Cash and liquidity management has long been a top priority for treasury. Expectations have expanded to include visibility past their own cash positions and funding strategies to cash flows of their suppliers. This expanded view traditionally requires extensive manual effort by treasury. Now, newer technologies including artificial intelligence (AI), are empowering businesses to analyze cash flows across the supply chain in a different manner. By leveraging the power of AI to analyze vast quantities of 3rd party and supplier data, treasury teams are able to determine which suppliers will take early payment, as well as the optimal time and rates to use. AI can also determine the proper mix of self-funding and third-party cash to employ resulting in better decisions yielding smarter lower risk investments and increasing yield or deploying third-party cash to improve working capital usage.
This webinar will provide an overview of supply chain finance and treasury’s role within the cash conversion process and then dive into how new technologies and services are providing better insights, expanded automation, and operational efficiency for organizations. This innovation greatly assists treasury to more effectively optimize liquidity.