Basic Cash Operations
Basic Cash Operations helps you to manage daily cash operations and provides general information of your current cash position and liquidity forecast.
You can get a midterm liquidity forecast based on the projected incoming and outgoing payments and manually entered planning items.
Payment medium files can either be downloaded and sent to the banks manually or automatically sent to the banks via Multi-Bank Connectivity. This scope item also supports handling bank statement manually or via Multi-Bank Connectivity.
Key Process Steps Covered
- Perform bank integration for outgoing payment
- Perform bank integration for incoming bank statement
- View cash reports
- Manage memo record
- Use cash tools
Benefits
- Integrate outgoing payments with banks
- Retrieve bank statements easily
- Monitor cash position and liquidity forecast centrally
- Establish manual planned cash flow items with Memo Records
- Various tools facilitate tasks such as flow aggregation, job scheduling, application log checking, and bank account balance reconciliation