AI-enabled cash forecasting and variance analysis
Performing variance analysis and cash flow forecasting typically requires financial analysts to reconcile and analyze large volumes of transactional data, leaving less time for strategic decision-making. With the Ikigai platform, you can put the power of our Large Graphical Models to work to automate variance analysis and generate bottoms-up direct cash flow forecasts.
- Improve forecast accuracy at every level of the data hierarchy
- Identify and explain key drivers of variance analysis
- Perform real-time what-if scenario planning
- Enhance collaboration with clear visibility across the organization
- Reduce version control issues with one source of truth
Improve cash management with automatic direct-method cash forecasting
Transform your financial planning with AI-driven forecasting and planning
Connect all your financial data
Gaining real-time visibility and insights into financial transactions across multiple sources is time-consuming and error-prone, often leaving discrepancies across systems and plans unchecked. Ikigai makes it easy to connect to various systems of record, enabling a holistic financial picture across your organization.
- Connect transaction activity from various sources for real-time visibility
- Sync with pre-existing plans to centrally track expected versus actual
- Connect to your HRIS to understand whole picture for your organization
Enhance your cash flow insights
Struggling to get a comprehensive cash flow picture across your business? aiMatch uses the power of our patented Large Graphical Model technology to reconcile your financial transactions with significantly higher accuracy. It compares actual financial performance to projected or budgeted performance across key metrics like revenue, expenses, and cash flow, providing key insights to help understand and influence financial performance.
- Create a comprehensive cash picture and identify top variances with AI-transaction matching
- Learn and improve transaction matching the more you use it
Dynamic cash forecasting with real-time data
Traditional forecasting methods have a hard time keeping up with today's dynamic and distributed business environments. aiCast drives accurate cash forecasts based on real-time data - from top to bottom - enabling a more dynamic, accurate, and responsive approach to managing cash flow.
- View accurate, real-time direct method cash forecasts - from top-level summary view down to the transaction level
- Automatically re-forecast based on new data at a daily, weekly, or monthly level as desired
- Receive alerts for anomalies and trends in real-time
Generate informed scenario plans for your cash
Financial planners need to quickly adjust to changing business constraints and organizational goals. With Ikigai's aiPlan, you can explore potential outcomes and make more informed decisions about resource optimization with what-if scenarios for cash forecasting.
- Generate AI-driven what-if scenarios for comparison
- Optimize resource allocations based on constraints and goals
Streamline forecast scheduling and performance tracking
Traditional forecasting methods often lack the automation needed to ensure timely, accurate decision-making. The Ikigai platform makes it easy to automate cash forecasting and seamlessly integrate with key business processes for greater cross-functional visibility and collaboration.
- Schedule forecast runs
- Track forecast performance over time
- Integrate Ikigai functionality into key systems easily with robust APIs
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How Ikigai helps financial planners
Improve your cash forecasting and variance analysis today!
