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Auditoria Debuts New Automation Features For Corporate Finance

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There are three new features — Intelligent Collections, Intelligent Vendor Management and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cash flow for corporate finance teams, the release stated.

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HighRadius Launches AI Cash Forecasting Tool

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Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology. HighRadius said that legacy strategy is “crippling corporate treasurers from making confident short-term and long-term debt and investment decisions.”

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Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

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Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year. Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets.

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VC Seems To Fizzle Out For B2B FinTechs

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Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. Treasury Management. The company provides cash and treasury management solutions. Catfoss Finance.

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