Glossary
Treasury glossary.
Plain-language definitions of the treasury, cash management, and AI-finance terms that matter.
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Accounting Reconciliation
Accounting reconciliation is the act of comparing two sets of financial records to ensure they match.
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AI Cash Flow Forecasting
AI cash flow forecasting uses real-time data, pattern recognition, and continuous learning to predict future cash positions and flag potential liquidity issues before they happen.
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Autonomous Finance Agents
Autonomous Finance Agents are AI-driven systems embedded in finance and treasury ecosystems that don't just follow fixed rules — they also make decisions, perceiving, reasoning, and acting often without human intervention.
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Bank Connectivity
Bank connectivity refers to the systems, pipes, and protocols that allow companies to communicate directly with their banks.
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Bank Reconciliation Automation
Bank reconciliation automation uses technology to automatically match bank transactions against internal financial records in real time, eliminating manual cross-referencing and flagging only the exceptions that need attention.
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Cash Balance
The cash balance is simply the amount of liquid assets available in company accounts at a given point in time.
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Cash Concentration
Cash concentration is the process of sweeping funds from multiple bank accounts into a central account, usually managed at the group or holding company level.
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Cash Conversion Cycle
The cash conversion cycle (CCC) is a financial metric that measures how long it takes for a business to convert its operational investments—like project work, infrastructure, or customer acquisition—into cash received from clients.
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Cash Flow Liquidity Ratio
The cash flow liquidity ratio measures your company's ability to cover its short-term liabilities with the cash it generates from operations.
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Cash Flow Planning
Cash flow planning is the art and science of projecting how money moves into and out of a business.
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Cash Visibility
Cash visibility is exactly what it sounds like - the ability to clearly see where your cash is, in real time, across all your accounts and entities.
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Corporate Treasury Management
Corporate treasury management is the function responsible for overseeing a company's liquidity, investments, and financial risk.
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R
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Real-Time Cash Flow Forecasting
Real-time cash flow forecasting provides up-to-the-minute visibility into a company's liquidity by tapping into live data sources to deliver continuously updated cash projections.
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Real-Time Cash Position
A real-time cash position gives finance teams instant visibility into their company's available cash across all accounts.
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Rolling Cash Forecast
A rolling cash forecast is a continuously updating projection that shifts forward as time passes, rather than remaining static.
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Treasury Management
Treasury management serves as the backbone of corporate finance, overseeing a company's financial assets, cash flow, and investments.
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Treasury Management System
A treasury management system (TMS) is, in essence, the strategic control room for a company's cash, liquidity, and risk posture.
Frequently asked questions
Does Nilus support regulatory compliance and reporting?
Yes, Nilus helps you comply with regulations like SOX and GDPR, and automates reporting to make audits and submissions easier.
How can Nilus improve your company's cash flow and liquidity utilizing AI?
Nilus use advanced algorithms to analyze historical transaction data as well as future period forecasted data. It can predict future cash flows, optimize liquidity positions, and provide real-time insights into cash reserves. AI is utilized to automate repetitive tasks such as reconciliation & tagging, allowing treasury teams to focus on strategic decisions, improving efficiency and accuracy in managing day-to-day finances. Nilus also provides real-time and proactive alerts across balances, accounts, and entities to help your team remove anxiety from managing cash.
How does Nilus automate cash application to open invoices?
Nilus automatically matches incoming payments to open invoices using intelligent pattern recognition and machine learning. It analyzes payment details, such as references, amounts, and customer history, to accurately apply cash to the correct invoices, significantly reducing manual effort and errors.
How does Nilus automate the bank reconciliation process?
Nilus automatically matches bank transactions with accounting records in real-time. It uses machine learning to detect patterns, quickly identify discrepancies, and suggest corrective actions, significantly reducing the time and effort involved in manual reconciliation.
What kind of data does Nilus analyze for optimal decision-making?
Nilus analyzes a wide range of data, including historical transaction records, economic indicators, counterparty information, and current financial positions. This comprehensive analysis enables informed decision-making and proactive risk management.