Over the past 5 years, the cash forecasting process used by Hitachi, a global provider of technology and data services, has evolved substantially. Having first transitioned from excel to a specialized forecast solution in 2019, Hitachi’s treasury group has continued to explore new methods and solutions for forecasting in order to continually improve their overall accuracy, flexibility, and analysis capabilities. This has resulted in several additional transitions to more robust forecasting solutions and workflows. As a result of this journey, Cathy Fields, Assistant Treasurer at Hitachi Vantara, has gained substantial insight regarding what to do (and what “not” to do) when attempting to optimize the forecast process. This session will explore how Hitachi’s cash forecasts have evolved over time, highlight the challenges associated with their transformation, and analyze how the workflows maintained through their current process result in optimal levels of accuracy, efficiency, and automation.

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