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It enables banks to improve the rates of engagement of the SMEs under them. Furthermore, the solution also tracks the progress of the enterprises, analyses the pros and cons and then includes them in the finance management. Strands BFM then leverages and assesses the type of customer an SME has, and then plans to manage its finances accordingly. The software solution provides a product sheet to the banks and individuals to get an insight into the type of enterprise and how the finances are taken care of. And thirdly, successfully scaling their businesses. Firstly, the problem with money management. Primarily, the tool solves 3 basic problems. Strands BFM allows banks with bookkeeping and accounting services for the SMEs working with them. What is Strands BFM and how does it work? Strands BFM pricing: Strands BFM Offers Custom plan. Additionally, Payference's AI-powered collection intelligence platform offers a consistent, proactive, and automated approach for receivables management. It clears the path for the finance team from start to finish, empowering them with actionable information and advice. It identifies working capital leading indicators, displays trends across multiple criteria, and makes recommendations. The platform assists in raising DPO in an intelligent manner and automates processes for collecting cash. Payference offers you a clear picture of your cash situation today and in the future, allowing you to make better choices. You can provide your executive teams and boards with easy-to-understand reports and reconcile payments with bank transactions. You can automate repetitive activities and data entry, allowing the finance department to concentrate on higher-value things and improve your collections. With Payference, you get Payference IQ that unleashes cash by improving payables and receivables. It brings together all of your financial data in one place by effortlessly connecting with ERPs and bank accounts. Payference is a cash management platform that assists CFOs and finance teams in effectively managing and forecasting cash. Payference pricing: Payference Offers Custom plan. Thus, for companies with multiple main activities, CashController becomes more of a financial assistant than a mere software. Thirdly, based on current information automatic rolling forecasts are prepared for clients to take action on. Secondly, the insightful reports are prepared with readable details. The four most important financial components of business operations that are displayed include sales, gross profit, costs and net profit. Firstly, it offers an overview of the pertinent financial situation. The dashboard is one of the highly reviewed inclusions of a CashController package. Further, it also offers clear and interactive dashboards, readable reports, drill down to invoice level and extensive simulations alike. The software is a go-to for eminent clients from various business fields like SMEs, wholesale distributors, accountants, transport, services, start-ups, ICT companies and webshops to mention a few. This ranges from real-time insights of incoming and outgoing cash, maintaining budget spreadsheets and cash collections for handling projects of varied sizes. Simply put, CashController takes charge of every activity related to a registered client’s cash. What is CashController and how does it work?ĬashController is a financial software to control the cash flow. Additionally, you can also connect teams through collaborated tasks, comments, mentions, and smart alerts. Budgets, profits, and cash flow for projects can all be managed with Caflou. Users can define the scope of the project, as well as the deadlines and responsibilities. It also offers workload reports that let you keep track of how much effort your workers undertake. Using the team's financial report, you can keep account of which team member, employee, or team is producing income for the company. You can quickly determine which operations, customers, or projects generate revenue and where money leaves the organization. You can determine where you can cut costs, monitor and track your team, and manage projects. With Caflou, you can manage your whole business and workforce in one single system along with organizing your financial flow and company operations. It connects your projects, customers, offers, timesheets, tasks, invoices, cash flow, and orders electronically and logically. Caflou is an advanced business management system that enables you to gain complete control over your company and team by doing everything online.
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