Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced the launch of Cashfac Analytics, a real-time data analysis and reporting module that enables banks and corporates to better understand their cash movements.
The module dramatically speeds up the process of analysing, understanding and navigating to the data related to specific cash management functions while simplifying reporting so banks and their corporate customers have greater insight into their operational performance.
The nature of managing operational cash is becoming increasingly complex with firms required to continuously reconcile monetary flows, understand intraday dynamic cash positions and the impact of specific cash movements on their balance sheet. Cashfac Analytics is designed to address this challenge. The module provides access to the different cash flow data that a variety of users across an organisation may need, exactly when they need it. Configurable dashboards provide a more interactive user experience that enables users to navigate data in a much more intuitive and proactive way.
For the Bank’s Corporate users Cashfac Analytics delivers an enhanced user experience through a suite of tailored dashboards configured for specific industries and sectors for different roles and responsibilities. The data that is most useful to that user group is instantly available. The reporting capabilities within Cashfac Analytics enables users to easily tailor their own reports in addition to being able to access greater reporting capabilities in terms of output formats and report layouts.
Dashboards are also available for Banks to enable them to better serve their clients; delivering a granular understanding of their corporate customers’ cash based operations. By proactively monitoring their customer’s cash operations banks are able to be better business partners, tailoring the services they provide.
Tim Martin, Product Manager, Cashfac,said: “Having a better understanding of cash flow is central to the success of any business. With Cashfac Analytics corporates have another useful tool in their armoury to help them achieve a 360-degree view of their cash operations. We are further easing the management, analysis and reporting, of cash flows. While from our bank partners’ perspective we are enabling them to offer an enhanced user experience and valuable business application. In an environment where banks are seeking to differentiate their service and secure loyalty from their corporate and business banking clients Cashfac Analytics can make a significant impact”.