Webinar: AI forecasting: improving data accuracy uncertainties

March 26th | 11am EDT, 3pm GMT, 4pm CET

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Artificial intelligence (AI) is transforming cash forecasting in treasury, with powerful tools that can analyse financial data flows. Yet the forecast’s accuracy will always depend on the accuracy and completeness of the underlying data sets. Whilst more than half of treasurers identify data quality as the biggest drag on forecast accuracy. Poor data foundations, integration challenges between legacy systems, and a lack of trust in AI-generated outputs, are stalling AI forecasting models. The most sophisticated AI powered treasury systems are ultimately only as good as the quality of the data within those systems.

In this webinar we examine the challenges, bottlenecks and barriers to feeding forecasts with high quality, accurate data, that AI can analyse to enable strategic decision making in cash and liquidity management.

The panellists will discuss the key findings of EuroFinance’s recent Deep Dive report featuring new industry survey results benchmarking treasurers’ use of AI in cash forecasting. Sign up for the webinar to receive your copy of the report.

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Speakers

Michael Ben Moshe

Michael Ben Moshe

VP, head of global working capital & cash optimization Teva

Michael is the Vice President and Head of Global Working Capital & Cash Leadership Office at Teva Pharmaceutical Industries, the world’s largest generic drug manufacturer. Bringing extensive expertise from the Pharmaceutical and Capital Markets industries, Michael plays a crucial role in overseeing Corporate Treasury activities at Teva. In his previous positions, he led Teva’s Global Treasury Operations. With a career spanning over 19 years, Michael has demonstrated leadership by guiding award-winning teams in implementing cutting-edge corporate finance and treasury methodologies. His diverse responsibilities include managing cash and liquidity, optimizing working capital, and mitigating financial risks within the treasury domain.

Throughout his career, Michael has successfully navigated complex tasks such as managing banking relationships, facilitating funding for major M&A transactions, optimizing the balance sheet, and executing asset divestitures. He also played a key role in financing public offerings and spearheaded the optimization of internal cross-organizational processes to improve working capital efficiencies, fortify cash flow forecasting, and ensure liquidity. Given Teva’s intricate global operations, spanning 60 countries and involving 50 currencies, Michael’s leadership within the Treasury team is instrumental in shaping and executing Teva’s comprehensive financial strategy.

Mario Del Natale

Mario Del Natale

Treasury director, global digital treasury Johnson Controls

Mario serves as the Treasury Director, Global Digital Treasury at Johnson Controls, a global leader in smart building technologies and solutions. With a heritage dating back to 1885, Johnson Controls operates in more than 150 countries and employs over 90,000 people, transforming buildings to be safer, more comfortable, efficient, and sustainable. In his role, Mario provides strategic guidance to the Vice President of Corporate Treasury and the Treasury leadership team, driving the translation of corporate strategy into innovative global digital treasury solutions.

 

His areas of expertise include real-time data analytics, liquidity management, payments factory, SWIFT solutions, Treasury Management Systems (TMS), Trade Finance, highly skilled in coding, and Bank Account Management (BAM). Mario leads high-impact strategic projects, particularly in the domains of mergers & acquisitions and spin-offs, focusing on optimizing processes, integrating treasury applications, and ensuring seamless connectivity between business ERPs and treasury platforms.With a unique hybrid background in both IT and Finance, Mario excels in cross-functional communication, engaging effectively with internal teams, financial institutions, technology partners, and software providers at all levels. His leadership and vision position him at the forefront of digital transformation in global treasury management, and he is respected by his peers.

Glenn Bindels

Glenn Bindels

Head of the corporate cash and financial risk management – front office ASML

Glenn Bindels is the Head of the Corporate Cash and Financial Risk Management – Front Office team at ASML, a global leader in advanced semiconductor technology. In this role,

Glenn is responsible for overseeing Cash & Liquidity Management as well as Financial Risk Management.

Consistently seeking innovative solutions to propel his team towards operational excellence and provide ongoing support to the business.

With more than a decade of experience in Corporate Treasury, Glenn has developed robust expertise through various roles spanning Cash Management, Financial Risk Management, Treasury Technology and Treasury Operations.

Glenn has also successfully led multiple Divestments and Carve Out Projects which allowed him to design and establish new Treasury organizations.

With this experience he has built a solid foundation in both strategic and technical aspects of treasury leadership.