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‘CashAnalytics is of great importance to our company’

CashAnalytics required just eight weeks to implement bespoke, company-wide cash flow forecasting, bank reporting and trend analysis processes for the RUBIX Group.

Tom Rooney - February 11, 2020

How to make corporate bank reporting easier: transaction mapping rules

For a large and complex business, corporate bank reporting can be painful. A large number of accounts, each containing a multitude of transactions, can make the process of analysing cash flows unwieldy and time consuming. This equally applies to completing the actuals component of a forecast model, where the data ...

John Champion - September 12, 2019

How to set up a best practice 13-week cash flow forecast

13 weeks is the most popular cash forecasting time horizon. This is because it strikes a balance between accuracy and range, allowing companies to forecast accurately enough to strengthen decision making, and offering a view into the future that stretches far enough to support medium-term planning. Although we’ve covered the ...

John Champion - August 08, 2019

How electronic bank statements enable automated bank reporting

Electronic bank statements are the cornerstone of automated bank reporting. They enable CashAnalytics, as a specialised cash flow forecasting software provider, to offer live and consolidated cash balance reporting to our clients. Although electronic bank statements can be obtained with a simple request to the issuing bank, banks typically don’...

Martin Gillespie - May 17, 2019

Why Finance is Driving the Advanced Technologies Agenda

Working with finance and treasury teams on both sides of the Atlantic, a trend we increasingly see is that IT teams are no longer the gate-keepers when it comes to purchasing technology. Rather, it is finance and treasury themselves who identify and engage the technologies they need to enhance performance. ...

John Champion - May 09, 2019

Data visualisation: accelerating the rise of finance and treasury

In a recent post, we discussed how data visualisation techniques can be used to uncover insights in cash forecasting data. That post offered examples of cash forecasting data visualisations and demonstrated how they enable users to spot insights that might be missed when simply wading through raw data. These insights ...

John Champion - May 01, 2019

How will machine learning, artificial intelligence, and automation help accounting and treasury?

As machine learning, artificial intelligence, and automation transform the finance function, teams are finding new ways to enhance decision support and strengthen their organisations’ competitive advantage. With more organisations recognising the potential of data to drive business development and growth, expectations of finance are shifting. Teams are beginning to focus ...

Conor Deegan - April 23, 2019

Bank reporting connectivity: the key to live cash flow visibility

Many people working in corporate treasury and finance teams struggle to gain visibility over current cash flow levels due to an unwieldy number of accounts. The vast array of different accounts means that the manual, slow, and administratively heavy task of accessing bank account information prevents any kind of real-time, ...

Martin Gillespie - April 11, 2019

Big Data in Finance

As “Big Data” and analytics facilitate the finance team’s transition from cost-centre to strategic business partner, new opportunities are opening up for individuals willing to acquire the necessary skills. Why is this in focus now? In recent years, new technologies and lower computing costs have made it possible for ...

Conor Deegan - March 26, 2019

Understanding APIs

Application Programming Interfaces (API) enable the exchange of information rapidly and securely between different systems. For example, this might be automating the transfer of data between an organisation’s ERP and its bank, or streamlining the exchange of information between internal systems, perhaps replacing batch processing with real-time information. API ...

Martin Gillespie - March 21, 2019

Understanding Robotic Process Automation

Increasingly, organisations are discovering that Robotic Process Automation (RPA) can be a cost-effective way to streamline operations, improve data quality and enable better decision-making. Driving the trend is RPA’s ability to improve efficiency and reduce costs by mimicking how humans interact with applications. In a recent survey, management consulting ...

Martin Gillespie - January 31, 2019

How to benefit from evolving technology

The last decade has seen technology dramatically alter the way we work and the way we live our lives. At its most fundamental, this change is about access to information. You could stop someone walking down the street in Sydney, ask them the results of that week’s American NFL ...

John Champion - October 17, 2018