Bi-Monthly Reporting Cycle
With CashAnalytics their mid month and end of month reporting cycles can be performed quickly and easily.
Ellis commends how CashAnalytics makes it easy to prepare mid-month reporting, used to check start of month payments and to monitor any large expected payments.
“The system is very user friendly, it’s straightforward to handle large volumes of transactions…..users are delighted.”
– Ellis Roach, TREASURY ANALYST
CashAnalytics also enables effortless end of month reporting, which involves cash calls with local CFOs, validation of all flows, finalization of funding to senior management and the board.
When asked what his favourite features of the system are Ellis said that with the automated bank transaction and account classification, he now feels confident, “I am 100% confident that the actual cash flows are what happened in the bank.” He also commends the intercompany feature and how it leads to better communication, “a transaction input by one business is seen by the other side and they can just have a discussion about it.”
Finally, Ellis gives us insight into how users found the system implementation, “CashAnalytics was an easy implementation. Everyone took to it very well, there is no one user that didn’t want to use the system.”