Cash management is an issue for any enterprise, large or small.
Cash is the fuel of any organisation. Managing it is always a recurring priority for corporate treasurers
and finance managers, but it is also a major challenge and it is rarely done properly.
Getting the business to forecast regularly and accurately is the key to achieve global visibility and control
of your cash. Sadly, this is often done in spread sheets or through systems that can only provide partial and
incomplete solutions to manage the cash.
MyTreasur-e is a solution dedicated to treasury and operational cashflow management and designed to
facilitate the automated consolidation of all enterprise cash flows:
Thanks to the latest in cloud technology, MyTreasur-e also addresses the challenge of allowing business units and
subsidiaries to maintain their forecasts regularly, consistently and easily in a centralised and auditable solution.
As the solution is dedicated to cash management, it also handles variance reporting between actual and forecasts and also
between forecasts and forecasts at different time periods. The organisation acquires a better control and knowledge of its
cash flows and is able to improve the accuracy of the forecasts over time.
The Global Financial Crisis (GFC) reminded us of the vital importance of good cash management. Due to poor
cash management, many businesses suffered liquidity problems. Watching a business going under and running
out of cash even as it makes
great sales and profits is soul destroying.
This common and repeated cause of business failure can be avoided with timely and accurate cash flow management.
MyTreasur-e can also give your organisation an edge in the market place as it provides the keys to efficient working capital
management and help reduce interest expense and fees paid to the banks by enabling a better use of the cash available
within the group.
MyTreasur-e provides a full 360 degree of your liquidity
Why forecasting with spreadsheets is inefficient and a risk to your business?
MyTreasur-e from Finpacific provides
MyTreasur-e software from Finpacific
Credit Unions & Mutuals