Supply Chain Management

Cashfac meets the needs of supply chain management firms by delivering a cash and banking platform that enables efficient funding and settlement of global operations through a flexible virtual account solution. Our flexible virtual account hierarchy enables the client to track and manage funds used for a range of purposes globally, without the need to open real bank accounts and the complexity and cost that brings. Clients can set up regular recurring payments in the solution which can be made to 3rd parties globally in any currency via Swift instructions or other national payment types. Accounts can be prefunded to make payments for payroll or other payments for goods and services. Users can access accounts through the Cashfac UI or, alternatively, Cashfac is used as a passthrough with connectivity to internal Accounts Payable systems to drive payments and a connection to the core banking system to reconcile against the real bank account cash movements.