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BoA’s “data intelligence” strategy transforms CashPro from a transactional treasury portal into a predictive, insight-driven ecosystem that offers dashboards like payments efficiency, supplier propensity, cross‑border payments and fraud protection

August 27, 2025 //  by Finnovate

Corporate treasury teams are evolving from manual, Excel-based, end-of-day reporting toward real-time, data-driven decision-making.  The future of the office of the chief financial officer (CFO) is about identifying the right inputs, applying intelligent tools and harnessing insights to drive smarter payments, optimize liquidity and elevate treasury’s role across the enterprise. Bank of America’s answer to the problems facing treasury teams? A multi-year investment in what it calls “data intelligence,” a strategy to transform CashPro from a transactional treasury portal into a predictive, insight-driven ecosystem that offers dashboards like payments efficiency, supplier propensity, cross‑border payments and fraud protection. Through client conversations, Bank of America realized it had a unique advantage in solving for treasurers problems: the enormous volume of transaction data already flowing through CashPro every day. The first major milestone came in 2022 with the launch of CashPro Forecasting, a tool designed to quickly model cash flow forecasts and offer customizable views into global cash positions. Adoption was immediate and enthusiastic, and continues to see demand with 24% year-over-year growth in July alone. What surprised the CashPro team was how quickly clients started using Forecasting in unexpected ways. Clients began to build transaction workspaces, search by BAI codes to model out service charges and even analyze payments from specific beneficiaries, all within a user-friendly interface. Some users were producing a forecast, while others were doing a deep dive into granular customizations. The tool’s flexibility proved to be its greatest asset, and it revealed a critical truth about product development in the treasury space: when given the right data tools, clients will find ways to extend their value far beyond the initial design. Once the foundation was set, Bank of America layered on tools to make that data more accessible. One of the simplest yet most effective additions was CashPro Search, a universal search bar that pulls from multiple data sources, allowing clients to find transactions without navigating across multiple modules. The results were immediate and continue to see growth in adoption. This July set a record for monthly searches. The evolution of CashPro’s data capabilities is best summed up in what is called the “Three P’s” framework: personalized, proactive and predictive. This principle of harnessing the right data for an operational edge underpins CashPro Insights, which is described less as a product and more as a philosophy. The system flags key security and payment patterns who clients are paying, how, where funds are going, and whether transactions are protected with appropriate fraud prevention measures.

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