Cashfac works with companies in the leisure industries to operate and control the split of cash between franchisee and franchisor. Cashfac solutions enable greater control of liquidity positions across all banking operations. They deliver real time multi-bank, multi-currency visibility of fund flows at a local, regional or global level.
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.