Amtrak Enhances Forecast Accuracy with AI-Powered Tools

Amtrak has improved its cash flow forecasting by using J.P. Morgan’s AI-powered Cash Flow Intelligence, enabling real-time insights, better liquidity control, and support for long-term infrastructure goals. This is reported by the railway transport news portal Railway Supply.

The national rail company operates over 300 trains daily across 21,000 miles in the U.S. and Canada. About 40% of Amtrak’s annual budget comes from state and federal funding delivered in three large payments.

Don’t miss…Swiss Railways Test Solar Panels Installed Between Tracks

To manage this structure effectively, Amtrak’s treasury team needed a smarter forecasting method. They partnered with J.P. Morgan Payments in 2022 and adopted a beta tool designed to enhance visibility and categorize cash streams.

The platform, now fully operational, is integrated into the J.P. Morgan Access® system. It uses machine learning to detect cash flow patterns and separates daily credit card sales, monthly agency receipts, and federal disbursements.

Amtrak Gains Financial Flexibility Through Data Insights

With clearer segmentation, Amtrak improved forecast accuracy, reduced reserve balances, and invested idle cash. These investments helped the company meet income-based grant requirements for major infrastructure projects.

Unused funds no longer sat idle, and returns increased. According to the treasury team, this strategy also supported program income requirements crucial for securing matching federal grants.

Amtrak also began using the SAP Real-Time Treasury plug-in to centralize financial operations and monitor station cash flow. The system enabled real-time payment tracking, reconciliation, and accurate reporting across the enterprise.

Amtrak Advances Digital Strategy with SAP Integration

The company plans to migrate its treasury system to S/4 HANA, SAP’s latest ERP platform. This upgrade will unify payments, automate reporting, and strengthen financial collaboration across departments.

These changes align with Amtrak’s broader strategy to expand service and improve rider experience. The improved visibility into cash operations supports growth, stability, and ongoing digital transformation.

Through real-time treasury tools and strategic investments, Amtrak positioned itself to deliver more efficient, data-driven financial management while unlocking new funding opportunities.

Source: www.jpmorgan.com

News on railway transport, industry, and railway technologies from Railway Supply that you might have missed: