Automated cash flow forecasting and overdue invoice collections is now within the reach of Wiise customers through Forecast Live, a leading, easy to use Cloud App.
We add a direct link and automatically sync live data directly with Wiise, giving a secure real-time, LIVE picture of overdue debtors / AR and cash flow on a daily, weekly and monthly view.
Forecast Live utilises Machine Learning (ML) technologies to forecast payments and help Wiise finance teams, giving them insight and control over cash flow and Debtor Management.
Forecast Live dynamically builds and maintains your short and long-term Cashflow Forecasts with live data from Wiise.
This data combines up to date Bank Balances, Debtor & Creditor Information with forward forecasted expenses & cash outflows to accurately predict your cash position. You can get instant knowledge of the effects of delayed payments, increased stock holdings and goods supply delays.
Short Term Cashflow forecasting (30 to 180 Days in advance) is a critical challenge for many businesses.
Because a more granular approach is needed for this type of forecasting, and your business is constantly trading, it’s near impossible to manually maintain up to date accurate forecasts with live data.
With Forecast Live, we produce automated daily & weekly Cashflow Forecasts to accurately predict your cash position by day or week.
Easily move customer & supplier payments along the timeline, plan for additional expenses, or determine when the business will have cash reserves for shareholder drawings or reinvestment.
We go beyond normal forecasting, identifying customer payment trends and using machine learning to predict when customers will actually pay, often beyond their due date.
Managing and maintaining accurate Financial Year forecasts in today’s business environment and ever-changing economic conditions takes effort.
As Actuals become known and Budgets change, it requires significant effort from skilled resources each month to keep up, often performed in complex excel spreadsheets.
We cut time costs and provide automatic forecasts & re-forecasts for your financial year end results & cashflow direct from Wiise. With live data coming directly from Wiise always updating the multiple forecasts & cash flow models, it’s easy to plan and make key decisions.
We go beyond average forecasting, identifying customer payment trends using Machine Learning (ML).
Solve your cash flow forecasting problems.
It’s time consuming and difficult to stay on top of outstanding debtors and understanding insights around customers payment trends.
Often you need to manage customers differently, without losing the personal touch. Wiise customers now have a more automated way of keeping a one-on-one relationship without having to individually call or emailing each customer individually.
Forecast Live helps you improve your cashflow by giving you automated tools and insights that work directly with Wiise to bring forward customer payments and assist in the collection of overdue accounts.
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