CashPro Forecasting (ADA transcript)
[Spoken text:]
What if numbers crunched themselves?
[Text on screen:]
What if numbers crunched themselves?
[Scene description: Video footage of high-tech, urban business scenes and patterns in nature]
[Text on screen:]
CashPro® Forecasting
from Bank of America
[Spoken text:]
CashPro Forecasting from Bank of America is a groundbreaking solution that can amplify your treasury intelligence and anticipate your liquidity needs.
[Scene description: Animated shapes appear and line up in an orderly fashion]
[Spoken text:]
Powered by machine learning, CashPro Forecasting automates your predictive analytics and boosts your insight into future cash flows.
[Text on screen:]
Automates predictive analytics
Boosts insights into cash flows
[Spoken text:]
Outperforming spreadsheets and other primitive tools with a new solution that grows smarter over time as it learns from your account activity.
[Text on screen:]
CashPro® Forecasting
Learns from your activity over time
[Scene description: A series of interconnected blue balls appears]
[Spoken text:]
Best of all, CashPro Forecasting is already integrated within CashPro, so it’s easy to set up and use.
[Text on screen:]
CashPro®
[Scene description: Blue ball connects to three separate banks]
[Spoken text:]
As the first cash forecasting solution with machine learning offered by a bank, it’s available for all of your accounts, and can even integrate with those held at other institutions.
[Text on screen:]
Available for all of your accounts
[Scene description: Colored shapes pass from left to right through the blue ball]
[Spoken text:]
Here’s how it works. Just log in to CashPro® Reporting. CashPro Forecasting automatically inherits all of your account data and entitlements, so you’re ready to start. No integration or onboarding is needed. Just log in and start using it.
[Text on screen:]
Automatically inherits account data
[Scene description: Blue ball and colored shapes are connected by streams of dots]
[Spoken text:]
You can create forecasts across your accounts, with the ability to drill down to transaction-level details.
[Text on screen:]
Create forecasts
Drill down to transaction details
[Scene description: Colored shapes rearrange into a grid]
[Spoken text:]
You can also create rules to automatically map your transactions into custom categories – such as payroll, collections, or taxes – and break out your cash flows by currency.
[Text on screen:]
Payroll, collections, taxes, currencies
[Scene description: Colored shapes are replaced by a timeline]
[Spoken text:]
You can forecast by days, weeks or months, from one day up to one year into the future. You can complete a new forecast within minutes and save as many different forecasts as you like.
[Text on screen:]
Forecast by days, weeks or months
[Scene description: Colored shapes reappear in a grid, and data begins to populate inside]
[Spoken text:]
And you can manually enter transactions that haven’t yet hit your accounts to make your forecasts even stronger.
[Text on screen:]
Manually enter transactions
[Scene description: Video footage of businesspeople at work]
[Spoken text:]
CashPro Forecasting is intuitive, user-friendly, and designed to deliver the data-driven insight you need to make better decisions.
[Text on screen:]
Data-driven insight for better decisions
[Scene description: Video footage in the background with a list of recent Bank of America awards]
[Spoken text:]
And it’s part of how we’re working every day to put your business at the edge of what’s next.
[Text on screen:]
Greenwich Associates 2020 Awards
#1 in Digital Functionality
#1 in Digital Platform Design (CashPro®)
#1 in End-to-End Digital Process
Euromoney’s Best Digital Bank in
North America, 2018, 2019 and 2020
[Scene description: White background with text]
[Text on screen:]
WHAT WOULD YOU LIKE THE POWER TO DO?(R)
[Scene description: Bank of America logo]
[Text on Screen:]
“Bank of America” and “BofA Securities” are the marketing names used by the Global Banking and Global Markets divisions of Bank of America Corporation. Lending, other commercial banking activities, and trading in certain financial instruments are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Trading in securities and financial instruments, and strategic advisory, and other investment banking activities, are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, BofA Securities, Inc. and Merrill Lynch Professional Clearing Corp., both of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. BofA Securities, Inc. and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA.
Investment products offered by Investment Banking Affiliates:
Are Not FDIC Insured • May Lose Value • Are Not Bank Guaranteed.
©2021 Bank of America Corporation. All rights reserved.