Gaining daily visibility over bank accounts and cash positions is a challenging yet essential task for head office treasury and finance teams. Multiple bank relationships and banking platforms spread across the world results in complexity that reduces cash visibility and control. Fast and reliable access to bank account information is the cornerstone of effective cash and working capital management.
The StrongBox Bank Account Reporting Module allows you to view all of your bank account information in one place. The solution automates the collection of data from different sources such as swift, bank downloads etc., creating a single source of real time bank account information.
- Complete Visibility
A custom-designed application, StrongBox provides complete cash visibility at your fingertips. You’ll have full coverage over all banks, business units and bank accounts. Quickly see consolidated positions, balances per business unit and total cash holdings with individual banks.
- Maximum Efficiency and Control
StrongBox allows you to manage your bank account reporting process with maximum efficiency and control. Have full confidence in the information you use for decision making purposes by automating all manual data collection, consolidation and reporting processes.
- Clear Analysis
StrongBox is an analytical tool that provides deep insight into your business. Using dedicated analysis and reporting tools, you can create a real-time picture of future cash movements and quickly drill down to entity and transaction level detail.