Cashfac works with companies in the Industrial and Manufacturing sector to provide central treasury operations with real time visibility and control of all cash operations. Cashfac enables multi-bank, multi-currency cash management of upstream, mid stream and down stream operations.

Cashfac replaces manual and disparate processes with automated, audited, straight-through-processing. Cashfac solutions enable continuous reconciliation of transactions and balances to ensure the integrity of a firm’s cash position. They offer control of bank accounts, both real and virtual, providing a single view of transaction and balance information across all counterparties.

Applicable solutions include:

  • Multibank Cash Management enables multi-banked corporations to have a single real time, intraday view of cash across all currencies and accounts. Cashfac offers greater control over the management of sweeping, pooling and target balances.
  • Accounts Receivable Management to assist the collection and management of high volume payments. The entire process, from payment collection through reconciliation to receipt allocation and matching, is automated.
  • Virtual Accounts simplifying the management of client accounts through access to an unlimited number of virtual bank accounts capable of facilitating payments, managing settlement and account reporting.