A customized Data Extraction and OCR solution for full automation of the Lockbox process
Founded in 1969, Alamo Group has nearly 3,000 employees and operates 24 plants in North America, Europe, Australia and Brazil as of March 31, 2017. Their corporate offices are located in Seguin, Texas and the headquarters for the Company’s European operations is in Salford Priors, England. Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for infrastructure maintenance, agriculture and other applications.
Bank Reconciliation Case Study
Five Guys are a fast food company founded in 1986 in Washington, DC. Five Guys are rapidly expanding their number of outlets in Europe and the UK marketplace through franchising. Due to the speed of this growth, their manual systems became time-consuming and too cumbersome to process the increasing daily volumes. Five Guys needed automation to help deal with the increasing volumes.
How progressive companies are automating 80% of deductions and unlocking trapped capital.
MTD, founded in 1932 and a worldwide leader in designing and building durable, easy-to-use outdoor power equipment for lawns and gardens, were struggling to manage and control the deductions management and cash application processes across multiple banks and markets, namely Europe, North America, Asia,
A streamlined, automated solution for a demanding lockbox process
Exide Technologies is a global leader in stored electrical energy solutions with operations in over 80 countries. In Feb 2009, Exide came to Cashbook looking for an automated cash management solution for their increasingly demanding Lockbox process.
Automated cash application, reduced banking fees, faster payment processing and simplified cash management
The Formica Group, owner of the Formica® brand, is a global provider of surfacing solutions and the world’s largest manufacturer of High Pressure Laminates. In 2007 they set up an EMEA Shared Service Centre in Newcastle, UK.
One credit card and bank reconciliation solution for all stores
TGI Friday’s is a household name and casual dining chain of restaurants that operates all over the world. As with most retail chains, they handle a large volume of transactions and multiple methods of payment such as cash, credit cards, cheques, laser, etc.
An automated solution for European-wide bank upload and electronic payment process
Essentra specialises in the supply of plastic and fibre products. Their global network spans 33 countries and includes 53 manufacturing facilities.
Automated cash application, better reporting and a clear audit trail
Petzl is a world leading manufacturer of climbing gear, caving gear, work at height equipment, and headlamps. The company was created by Fernand Petzl in France in 1975 and is currently headquartered in Crolles, France. As the company grew globally they set up a US headquarters in Clearfield, Utah in 1995.
Automated cash application, global payments & reconciliation
Portmeirion was founded in 1960 by the legendary pottery designer Susan Williams-Ellis and her husband Euan Cooper-Willis. Portmeirion is now a growing company with global revenues in excess of £22 million per annum.
One single method of applying cash. Automated global payments & reconciliation
Camloc Motion Control Limited is a leading designer and manufacturer quality engineered solutions. As the Camloc business grew and expanded into new markets, the volume of financial transactions increased substantially.
Whatever your ERP, we’ll fire up its Cash Management engine.
Enjoy an incredible level of automation, functionality and control.