www.disruptionbanking.com
Open in
urlscan Pro
93.157.100.46
Public Scan
URL:
https://www.disruptionbanking.com/2021/06/03/empowering-cash-management-through-ai/
Submission: On November 25 via api from UA — Scanned from PL
Submission: On November 25 via api from UA — Scanned from PL
Form analysis 4 forms found in the DOM
GET https://www.disruptionbanking.com
<form class="elementor-search-form" action="https://www.disruptionbanking.com" method="get">
<div class="elementor-search-form__toggle" tabindex="0" role="button">
<i aria-hidden="true" class="fas fa-search"></i> <span class="elementor-screen-only">Search</span>
</div>
<div class="elementor-search-form__container">
<label class="elementor-screen-only" for="elementor-search-form-12e695d">Search</label>
<input id="elementor-search-form-12e695d" placeholder="Search..." class="elementor-search-form__input" type="search" name="s" value="">
<div class="dialog-lightbox-close-button dialog-close-button" role="button" tabindex="0">
<i aria-hidden="true" class="eicon-close"></i> <span class="elementor-screen-only">Close this search box.</span>
</div>
</div>
</form>POST https://www.disruptionbanking.com/wp/wp-comments-post.php
<form action="https://www.disruptionbanking.com/wp/wp-comments-post.php" method="post" id="commentform" class="comment-form" novalidate="">
<p class="comment-notes"><span id="email-notes">Your email address will not be published.</span> <span class="required-field-message">Required fields are marked <span class="required">*</span></span></p>
<p class="comment-form-comment"><label for="comment">Comment <span class="required">*</span></label> <textarea id="comment" name="comment" cols="45" rows="8" maxlength="65525" required=""></textarea></p>
<p class="comment-form-author"><label for="author">Name <span class="required">*</span></label> <input id="author" name="author" type="text" value="" size="30" maxlength="245" autocomplete="name" required=""></p>
<p class="comment-form-email"><label for="email">Email <span class="required">*</span></label> <input id="email" name="email" type="email" value="" size="30" maxlength="100" aria-describedby="email-notes" autocomplete="email" required=""></p>
<p class="comment-form-url"><label for="url">Website</label> <input id="url" name="url" type="url" value="" size="30" maxlength="200" autocomplete="url"></p>
<p class="comment-form-cookies-consent"><input id="wp-comment-cookies-consent" name="wp-comment-cookies-consent" type="checkbox" value="yes"> <label for="wp-comment-cookies-consent">Save my name, email, and website in this browser for the next time
I comment.</label></p>
<div class="gglcptch gglcptch_v2">
<div id="gglcptch_recaptcha_2664135098" class="gglcptch_recaptcha"></div>
<noscript>
<div style="width: 302px;">
<div style="width: 302px; height: 422px; position: relative;">
<div style="width: 302px; height: 422px; position: absolute;">
<iframe src="https://www.google.com/recaptcha/api/fallback?k=6LdtetUhAAAAALXAW3JzFOc_Se9BKspYw3q60xe5" frameborder="0" scrolling="no" style="width: 302px; height:422px; border-style: none;"></iframe>
</div>
</div>
<div style="border-style: none; bottom: 12px; left: 25px; margin: 0px; padding: 0px; right: 25px; background: #f9f9f9; border: 1px solid #c1c1c1; border-radius: 3px; height: 60px; width: 300px;">
<input type="hidden" id="g-recaptcha-response" name="g-recaptcha-response" class="g-recaptcha-response"
style="width: 250px !important; height: 40px !important; border: 1px solid #c1c1c1 !important; margin: 10px 25px !important; padding: 0px !important; resize: none !important;">
</div>
</div>
</noscript>
</div>
<p class="form-submit"><input name="submit" type="submit" id="submit" class="submit" value="Post Comment"> <input type="hidden" name="comment_post_ID" value="15617" id="comment_post_ID">
<input type="hidden" name="comment_parent" id="comment_parent" value="0">
</p>
</form>POST /2021/06/03/empowering-cash-management-through-ai/#gf_1
<form method="post" enctype="multipart/form-data" target="gform_ajax_frame_1" id="gform_1" action="/2021/06/03/empowering-cash-management-through-ai/#gf_1" data-formid="1" novalidate="">
<div class="gform-body gform_body">
<div id="gform_fields_1" class="gform_fields top_label form_sublabel_below description_below validation_below">
<div id="field_1_1" class="gfield gfield--type-email field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_1_1"><label class="gfield_label gform-field-label"
for="input_1_1">Subscribe to our newsletter</label>
<div class="ginput_container ginput_container_email">
<input name="input_1" id="input_1_1" type="email" value="" class="large" placeholder="Email Address" aria-invalid="false">
</div>
</div>
<div id="field_1_2" class="gfield gfield--type-captcha gfield--width-full field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_1_2"><label
class="gfield_label gform-field-label" for="input_1_2">CAPTCHA</label>
<div id="input_1_2" class="ginput_container ginput_recaptcha" data-sitekey="6LcBT7cdAAAAACHUowli7yZ9XJF7Wf8z4hcrqREW" data-theme="light" data-tabindex="0" data-badge=""></div>
</div>
</div>
</div>
<div class="gform_footer top_label"> <input type="submit" id="gform_submit_button_1" class="gform_button button" value="Submit"
onclick="if(window["gf_submitting_1"]){return false;} if( !jQuery("#gform_1")[0].checkValidity || jQuery("#gform_1")[0].checkValidity()){window["gf_submitting_1"]=true;} "
onkeypress="if( event.keyCode == 13 ){ if(window["gf_submitting_1"]){return false;} if( !jQuery("#gform_1")[0].checkValidity || jQuery("#gform_1")[0].checkValidity()){window["gf_submitting_1"]=true;} jQuery("#gform_1").trigger("submit",[true]); }">
<input type="hidden" name="gform_ajax" value="form_id=1&title=&description=&tabindex=0&theme=gravity-theme">
<input type="hidden" class="gform_hidden" name="is_submit_1" value="1">
<input type="hidden" class="gform_hidden" name="gform_submit" value="1">
<input type="hidden" class="gform_hidden" name="gform_unique_id" value="">
<input type="hidden" class="gform_hidden" name="state_1" value="WyJbXSIsIjM0MGJjZTNlOWRlYjE0MzI5NWU1OTVmMzk3OGIwMWE3Il0=">
<input type="hidden" class="gform_hidden" name="gform_target_page_number_1" id="gform_target_page_number_1" value="0">
<input type="hidden" class="gform_hidden" name="gform_source_page_number_1" id="gform_source_page_number_1" value="1">
<input type="hidden" name="gform_field_values" value="">
</div>
</form>Name: Subscribe to read more — POST
<form class="elementor-form" method="post" name="Subscribe to read more">
<input type="hidden" name="post_id" value="30053">
<input type="hidden" name="form_id" value="cc31d1d">
<input type="hidden" name="referer_title" value="Empowering cash management through AI | Disruption Banking">
<input type="hidden" name="queried_id" value="15617">
<div class="elementor-form-fields-wrapper elementor-labels-">
<div class="elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-70 elementor-field-required">
<label for="form-field-email" class="elementor-field-label elementor-screen-only"> Email </label>
<input size="1" type="email" name="form_fields[email]" id="form-field-email" class="elementor-field elementor-size-md elementor-field-textual" placeholder="Write your Email" required="required" aria-required="true">
</div>
<div class="elementor-field-group elementor-column elementor-field-type-submit elementor-col-30 e-form__buttons">
<button class="elementor-button elementor-size-md" type="submit" id="kartra-verify-btn">
<span class="elementor-button-content-wrapper">
<span class="elementor-button-text">Verify</span>
</span>
</button>
</div>
</div>
</form>Text Content
Skip to content * About us * Magazine * Contact us * Fintech 101 * Subscribe * About us * Magazine * Contact us * Fintech 101 * Subscribe Facebook-f Linkedin X-twitter Markets by Trading view * Fintech * Banking * Capital Markets * Digital Assets * Sustainability ESG * Press Releases Menu * Fintech * Banking * Capital Markets * Digital Assets * Sustainability ESG * Press Releases Search Search Close this search box. EMPOWERING CASH MANAGEMENT THROUGH AI * Tal Sharon * June 3, 2021 Facebook Twitter LinkedIn AI technologies are revolutionizing the process of cash management and cash forecasting. Implementing technologies such as Machine Learning, Deep Learning and Robotic Process Automation (RPA) into the process of cash management result in greater efficiencies, higher profitability and enhanced productivity. Historically, payables, receivables and reporting require a significant amount of time to manually perform predictable and routinized processes, managing exceptions and disputes, and identifying risks. AI can enhance the effectiveness of these tasks while greatly increasing efficiency by reducing time demands. Additionally, subfields of AI, such as Machine Learning, Data mining and Advanced Statistical Modelling can be combined for predictive analytics. These “data stories” can be used to make more accurate decisions and forecasting. A good cash management process is of vital importance for any organization that wants to ensure the sustainability and long-term profitability of the business, whether it is big or small in size. To help ensure a good cash management process, SMEs focus on tactics such as spreading out payments, instead of paying all their bills at the same time. This helps them avoid draining disposable income and leaving the business at risk of failing to pay for unexpected expenses. Others include the alignment of the payroll cycle with the revenue stream, as well as collecting payments quickly by incentivizing customers to pay early by offering package deals, discounts, online payment options, and lay-by options requiring deposits. Planning ahead for cash shortages is also of key importance for SMEs. By keeping a fund with three to six months of basic operating expenses in reserve, businesses can prepare for unexpected slow periods and emergencies. Another tactic for this purpose is using a business credit card or business line of credit to pay for everyday expenses and help bridge gaps in cash flow. Yet, despite these tactics, cash management is still a big hurdle for SMEs, which if not overcome can often lead to failure. A Preferred CFO study from June 2020 showed 82% of businesses fail due to poor cash flow management. Another 79% point out that starting out with too little money is the reason they fail, followed by 73% who failed due to being overly optimistic about achievable sales and the investment required. Additionally, the pressure that SMEs have been facing in the past year has been immense. Their ability to maintain a positive cash flow in times like these has been a more difficult task than normally. Now, as SMEs emerge from the pandemic, they are looking for further ways to improve their cash flow and payment decisions. As the challenges faced vary per organization, tailored support and guidance that addresses their individual needs would be of great benefit to them. However, it appears that the access SMEs have to cash management solutions is quite limited, especially compared to larger organizations. It is estimated that 75% of SMEs have no treasury function, rather they often rely on spreadsheet software, which is not designed for the purpose of managing cash and financial risk. In a recent study conducted by Commerzbank, it becomes apparent that a growing number of SMEs are realizing the importance of cash management solutions. Out of the companies that did have a solution in place, 70% state they are using software from their bank. A further 26% use technology from software developers and just 4% had developed their own solution. SMEs could benefit from modern FinTech management solutions that can be tailored to the individual business needs and requirements. An interesting example of an innovative solution designed to help small businesses grow is vcita. The all-in-one business management and client engagement app redefines the way businesses interact with clients, driving more opportunities from the web, mobile, email and social. vcita includes an online CRM to manage all client communications together with online scheduling, online payments, email & SMS campaigns, lead generating website widgets, and everything a small business needs to drive more business, build financial resilience and provide great client service. “As the entire financial ecosystem is transitioning into digital, it is our role to ensure that the new ecosystem is inclusive of SMEs and their buy into this journey. By supporting the digitalisation of SMEs, we allow both them and their banking partners to unlock new opportunities at scale” vcita’s CMO Adi Engel indicates. > We are thrilled to invite you to FinTech-Aviv's in person event focused on > alternative lending mechanisms and AI based cash management platforms! > REGISTER HERE!https://t.co/pRjOPbHdtO > SIGN-UP TODAY AS SPACE IS SUPER LIMITED! pic.twitter.com/b6ZlZ9ML9c > > — FinTech-Aviv (@FinTechAviv) June 1, 2021 If you want to explore alternative lending mechanisms and AI based cash management platforms join the upcoming FinTech-Aviv – The Israel FinTech Association in-person event on June 10th, 2021 @5pm (IDT). Location is: SOK, HaMasger St.39, Tel-Aviv. Author: Tal Sharon #Cashmanagement #ArtificialIntelligence #RoboticsProcessAutomation #MachineLearning #DeepLearning #DataStories Register to the event here Tweet Share Share * Artificial Intelligence LEAVE A REPLY CANCEL REPLY Your email address will not be published. Required fields are marked * Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. RELATED POSTS WHY ARE MICROSOFT AND BLACKROCK RAISING $100 BILLION FOR AI INFRASTRUCTURE? Read More » HOW IS AI IMPACTING CENTRAL BANKS? Read More » INNOVATIONS AND INSIGHTS: BLACK TECH DAY 2024 AT MERKY FC Read More » Subscribe to our newsletter CAPTCHA TRENDING WHY ARE INVESTMENT BANKS GOING LONG ON THE TURKISH LIRA? GLOBAL FINANCE & TECHNOLOGY NETWORK (GFTN) ANNOUNCES BOARD OF DIRECTORS AND INTERNATIONAL ADVISORY BOARD SINGAPORE FINTECH FESTIVAL 2024 ATTRACTS 65,000 PARTICIPANTS WHAT WILL THE PRICE OF SOLANA (SOL) BE IN 2024? EMPOWERING FINANCE WITH THE AGRICULTURAL BANK OF CHINA WHY ARE ABRDN’S MONEY MARKET FUND INVESTMENTS BEING TOKENIZED USING HEDERA? THE EVOLUTION OF DATA IN FINANCE: INSIGHTS FROM FIMA EUROPE 2024 Read More » QUAI NETWORK’S BOLD VISION: OPTIMIZING BLOCKCHAIN FOR SPEED, DECENTRALIZATION, AND EFFICIENCY Read More » HOT VS. COLD WALLET: WHICH IS RIGHT FOR YOU? Read More » WELCOME TO #DISRUPTIONBANKING—A DIGITAL STARTUP PLATFORM DEDICATED TO NEW AGE BANKING, FINANCIAL TECHNOLOGY AND THE EMERGING MARKETS BETWEEN THEM. JOIN OUR GLOBAL READERSHIP TO KEEP UP TO DATE WITH THE LATEST BUSINESS, TECH AND PARTNERSHIP MODELS. WE WILL PUBLISH SOME PRESS RELEASES ON OUR SITE, BUT ONLY IF THE AUTHORITY SCORE OF THE COMPANY ON GOOGLE IS SUFFICIENT TO BE JUSTIFIED AS NEWS. WE DO NOT LIKE SPECULATIVE QUESTIONS RECEIVED FROM @GMAIL.COM ADDRESSES. PLEASE REPRESENT A COMPANY WHEN WRITING TO US. BACKLINKS ON OUR SITE ARE A MINIMUM OF £100 + VAT, BUT IT DEPENDS ON THE CONTENT AND QUALITY OF THE CLIENT. CONTACT US: HELLO@DISRUPTIONBANKING.COM MUST READ THE EVOLUTION OF DATA IN FINANCE: INSIGHTS FROM FIMA EUROPE 2024 22/11/2024 QUAI NETWORK’S BOLD VISION: OPTIMIZING BLOCKCHAIN FOR SPEED, DECENTRALIZATION, AND EFFICIENCY 21/11/2024 HOT VS. COLD WALLET: WHICH IS RIGHT FOR YOU? 21/11/2024 THANK YOU PARTNERS & SPONSORS © ALL RIGHTS RESERVED FOR DISRUPTIONBANKING * About us * / * Information Obligations * / * Fintech 101 Facebook-f Linkedin X-twitter WRITE YOUR EMAIL TO VERIFY SUBSCRIPTION Email Verify Loading... SIGN UP FOR OUR FREE NEWSLETTER AND RECEIVE THE LATEST BANKING AND FINTECH STORIES, STRAIGHT TO YOUR INBOX - EVERY WEEK We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy