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Month: November 2016

How Automated Bank Reconciliation Software Benefits Global Retailers

For enterprises both large and small, bank reconciliation is a necessary yet time-consuming and difficult process. The challenges are compounded for global, multi-location retail organisations that manage multiple bank accounts across different stores and in different regions. However, modern, automated bank reconciliation software is enabling large global retailers to perform bank recs with greater accuracy in less time. The pains of legacy bank reconciliation processes The outmoded bank reconciliation method of managing multiple spreadsheets and updating separate programs remains in widespread use, despite the fact that automated reconciliation software regularly […]

Supporting Ireland Making History

With a base in Chicago, Cashbook were among the lucky few who can say they were there when Ireland made history by beating New Zealand for the very first time. After 28 failed attempts, a stunning 40-29 scoreline saw Ireland finally come out on top against the All Blacks, ending a wait of 111 years. Greg Coulter, CEO and Mary O’ Brien, Product Development and Implementations Director for North America, also brought a number of local customers to Soldier Field to witness the match.  

CEO’s Message: Enhancements in Q3 2016

We’ve been busy in Quarter 3 of 2016 following our Product Development Roadmap for 2016-2017 and incorporating customer feedback into our product enhancements. Key improvements to our product in Quarter 3 (July-September) are the following: Intelligent Cash Application automation. For many years, we’ve relied on external products for Optical Character Recognition (OCR) capabilities. Our users wanted a tightly integrated solution to read images and extract relevant information for auto-cash application. After years of research into alternatives we’ve built an integrated solution that increases automation and will save companies fortunes on […]

EXIM Conference Review

Cashbook CEO, Greg Coulter, was invited to be a featured speaker at the EXIM conference in Dublin in September. Here is a short interview of his insights on growing a business in new international markets. At the conference, Greg spoke about Cashbooks experience of expanding into the USA, Europe and Asia and answered questions on his experiences as CEO. This earned him a standing ovation and, luckily, we captured some of it on this short video.

In The Community

A global company supporting local communities, we’re very excited about our sponsorship of the UL Eagles for the season ahead. The Eagles have started the season with a string of challenging matches winning 1 from 4. On October 22nd we played the highflying UCD Marian team and were beaten 95-68. Top scorers for UL were Zedric Sadler 19, Neil Campbell 11, Rob Lynch 10. With the home return league we are hoping to even the score.

Get Ready for Payment Services Directive 2 (PSD2)

Background The original Payment Services Directive (PSD) was adopted in 2007 and the revised version, called PSD2, in 2015. PSD created the foundation for Single Euro Payments Area (SEPA) and PSD2 aims to build on the vision of a single payments market in the EU. Generally, PSD2 has three high-level objectives: Open the EU payment market for companies offering consumer or business-oriented payment services based on access to payment accounts. These will be called Payment Initiation Services Providers (PISPs) and Account Information Services Providers (AISPs). This is designed to ensure […]

Webinar: 20 minute intro to Auto-cash

Want to learn more about Cashbook? Join us on 25th November for a quick webinar on managing cash in your business using Cashbook. For this webinar, we will be demonstrating the Accounts Receivable auto-cash process. We will load file types such as OCR, EDI, BAI, MT940, CODA and email and then apply Algorithms such as auto-matching and Deductions. Our next webinar will be on Friday 25th November 2016 at 11:30 am Eastern Standard Time / 16:30 GMT. To register your interest, email David Rushe.

Best SME Shortlist and Recent Awards

Cashbook are delighted to be shortlisted for Best SME in the 2016 Limerick Chamber Regional Business Awards. We’ll be shining our shoes and putting on our best smiles for the Awards on 18th November. Find out more information here. This follows some great press coverage we’ve received over the last few months. In September, we were listed by Insights Success, one of the United States leading technology and business platforms, as one of ‘The 10 Fastest Growing Financial Solution Provider Companies’. We also featured in The Silicon Review, who listed […]

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