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SmartData Collective > Big Data > Data Mining > Day Job: System Dynamics and Cash Management
Data Mining

Day Job: System Dynamics and Cash Management

Editor SDC
Editor SDC
2 Min Read
Day Job: System Dynamics and Cash Management
Photo by Leeloo The First on Pexels (https://www.pexels.com/photo/close-up-shot-of-silver-and-gold-coins-8358115/)
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Nice writeup by Robin Bloor on a project that I am involved with at the Day Job ™:

So what CSC has done is to build a fully fledged analytics capability that looks at the historical pattern of payments, analyzes the outstanding debt and balances everything – including balancing the cash management across multiple currencies and multiple accounting systems. You need to see the software to appreciate how smart it is, but in the end I guess, it’s just well engineered analytics. The business impact is a cash management capability that is dramatically more efficient than is currently deployed by companies and which rapidly pays for itself, by collapsing the need for short term loans.

Read the rest of Robin’s impressions here.

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