cash management

Streamlining Your Bank Reconciliation Process with Automation Bank reconciliation is a critical process for any business, ensuring that the transactions recorded in your financial statements match those in your bank account. While essential, this task can be time-consuming and prone to errors, leading to potential financial discrepancies and wasted resources. ...

Understanding Collections Product Director Mike Burns explains the basics of collections. First of all, cash application is all about matching incoming customer payments with customer invoices and then trying to automate that as much as possible so that it correlates and they match. Therefore, we can close out the invoices ...

From the 21ST – 23RD of February, it will be Cashbook’s first time at Catex, Ireland’s largest foodservice and hospitality event taking place in the RDS, Dublin. CATEX, Ireland’s largest foodservice and hospitality event, returns to the RDS, Dublin from 21st –  23rd February 2023, with a firm focus on ...

In 2020, Microsoft announced that they would be moving away from Internet Explorer (IE) support. They stated that the IE 11 desktop application would be retired on 15th June 2022 and all support for it would cease on Windows 10.

Effective cash management is integral to the success of global companies. In fact, it is necessary to any company of any size. However as a company grows, the volume of payments and invoices tend to grow too. Therefore, efforts need to be strengthened to manage cash flow more efficiently and ...

Cash application is a highly manual, repetitive, time-consuming process. One that is rife with inefficiencies, audit and compliance issues and increasing bank costs. Many organisations accept the implications of manual cash application as a “necessary evil”. However, organisations who avoid utilising cash application automation software are hurting their bottom line. ...

In global enterprises, the key role of the treasury management team is to ultimately ensure effective cash management. After all, cash management is integral to the financial health of the company.

Cash allocation has always been an agonizing, labour-intensive task. Your accounts receivables or dedicated cash allocation team can spending endless hours on manually allocating cash. Manually processing payments received via cheques, credit cards, debit cards, BACS and other payment methods and matching them to the corresponding invoices is not only ...

Cashbook were recently represented at Infor Next 2015 in Chicago. Infor Next was seen as a must-attend event for us with Cashbook serving as Infor’s Global Banking Partner System, providing compatible cash management solutions for their BPCS, LX, XA and System 21 ERP systems.