An accurate view of corporate cash is critical to the health of every organization, as it enables them to make payment, investment, and money-movement decisions that best provide optimization of working capital. Many factors complicate financial executives’ ability to obtain this visibility into cash. These factors include: the global economic situation, which has highlighted the concept that cash is king, expansion of corporations' domestic and international bank relationships, and the maintenance of critical information in diverse, evolving ERP systems and back-office applications. In short, the corporate “cashscape” is expanding and difficult to navigate.
Bottomline’s C-Series™ solutions provide finance departments with the visibility and control they need to effectively manage corporate cash. C-Series™ Cash Reporting is a turnkey, Excel-based cash management solution that provides robust functionality for collecting and viewing consolidated global cash balances and AP/AR transaction data. C-Series Wires is a low-cost, Web-based solution that automates domestic and international funds transfers, and includes integrated confirmation and reporting capabilities.
Using C-Series solutions, organizations can:
- Increase visibility into cash positions
- Optimize working capital
- Reduce financial risk and fees
- Streamline business processes
Both C-Series solutions leverage SWIFT Alliance Lite for secure connectivity to more than 8,500 financial institutions in 209 countries.