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GTreasury launches AI-powered solution to support cash forecasting accuracy

Tuesday 1 September 2020 10:21 CET | News

GTreasury, a treasury and risk management platform provider, has released SmartPredictions, to support cash forecasting accuracy by applying artificial intelligence to short- and long-term treasury data.

SmartPredictions uses AI to train and test business’ historical liquidity data to accurately predict and forecast future transactions, according to the official press release. With an intuitive interface, treasurers can indicate which of their datasets to include in a given forecast.

They can also customise how much historical data to include, as well as how far into the future to request forecast data. SmartPredictions will algorithmically select the optimal model for each dataset input – based on predicted accuracy – from a variety of machine learning models as well as a traditional projection method that is well-suited for time-series data problems.

Two of the machine learning models are at the core of GTreasury’s new SmartPredictions functionality: Decision Tree Regressor (gradient boosted framework) and Singular Spectrum Analysis.


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Keywords: machine learning, AI, GTreasury, SmartPredictions, data, cash forecasting, treasury, transactions
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: United States
This article is part of category

Banking & Fintech