In today’s increasingly complex business world, effective Funds Flow Management isn’t merely important; it’s vital. All other parameters being equal, how well an organization manages its collections, payments and liquidity, has a direct bearing on its status, against a highly competitive backdrop. Effective Management of funds would mean optimizing a company’s collection and payment methods so as to maximize cash flow efficiency. Cash Management has become the prime focus area of companies, who demand swifter methods for transfer of funds.

Our Web Based Cash Management solution empowers banks to offer their corporate customers optimized Cash Management services, by drastically improving their:

• Funds collection
• Inflow forecasting
• Speed and quality of information assisting the process
• Payment dispatch
• Funds utilization in order to avoid zero interest accounts

The solution is divided into two broad categories – On site Bank Operations and Web Driven customer operations. By seamlessly supporting multi-bank, multi-currency, multi-lingual transactions, it ensures smooth flow of information and cash. And consequently, it strengthens the bonds between the bank and its corporate customer universe.

Our turnkey remote banking solution consists of three functional modules:

• Collection of domestic and foreign currency instruments, including post dated instruments
• Direct Debit Instructions (DDI)
• Invoice data capture and matching across collection methods and collection transaction processing systems
• Support for financing (guaranteed credit and check purchase)
• Customer and user reports both at regional and country level

• Facilitate payments using Fund Transfers and check methods
• Facility for In-country and Cross-Border payments
• Facility for Invoice capturing
• Facility for 3-tier reconciliation – Instruction vs. Payments, Debit vs. Payments and Invoices vs. Payments
• Direct Credits

• Management of surplus liquid balances by transferring them to interest bearing accounts through sweep facility
• Facility for one or more ZBA accounts
• Facility to create a pool of accounts allowing the customer to enjoy higher interest rates depending on aggregate balance position
• Facility to allow netting of receivable or payable advices, using bilateral arrangements or multilateral arrangements

• Highly marketable offering
• Inexpensive and effortless setup
• Minimal operational overheads
• Minimal administrative expenditure
• Flexible charging structure
• Automatic accounting
• In-built loss prevention mechanisms
• Offer an integrated end-to-end solution for the customer

• Reduced opportunity cost
• Reduced operational cost and paperwork
• Operational and management reporting automated
• Single Window interface and processing gateway
• Dedicated customer service
• Enhanced security
• Controlled cash position
• Simplified reconciliation