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Transforming Cash Management with CashPro Forecasting™

In an era characterized by economic volatility, businesses need tools that offer clarity and speed in financial management. Bank of America has stepped up to the challenge with its innovative CashPro Forecasting™ solution, a game-changer that has enabled over 3,000 companies to save an impressive total of 250,000 hours in 2025 alone. This AI-driven tool is not just streamlining processes; it is redefining how organizations forecast cash flow, making the once labor-intensive task not only faster but also smarter.

The Need for Efficient Cash Forecasting

Traditional cash forecasting has often relied on cumbersome spreadsheets, a method that can take up to a week to yield results—by which point the data may already be outdated. In today's fast-paced economy, where factors such as tariffs and interest rates can swing rapidly, businesses require real-time insights for timely decision-making. Recognizing this need, Bank of America's CashPro Forecasting™ employs advanced machine learning algorithms that automatically integrate and analyze account data, delivering insightful forecasts within minutes.

According to Winnie Chen, the head of Global Payments Solutions for Asia Pacific at Bank of America, “Economic uncertainty is the new normal across global markets. It's essential that we equip our clients with top-of-the-line tools and resources so they can navigate this complexity with confidence.”

This AI-driven solution is embedded within the CashPro platform, which is widely utilized for treasury management, trade, and cross-border payments. This integration not only enhances user experience but also fosters collaboration within teams. As Sal Campo, Enterprise Cash Management Manager at Toyota Financial Services North America, noted, “The intuitive design facilitates quick implementation and value extraction across multiple teams.”

Enhancements and Features

CashPro Forecasting™ doesn't just generate forecasts; it provides a comprehensive overview of a company’s global cash positions. Some of the standout features include:

• - Speed and Efficiency: Generate cash forecasts in minutes, significantly reducing the wait times associated with traditional methods.
• - Forecast Horizon: Users can project cash positions from as little as one day to as far out as one year.
• - Integrated Reporting: Access global bank account data from various institutions, providing a holistic view of cash flows.
• - Continuous Learning: The enhanced AI model allows the tool to interpret data five times faster than before, ensuring that clients can react quickly to changing market conditions.

In April 2025, the bank further boosted CashPro Forecasting with a new generative AI support tool, Ask Global Payments Solutions, which aids employees in resolving queries effectively, enhancing the overall client experience.

A Future-Oriented Approach

As technology evolves, Bank of America remains steadfast in its commitment to enhancing CashPro Forecasting™ to ensure that clients continue to thrive in this fast-evolving financial landscape. Jennifer Sanctis, CashPro Product Executive at Bank of America, emphasized, “We never rest when it comes to advancing our technology. Our aim is to keep our customers ahead, empowering them with the tools they need to succeed.”

In conclusion, as more businesses embrace the CashPro Forecasting™ solution, the focus will shift towards leveraging these technologies for strategic decision-making in increasingly complex market realities. The agility and simplicity offered by this AI-powered tool promise to redefine financial operations for companies around the globe.

For further information about Bank of America and their suite of services, including CashPro Forecasting™, please visit their official website.