comprises three modules-
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Cash Forecasting - to achieve an accurate and efficient cash flow forecasts delivered by historical variance analysis
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Cash Management - to enable greater visibility and control on cash positions across all your bank accounts. The Bank Reconciliation Cloud is used to enrich your bank statements to achieve seamless straight through processing.
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Financial Instruments - to setup master data and efficiently use the different financial instruments offered in the HRC application and book Deals.
It provides forecasting accuracy to facilitate treasurers with investment or borrowing decisions in advance. Treasurers can see the forecast across all cash flow categories with increased forecasting accuracy, weekly, monthly forecasting horizon and variance analysis. Cash positions across bank accounts can be viewed in real-time. It also achieves straight-through reconciliation of bank statements without any human intervention.
Key features:
- AI-enabled cash forecasting up to 6 months
- Real-time visibility of cash positions
- Reconciliation of bank statements
- More accurate outcome without human intervention
- Increased cash forecasting accuracy and variance reporting