CASH MANAGEMENT

As a part of integrated system the Cash Management application is a software module whose functions are registering of balances and flows of all funds, control and  managemment of account balances and cash flows, registering and supervision of changes executed, processing and informing as well as tracking of funds reserved for special purposes.

Cash management is coupled with other financial modules of the Ocean Financial Application Package: General Ledger, Payables, Receivables, Fixed Assets and Purchase Orders (financial), Risk Analysis and Fee Calculation. It can be implemented either as a stand-alone system or integrated with other OFAP modules.

> more on software module Cash Management

FUNCIONALITY AND FEATURES

Automatic tracking of cash flows ensures of liquidity and strengthens profitability
Broad range of choices and methods for cash flow management
Automatic entry and/or manual entry of data which are necessary for registering of transactions executed
Automatic updating of data, review and printing of data after transaction execution
Possibility of recording and tracking of all balances of funds
Simple management of petty cash operating with cash
Automatic updating of cash amounts and forecasting of cash flows
Automatic procedures for presenting information on current account balance, 
     cash flows, deposited and reserved funds for particular purpose
Accepting of information on payment transactions
Updating of information on account balance and own cash flows
Possiblity of querying and reviewing of account balances
Daily reporting on account transactional changes
Support to multi-currency balance reviews - registering of transaction currency
Support of internal system control
External system data interface - banks 
Reporting in MS Word and Excel