CashPro®

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]

 

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Powered by machine learning, CashPro Forecasting automates your predictive analytics and boosts your insight into future cash flows.

 

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Automates predictive analytics

Boosts insights into cash flows

 

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Outperforming spreadsheets and other primitive tools with a new solution that grows smarter over time as it learns from your account activity.

 

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CashPro® Forecasting

Learns from your activity over time

 

[Scene description: A series of interconnected blue balls appears]

 

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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]

 

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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.

 

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Available for all of your accounts

 

[Scene description: Colored shapes pass from left to right through the blue ball]

 

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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.

 

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Automatically inherits account data

 

[Scene description: Blue ball and colored shapes are connected by streams of dots]

 

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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]

 

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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]

 

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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.

 

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Forecast by days, weeks or months

 

[Scene description: Colored shapes reappear in a grid, and data begins to populate inside]

 

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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]

 

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CashPro Forecasting is intuitive, user-friendly, and designed to deliver the data-driven insight you need to make better decisions.

 

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Data-driven insight for better decisions

 

[Scene description: Video footage in the background with a list of recent Bank of America awards]

 

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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]

 

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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.

[Music in background throughout]

On screen copy:

Bank of America® logo

Today, treasury teams are faced with increasing demand for visibility, insights and on-time

execution.

On screen copy:

CashPro® API

CashPro® API from Bank of America can increase the efficiency of your treasury operations and

automate everyday activities — all within your existing business systems.

There are countless ways to use CashPro API. Whether you’re a small business or a

multinational, you can send and receive payments, manage your accounts and liquidity, see

balances instantly, and much more. You’ll have 24/7 access to all your treasury data and

transactions in real-time.

On screen copy:

Ways to use CashPro API

Send and receive payments across 38 markets

Manage accounts

See balances instantly

All in real-time

As a leader in innovative financial solutions, Bank of America makes it easy to incorporate APIs

into your existing treasury platforms.

We know your business is unique. That’s why our experts will work with you to make a

customized plan that achieves your treasury objectives.

Then, we’ll provide customized advice and guidance to help you launch quickly.

We’ve partnered with industry-leading ERP and TMS providers to ensure CashPro APIs can

seamlessly integrate with systems you already use.

On screen copy:

Partnered with leading providers

API

ERP

TMS

If you’d like to handle integration on your end, you can use our comprehensive API Developer

Studio.

On screen copy:

CashPro API Developer Studio

We’re continually expanding our API catalogue so you’ll have access to a growing list of

business-critical solutions to keep up with a constantly-shifting financial landscape.

On screen copy:

Continually expanding API catalogue

[List of APIs in boxes populates the screen to demonstrate variety of APIs available.]

And of course, all of our APIs come with the full security you’d expect from Bank of America.

To get started, talk to your Bank of America representative or visit our Developer Studio today.

[Man sitting at desk looking a monitor which shows the Bank of America CashPro API

Developer Studio.]

CashPro API from Bank of America. It’s how we’re working to put your business at the edge of

what’s next.

On screen copy:

CashPro® API

Bank of America® logo

On screen disclosures:

“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

Are Not Bank Guaranteed

May Lose Value

© 2023 Bank of America Corporation. All rights reserved.

[End of transcript]

CashPro® Connect (ADA transcript)

 

Scene description:

Bank of America logo

 

Spoken text:

What if your software could do more of the hard work?

 

Scene description:

A network of interconnected modules appears and transforms into the interface of an accounting platform.

 

Text on screen:

Integrate with CashPro® Connect from Bank of America

 

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When you integrate your ERP or financial system directly with Bank of America through CashPro® Connect, you’re unleashing the full power of your business software.

 

Scene description:

The previous accounting platform merges with the CashPro® Connect interface, creating an expanded financial platform.

 

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Unleash the full power of your business software.

 

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Host-to-host connectivity between your systems and ours enables you to automate high volumes of tedious transactions, simplify workflows, reduce risk, and free up resources to focus on other important business needs.

 

Scene description:

The two animated platforms separate, revealing how they share and exchange transaction data.

 

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CashPro Connect offers comprehensive payments and receipts capabilities and robust reporting through a wide range of file formats.

 

Scene description: Video footage of a man working at a laptop from his home. A baby sits on his lap. An overhead shot shows the man examining bar charts on a tablet and on computer printouts.

 

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Video footage splits the screen into views from three different international cities.

 

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You can send payments in more than 140 currencies to 190 countries—covering wires, multiple types of ACH payments, FX and more—all in a single file with all of your instructions.

 

Scene description:

The animated CashPro Connect interface reappears with dotted lines connected to various file formats.

 

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When you receive funds through CashPro Connect, we can extract key remittance data and present it in a wide range of formats. You can see ACH, wire, lockbox and remote deposit receipts all in one place, which can help you reconcile your receivables faster.

 

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You also get easy access to current- and previous-day global transaction data directly through your financial software.

 

Scene description:

The CashPro Connect interface connects to various file formats.

 

Scene description:

Seen through the windows of an office tower, we see fast-motion video of office worker in their environment. The scene shifts to a view from above a suspension moving across a body of water, an overhead of busy highway cloverleaf, and an underground escalator moving commuters to the surface.

 

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CashPro Connect can help you create a digital edge that goes beyond other host-to-host solutions. We offer broad global reach, local expertise to help you correctly format files for every country where we do business. And the ability to integrate with any type of enterprise and financial software. And our experts work with you closely to make sure integration goes smoothly.

 

Scene description:

A man and a woman examining documents in an office.

 

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And our experts work with you closely to make sure integration goes smoothly.

 

Scene description: A man working in his home on a laptop computer.

 

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Since CashPro Connect is part of Bank of America’s CashPro® platform, you also have the flexibility to bank with us online, with the free CashPro® App and through CashPro® API.

Scene description: A busy professional working from a café.

 

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So even if you’re on the go, you can still approve payments in your CashPro Connect file through your mobile device. It’s that simple.

 

Scene description: Looking up at a series of skyscrapers, text appears displaying a series of industry awards and achievements.

 

Spoken text:

Seamless integration, greater automation and streamlined ecosystems that make business easier. 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

 

Text on screen:

What would you like the power to do®?

 

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