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Our solutions

Sweeping and target balancing

We offer automated sweeping and target balancing functionalities to optimise liquidity/availability while maximising return on money.

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Use virtual accounts to automate simple or complex sweeping requirements

For many years, businesses and banks have needed to move money between accounts to optimise their liquidity or availability while maximising return on that money. This could have been for imprest (top up) accounts to hold funds in the most logical place or even to forward monies, when a balance has been achieved, to a third party. As a rule, this process has been manual or has required an immensely powerful mainframe solution to automate even the simplest of sweeping requirements.

Our virtual accounts platform provides this as out of the box functionality. Our solution offers businesses the opportunity to automatically allocate receipts and instigate other actions which are dependent on those receipts. The solution splits received credits and forwards each split either to third parties or other internal accounts and sets these splits on either the narrative of the payment or on a value basis of the credit. It monitors all monies held and achieves target balances and commits to a set of actions that match the customer’s risk profile. It can also defund or “sweep” a virtual account automatically when the credit causes it to reach its target balance.

For more information, contact the team to discuss your requirements or request a demonstration.

Cash Management Solutions for all Industries

From banks and non-banking financial institutions to property management firms and government departments, our solutions help hundreds of organisations improve the productivity, visibility, automation and regulatory compliance of their cash management operations.

Cash Flow Forecasting

Our cash flow forecasting solution helps business owners to forecast and revise their cash flow on a daily and intraday basis.

Client Money Management and Compliance

Our client money (CASS) solution offers a full suite of accounting, banking, reconciliation and reporting functionality.

In-house banking

Our in-house banking solutions help businesses to centrally control cash operations across multiple banks and regions without the need for a banking license.

Interest Rate Management

Our virtual accounts platform allows businesses to calculate interest due on their virtual account independently of their real bank account

Liquidity Management

Cashfac’s liquidity management solution works with your existing accounting/ERP, treasury management and back-office systems.

Multi-bank

Our Virtual Accounts platform is a multi-bank cash management solution. It is designed to provide centralised visibility and control of all banking operations.

Order-to-Cash

Cashfac works with your existing systems to help shorten your business’s order-to-cash (O2C or OTC) timeline.

Payments

As an FCA authorised PIS (Payment Initiation Service) provider, our virtual accounts platform allows businesses to initiate payments straight from our platform.

Talk to us today

To find out more about how Cashfac's solutions can help your business, get in touch with our helpful team

Or call us on

+44 (0)20 7920 0617

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