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August 30th, 2016

The Consequences of Manual Deductions Management

For manufacturers of consumer goods, deductions are an undesirable but commonplace reality. A CPG (consumer packaged goods) manufacturer sends an invoice to a retailer for $100,000 of goods but yet only receives a cheque for $90,000 in return. Why? The retailer in question has applied “deductions”.
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August 9th, 2016

EDI: A chameleon, not a dinosaur

Electronic Data Interchange (EDI) is, fundamentally, the transfer of financial information between businesses. The physical supply chain between buyers and sellers requires a financial supply chain that can capture the complexity of the trading environment. Structure and automation in this process enables vendors, customers and financial institutions to support the physical ...
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June 28th, 2016

Cashbook Announce Release of Software v5.6

In July 2016 we can announce the release of Cashbook v5.6, a cumulative release on the v5 platform which includes a number of product enhancements. 
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June 28th, 2016

Delivering more for BPCS/LX in Europe

For many years Cashbook has been the solution of choice for global organizations looking for a single solution for banking integration. However, there were always specific challenges in the Italian, Spanish and French markets that were filled with products such as Carteras (Italy, Spain) and FCF (France). In 2016, Cashbook ...
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June 28th, 2016

Supporting Our Local Communities

Here at Cashbook we love our sports. It probably comes from a proud sporting tradition in the province of Munster, in general, and in Limerick in particular. In 2016, we’ve sponsored two teams to show we care.
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June 21st, 2016

How Global Enterprises Can Choose the Right Cash Management System

Effective cash management is integral to the success of global companies. In fact, it is necessary to any company of any size. However as a company grows, the volume of payments and invoices tend to grow too. Therefore, efforts need to be strengthened to manage cash flow more efficiently and ...
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June 15th, 2016

Cashbook Customers meet Bacs deadline for 13 June, 2016

Automated payments are at the very centre of the UK’s financial system, providing an essential service for both consumers and organisations. Bacs is the company which runs Direct Credit Payments and also Direct Debits in the UK. Cashbook Software have been an approved supplier of Bacs software since the late ...
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May 23rd, 2016

Bank Reconciliation Automation: “Supposed” Myths Debunked

The bank reconciliation process is essential to having a clear understanding of business performance and to facilitate efficient business planning.  However, many large organisations still conduct bank reconciliation processes manually, which ensues a long, frustrating, labour intensive process. With manual bank reconciliation comes a high propensity for human error too. ...
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May 16th, 2016

Why You Need to Leverage Cash Application Process Automation

Cash application is a highly manual, repetitive, time-consuming process. One that is rife with inefficiencies, audit and compliance issues and increasing bank costs. Many organisations accept the implications of manual cash application as a “necessary evil”. However, organisations who avoid utilising cash application automation software are hurting their bottom line. ...
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April 12th, 2016

4 Solid Reasons to Invest in a Cash Management Software Solution

In global enterprises, the key role of the treasury management team is to ultimately ensure effective cash management. After all, cash management is integral to the financial health of the company.
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