Cash Management
… And respond efficiently to
commitments with third parties.
Cash management is the lifeblood of the company, without liquidity there is no business.
More specifically, our cash management must respond by combining our commitments to third parties, fostering our relationship with banks and securing short- and long-term financing for the business.
The treasurer must manage the treasury on a daily basis and choose the best financing (avoid overdraft, minimize financial expenses) or make appropriate investments, control the financial risks (exchange and interest rates) and control the banks. financial expenses) or make the right investments, control financial risks (exchange and interest rates) and control the banks.
He must ensure that there are no unnecessary financial expenses due to erroneous use of position and clearing. He must also collaborate with the credit manager and ensure the reliability of collections, as well as identify possible cash mismatches.
On the other hand, it must facilitate the processes and share with the accountants for cash journal posting and accounting reconciliation.
MONEY IS NOT THE ONLY ANSWER
BUT IT MAKES A DIFFERENCE.
"
Barack Obama
Control your financial expenses and avoid wasteful expenditures
Treasury Management
Treasury Management
Forecast your liquidity in the short term…
- Get updated payment and collection forecasts in seconds, with files in batch mode or manually.
- The solution automatically annotates forecasts with bank statements. Process the ‘rejects’ and establish the daily cash position.
- Balance bank balances between accounts and companies to avoid unnecessary financial expenses.
- View cash flow by flow, budget code, etc. in just one click, or use the drill down to access details.
- Make treasury, investment and financing decisions with total integrity and security.
- Monitor project progress and easily identify where each team member is in the process.
Risk Management
Risk Management
To visualize exchange rate and currency risks…
- Update the exchange rate position and the risk position based on the forecasts entered in each currency and debt management, respectively.
- Update currency rates and interest rates, manually or by file automatically.
- Visualize in total security the exchange rate and rate position and make hedging decisions (SWAP, CAP, FLOOR, …).
- Value the positions by risk over time and consolidated.
Treasury Budget
Treasury Budget
Projecting cash flow in the medium term…
- Automatically import the Profit and Loss account, as well as the necessary parameters (VAT, collection and payment conditions) to calculate the cash budget.
- Automatically update the actual cash budget data from the treasury or from accounting.
- Compare, every month, the cash budget with the actual data, in just one click.
- Simulate the cash budget each month by combining actual data and budget data in seconds.
Consolidated Treasury
Consolidated Treasury
Consolidate positions…
- Automatic consolidation of treasury positions at global level: Country, Company, Currency, … with 100% traceability.
- Use, for each company, multi-bank and multi-format integrations to upload bank statements automatically every day.
- Provide each group treasurer with the same procedures for adapting forecast data uploads from ERP.
- Eliminate PDF, Excel, etc., to send cash positions. Everything is 100% integrated with maximum data reliability.
- Make hedging decisions. Visualize global positions, even in high-risk countries, that do not allow cash movement.
Banking Communication
Banking Communication
Update with bank details …
- Automatic integration of bank files received for forecasting purposes.
- Manual processing of rejected data and inconsistencies.
- Save bank data for subsequent accounting reconciliation and posting and avoid duplication of tasks.
- Download other necessary file types, other than N43, credit card statement file (for expense notes).
Posting
Posting
Gain in productivity …
- Identify the transactions to be posted automatically and process them in a single process.
- Process the movements identified in the account statement that do not exist in the accounting, such as: Direct debits, commissions, financial decisions, etc.
- Manage customer collections and their breakdown by invoice for matching in the ERP and update accounts receivable.
- Generate accounting effortlessly, every day, every month, with 100% traceability.
Bank Reconciliation
Bank Reconciliation
Verify the bank accounting…
- Generate the bank files received automatically to be able to launch the accounting reconciliation.
- Import bank ledger data from accounting or ERP, and identify and address inconsistencies for maximum reliability.
- Launch the reconciliation and obtain reconciliation statements by accounts, banks, company, etc.
- View in detail the accounting reconciliation by company, bank, account, … at any time.
Reports and Dashboards
Reporting and Scorecard
Gain in productivity …
- Analysis of any data at any time through the power of the database.
- Generate daily cash position reports (balances, net cash, risks, etc.)
Use report package for:
✔︎ Daily cash position, breakdown by bank, nature of receipts / payments
✔︎ Medium-term cash flow projection by company.
- View the treasury scorecard at any time in an integrated and reliable management environment.
- Obtain the banking business report with any periodicity.
Workflow and Messaging
Workflow and Messaging
Communicate, inform, send…
- Instantly communicate the cash position to financial management.
- Plan credit policy renewals and interest rate updates.
- Send the claim document or reports to the banks.
- Monitor group treasury, centralized or decentralized, and get an overview.
- Centralize the currency and exchange rate risks of all companies and obtain better management.
- Organize cash budget revisions.
- Collaboration with other departments, e.g. customers, on the effect of developments on cash, instantly.
- Use the Strategic Objectives for negotiating with banks and other financial institutions.
Integrated ETL
Integrated ETL
Optimize data processing…
- Create sophisticated integration processes of accounts payable and receivable from various ERP, Accounting, … to adjust forecasts effortlessly.
- Inject invoice detail by customer and thus, at the same time, be able to point and update customer accounts in accounting.
- Download the major bank accounts for the accounting reconciliation, on the spot.
- Inject data on currency rates, interest rates…
- Real-time update of any modification carried out on the ERP, keeping reports up to date.
Treasury Management
Forecast your liquidity in the short term…
- Get updated payment and collection forecasts in seconds, with files in batch mode or manually.
- The solution automatically annotates forecasts with bank statements. Process the ‘rejects’ and establish the daily cash position.
- Balance bank balances between accounts and companies to avoid unnecessary financial expenses.
- View cash flow by flow, budget code, etc. in just one click, or use the drill down to access details.
- Make treasury, investment and financing decisions with total integrity and security.
- Monitor project progress and easily identify where each team member is in the process.
Risk Management
To visualize exchange rate and currency risks…
- Update the exchange rate position and the risk position based on the forecasts entered in each currency and debt management, respectively.
- Update currency rates and interest rates, manually or by file automatically.
- Visualize in total security theexchange rate and rate position and make hedging decisions (SWAP, CAP, FLOOR, …).
- Value the positions by risk over time and consolidated.
Treasury Budget
Projecting cash flow in the medium term…
- Automatically import the Profit and Loss account, as well as the necessary parameters (VAT, collection and payment conditions) to calculate the cash budget.
- Automatically update the actual cash budget data from the treasury or from accounting.
- Compare, every month, the cash budget with the actual data, in just one click.
- Simulate the cash budget each month by combining actual data and budget data in seconds.
Consolidated Treasury
Consolidate positions…
- Automatic consolidation of treasury positions at global level: Country, Company, Currency, … with 100% traceability.
- Use, for each company, multi-bank and multi-format integrations to upload bank statements automatically every day.
- Provide each group treasurer with the same procedures for adapting forecast data uploads from ERP.
- Eliminate PDF, Excel, etc., to send cash positions. Everything is 100% integrated with maximum data reliability.
- Make hedging decisions. Visualize global positions, even in high-risk countries, that do not allow cash movement.
Banking Communication
Update with bank details …
- Automatic integration of bank files received for forecasting purposes.
- Manual processing of rejected data and inconsistencies.
- Save bank data for subsequent accounting reconciliation and posting and avoid duplication of tasks.
- Download other necessary file types, other than N43, credit card statement file (for expense notes).
Posting
Gain in productivity …
- Identify the transactions to be posted automatically and process them in a single process.
- Process the movements identified in the account statement that do not exist in the accounting, such as: Direct debits, commissions, financial decisions, etc.
- Manage customer collections and their breakdown by invoice for matching in the ERP and update accounts receivable.
- Generate accounting effortlessly, every day, every month, with 100% traceability.
Bank Reconciliation
Verify the bank accounting…
- Generate the bank files received automatically to be able to launch the accounting reconciliation.
- Import bank ledger data from accounting or ERP, and identify and address inconsistencies for maximum reliability.
- Launch the reconciliation and obtain reconciliation statements by accounts, banks, company, etc.
- View in detail the accounting reconciliation by company, bank, account, … at any time.
Reporting and Scorecard
Gain in productivity …
- Analysis of any data at any time through the power of the database.
- Generate daily cash position reports (balances, net cash, risks, etc.)
Use report package for:
✔︎ Daily cash position, breakdown by bank, nature of receipts / payments
✔︎ Medium-term cash flow projection by company.
- View the treasury scorecard at any time in an integrated and reliable management environment.
- Obtain the banking business report with any periodicity.
Workflow and Messaging
Communicate, inform, send…
- Instantly communicate the cash position to financial management.
- Plan credit policy renewals and interest rate updates.
- Send the claim document or reports to the banks.
- Monitor group treasury, centralized or decentralized, and get an overview.
- Centralize the currency and exchange rate risks of all companies and obtain better management.
- Organize cash budget revisions.
- Collaboration with other departments, e.g. customers, on the effect of developments on cash, instantly.
- Use the Strategic Objectives for negotiating with banks and other financial institutions.
Integrated ETL
Optimize data processing…
- Create sophisticated integration processes of accounts payable and receivable from various ERP, Accounting, … to adjust forecasts effortlessly.
- Inject invoice detail by customer and thus, at the same time, be able to point and update customer accounts in accounting.
- Download the major bank accounts for the accounting reconciliation, on the spot.
- Inject data on currency rates, interest rates…
- Real-time update of any modification carried out on the ERP, keeping reports up to date.
A TECHNOLOGICAL SOLUTION
Our systems integrate with any system(s) used by the organization to homogenize data processing and obtain maximum integrity.
Integration of different data sources:
- Import from SQL through direct queries on the database
- Import of flat files (CSV, TXT)
- Import from Excel
- Import from multiple systems:
- ERP (SAP, Navision, SAGE, Oracle, etc.)
- CRM
- Payroll
- Sales
- Booking
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