An accurate view of corporate cash is critical to the health of every organization as it enables them to make payment, investment and money-movement decisions that support optimization of working capital. Many factors complicate financial executives’ ability to obtain this cash visibility. These factors include: the global economic situation, which has highlighted the concept that cash is king, expansion of corporations' domestic and international bank relationships, and the maintenance of critical information in diverse, evolving ERP systems and back-office applications. In short, the corporate “cashscape” is expanding and difficult to navigate.
Bottomline’s C-Series family of solutions provide finance departments with the visibility and control they need to effectively manage corporate cash. C-Series Cash Reporting is a turn-key, Excel-based cash management solution that provides robust functionality for collecting and viewing consolidated global cash balances and AP/AR transaction data.
Using C-Series solutions, organizations can:
- Increase visibility into cash positions
- Optimize working capital
- Reduce financial risks and fees
- Streamline business processes
To further automate payment processing and cash reporting, C-Series solutions leverages the SWIFT network for secure connectivity to more than 8,500 financial institutions in 209 countries.