Cash flow and financial management

The responsibility of cash flow and management involves keeping a constant eye on the cash in hand situation, negotiating and watching over the conditions applied by banking partners, take good decisions regarding financing and investment decisions, heeding the needs of subsidiaries to offer them the best response (financing, support and advice), etc., all while exchanging information with other departments in the company (accounts, payments, HR, purchasing, debt-recovery, back-office, reporting, etc.) and with external partners (banks, government agencies, etc.). It is a matter of optimising daily processes and the management of the company's cash. It is therefore vital to be able to collect reliable information.

Besides, the regulations regarding the standardisation of payment means (SEPA project) require a general reflection on the future migration of one's IT system and on the centralisation of payment means.  

Our tool - NEOFI Link - enables you to solve your everyday problems :

• Working together on the setting up of the SEPA projet  with a gradual migration without upsetting everything,
• Automatic recovery and preliminary controls of your  account statements with alerts in cases of anomalies,
• Possible transformation to the right format before their distribution or integration in another application,
• Collection and automation of your system of reporting with subsidiaries with reminder alerts, 
• End of period, breakdown and distribution of your interest scales to subsidiaries,
• Periodic accounting of your cash flows (cash transfers and interest scales)
• Multiple format exchanges with your banking partners in all countries taken into account

The benefits of such a solution :

• Improve the capacity for decision-making due to the punctuality, the precision and the reliability of data circulating in the company
• Reduce or even eliminate manual data capture and handling tasks (around 30%)
• Anticipate the risks associated with the absence of statements, with the automatically triggered e-mails and SMS messages.
• Construct your own reports with the Reporting module of NEOFI Link
• Migrate your cash flow or banking communication software at the lowest cost
• Be ready for SEPA, without changing everything and while continuing to use current applications