For corporate treasurers, processing receivables is a challenging task. Only through automation of receivables processing can treasurers improve processing speeds, increase operational efficiency, and reduce processing errors and costs. Additional benefits emerge downstream in improved cash flow and working capital management, resulting in a stronger bottom line.
Finastra's Fusion Cash Management includes receivables management capability with a comprehensive range of features for managing collections. Through direct debits, a corporate treasurer can reduce transaction costs by automating collections. Electronic accounts increase the visibility of transactions and provide easy reconciliation. With these features, the solution helps companies manage and control their cash flow and reduce costs.