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Bonavido means “good view"
We want you to have a good view of your cash We want to help you to have a better short term cash flow forecast We don’t do software, but we want to help your software provider get a better result for you We can set you on the right path |
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About Us
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Bonavido is a brand powered by Informita, the working capital and procurement specialists. The Bonavido methodology was developed by Informita while working with clients with real short term cash flow forecasting issues. That means that the methodology has been thoroughly tested in numerous situations.
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There has been much talk in recent years of using artificial intelligence to solve the problems faced in short term cash flow forecasting. Unlike a game of chess, there is not a limited set of rules and there are potentially thousands of irrational behaviours going on simultaneously. This means that even the most powerful supercomputers would find the problem to be an immense challenge. For now AI in this space is just marketing spin.
What is necessary is to test a range of potential algorithms to see which one is the best fit. We also use our 26 years of detailed AR and AP process knowledge to understand what can cause forecast outliers. |
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