News and Views from the Cashbook team

In the world of finance and accounting things are moving fast. Accounting processes, standards and ways of completing tasks are receiving updates more frequently. Especially in the current ‘innovation era’ and the increased advances in technology. New developments can have a large impact on your business. It may lead to financial staff spending more time on additional manual processes. Your company may need to hire people to complete these new tasks, or employees may leave due to the extra manual processes. Automation of manual financial processes is now a must […]

What is ISO 20022? The ISO 20022 standard has been developed to get everyone in the financial sector using a single common language, consistent terminology and formats. It facilitates electronic data transfers between financial institutions, customers, users, suppliers, infrastructures and regulation authorities. ISO 20022 will transform the cross-border payments, securities, funds, FX trading and credit card sectors. It will also help to massively reduce risk and fraud. In Payments, ISO 20022 is widely considered as the essential component to modernise the global payments infrastructure. The financial world is moving towards […]

In September, Cashbook descended on New Orleans, Louisiana for the Inforum 19 conference. This event attracts 5,000 attendees from over 60 countries over four days. Inforum is our most significant event of the year and Cashbook have been an Infor partner since 2010. This was our ninth successive Inforum conference, so we are seasoned veterans at this stage. A lot of Cashbook customers are running Infor ERPs such as: BPCS/LX, XA/MAPICS, Lawson S3, Lawson M3, and S21. These ERPs are a great fit for our Cash Application automation solutions, and […]

Cashbook attended the 2019 Credit Team Awards in Dublin on the 18th October. These awards are organised by Irish Credit Management Training and are sponsored by the Business Post. They recognize the achievements of credit teams in multiple industries with a variety of categories. The Credit Team Awards acknowledge the efforts credit teams make in maintaining cashflows for their company throughout the year. Consistent cashflow is hugely important for every business worldwide. Especially with an impending Brexit and the continuous global trade conflicts. Cashbook were involved in two categories this […]

Cashbook are going to be exhibiting at Inforum 2019 for the ninth consecutive year. Cashbook have been a product partner of Infor since 2010 and been a mainstay at this flagship event. This year’s Inforum is being held in New Orleans at the Ernest N. Morial Convention Center from 23-26th September. At Inforum 2019, Cashbook will be located at Booth #1723 and we will be doing live product demonstrations of our Cash Application, Bank Reconciliation and Accounts Payable software. Come over to our booth and say hello, and discover how […]

In August of this year, Cashbook officially received the great news of our successful application for trademarking our Cash Automation software for use in China. These trademarks are to safeguard our specific Cash Automation software products and information, and also to prevent copying or direct imitation by others in China. Importance of a trademark in China. It is hugely important to have a registered trademark for your products in China when you are looking to expand your customer base further in the market. In China, it is very easy for […]

Ghost cards are a name given to a specific kind of bank credit card or purchasing method. They are not a real plastic card like the ones we are acquainted with. Hence the name ‘ghost’, it is precisely a credit card number that is specific to each department within a company. Employees in a specific department can make purchases using this one number. All transactions are then charged to a high-limit charge account. It means that multiple people in each department can make purchases using the same number. Below we […]

On August 22nd Cashbook Rising 2019 took place in Cincinnati, Ohio. This was our 3rd annual user conference in North America. It was hosted at the offices of our long-standing customer, Formica Limited. Formica have beautiful and spacious offices which are located just north of Cincinnati. They have been a customer of Cashbook for over 15 years now, and use our cash automation software all over the world. Cashbook Rising attendees came from as far as Canada, California, and Columbus, Ohio! We had a full action-packed day of learning, sharing […]

Cashbook who are headquartered in Limerick, Ireland provide cash automation software solutions to clients all over the world. We also have offices in both Amsterdam and Chicago, and have customers from San Francisco to Shanghai and everywhere in between. Cashbook software helps organisations to achieve spectacular levels of automation in accounts receivable, accounts payable and bank reconciliation functions. Cashbook uses a unique blend of artificial intelligence, machine learning and robotic process automation to automate complex financial procedures. The first half of 2019 saw Cashbook record a huge 35% growth in […]

What is a QR code? The use of QR codes in Cash Automation is an interesting development. A QR code is a type of matrix barcode. QR codes can store information in both horizontal and vertical directions. This allows them to potentially hold a huge amount of information. QR codes were previously used in advertising, upon scanning a QR code on an advert, it would bring you directly through to the company website or specific products and offers. QR codes are the information portal of choice for Moyee Coffee, who […]

“Software flexibility” – The ability of software to change easily in response to different user and system requirements. McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc. Customizable cash management software is a key requirement to solving the specific challenges which finance departments face in 2019. Cash automation software is no longer seen as an expensive trend, it is now a necessity to stay ahead of your competitors by streamlining your finance department.  Maintaining a steady cashflow throughout the financial year and getting […]

At Cashbook, we offer a complete suite of Cash Application automation software modules: Accounts Receivable, Accounts Payable and Bank Reconciliation. We also supply useful Deductions and Portals automation tools as part of our software solutions. Cashbook can automate all of the main finance functions and solve enormous pain points for our customers. All of our competitors offer only a part of the full product suite that we do. Cashbook are the only one-stop Cash Application automation software providers in the market today. Our many years of cash automation experience, industry-leading […]

Cashbook would like to welcome Jaan Kivilo to the Cashbook team. Jaan is Swedish and has joined the team in a Business Development role covering the Nordics region of Europe. He brings with him a great knowledge of financial processes, cash management automation and ERP integrations in the Nordic Treasury/Fintech sector. Jaan qualified with a degree in Economics from the University of Gothenburg, and followed this up with a Master of Business Administration (MBA). It was in Gothenburg University that Jaan developed a passion for the financial sector. He speaks […]

Cashbook have recently started a partnership with iCore who are based in the Nordics region of Europe. iCore are a leading provider of business integration solutions, tools and expertise. They help companies connect their systems and applications, take control of their business processes, and make better use of their data. They do this by providing strategic solutions for business integration based on their specialist platform and expertise. We are excited about developing a long and successful partnership. One that will bring increased value to our shared customers, and help them […]

Cashbook Rising 2019 – Our user and partner conference Cashbook are delighted to invite all of our users and partners to join us for Cashbook Rising 2019 in Cincinnati, Ohio on Thursday 22nd August. This is our annual user and partner conference in North America. After the great success last year in Washington D.C., we have decided to hold our 2019 event in the Mid-West. The event itself will be hosted at the HQ of our longstanding customer, Formica Corporation. Formica have been a customer of Cashbook for over 10 […]

Cashbook’s latest release is v5.9. This follows on the footsteps of last year’s v5.8, it includes an incremental group of new improvements. Here is what our users can expect to find in Cashbook v5.9. Lawson S3 ERP Integration: Integration with Lawson S3, inbound data and outbound Posting File GL165 and Reconciliation file CB185. Bank Statement Import: Enhancements to auto-coding, assignment of Owner and Transaction Source. Health Sector AR Billing Agencies: Imports of EPIC and JDM Posted Cash Files. Portals: Development of Portals for integration with Lawson S3 AR, AP and […]

Company: Epiroc Epiroc is a leading global productivity partner for the mining and infrastructure industries. With cutting-edge technology, Epiroc develops and produces innovative, safe and sustainable drill rigs, rock excavation and construction equipment and tools. The company also provides world-class service and solutions for automation and interoperability. Epiroc are a leading partner for both mining equipment and infrastructure equipment. They have their European shared service center base in Prague, Czech Republic. Business Challenge Epiroc Czech were specifically looking for a solution that could automate their Cash Application and Bank Reconciliation […]

Cashbook have 4 upcoming webinars in March, April and May 2019. These webinars are all 25 minutes in length and will highlight our Cash Application automation software modules. The first webinar will be on how Cashbook integrate our Cash Application automation software with Infor XA. The second will focus on Cash Application automation with email remittances. The third webinar will focus specifically on Bank Reconciliation automation. The final webinar will be industry specific – and will be on Bank Reconciliation automation for Healthcare. Cashbook integrates seamlessly with over 15 different […]

The first forms of check payments (or in UK English: ‘cheque’) were used in the early 900’s. We will be using ‘check’ for the purpose of this article. It was only in the 1900’s, almost 1000 years later that check payments became popular. People then had a way of paying for everyday items without the need to carry cash with them. In the late 1900’s the use of checks reached their peak. This transition was mainly due to advancements in technology and new electronic payment formats. Since the 1990’s check […]

Cashbook are Gold sponsors of the forthcoming inPOWER 19 User Group in Florida. This event will be held on 31st March – 2nd April at the Hilton Lake Buena Vista in Orlando. inPOWER 2019 is an Infor specific user group for Infor LX, XA and System21 ERPs in North America. Attendees at this 3-day event can avail of detailed training, industry presentations, breakout sessions, product demonstrations and expert-led roundtable discussions. There will be many individual vendors offering specific solutions to make life easier for the Infor LX, XA and System21 […]

Cashbook were exhibiting at the HIMSS19 Healthcare conference for the first time this year. HIMSS19 was held in Orlando, Florida on 11-15th Feb. This is the largest healthcare and technology conference held in the United States. The main focus of the conference is education, innovation and collaboration among healthcare professionals. There are 800 educational sessions which are held, these cover 25 different topics throughout the event. Official attendance for HIMSS19 was 42,595 and consisted of the largest healthcare companies, innovation leaders, as well as 1,300 vendors providing innovative technology solutions […]

In November 2018, one of our long-standing customers, Portmeirion Group UK Ltd, upgraded to the latest Cashbook v5.8. Portmeirion is a ceramic manufacturer and distributor of tableware, homeware and gifts based in Stoke-on-Trent, England. They have been manufacturing pottery since 1960 and own established brands such as: Portmeirion, Spode, Royal Worcester, Pimpernel and Wax Lyrical. Portmeirion have been a Cashbook customer since 2012. Through their upgrade to Cashbook v5.8, Portmeirion have access to all new features of the latest release. These upgraded features will see Portmeirion benefit from increased levels of […]

In September, Cashbook were in Washington D.C. for a very special week of events – Inforum and Cashbook Rising. Inforum, which is our flagship event of the year and Cashbook Rising, which is our user and partner conference. As part of Cashbook Rising, we also organized a very special evening with the Irish Ambassador to the USA, Mr Daniel Mulhall, at the Irish Embassy. Inforum Starting off the week, over 7,000 people descended on the Walter E. Washington convention centre for Inforum 2018. The theme at Inforum this year was […]

Cashbook are delighted to welcome Rudi Lehmann to the Cashbook team. Rudi has joined the team in a business development role, based in Tucson, Arizona. His client network reaches to North, Central and South America. Rudi is a native Spanish speaker who also speaks both German and English. Rudi brings a great level of passion and detail to his work, as an experienced sales professional. Skilled in both retail and consulting roles, Rudi can see customer pain points and how technology can alleviate them. A great relationship builder, team player, […]

This article will explain in basic terms what Robotic Process Automation (RPA) technology is, and its role in the accounting industry. We will see how RPA has advanced to streamline current accounting processes, and what to expect from RPA technology in the future. What is Robotic Process Automation? When people hear the words ‘Robotics’ they immediately think of either physical robots or mechanical arms that complete manufacturing jobs in factories. ‘Robotics’ today stands for Robotic Process Automation, this is an evolving method of technology used to automate high volume repetitive […]

Cashbook’s latest release, v5.8,  based on customer feedback and new technology research from our growing R&D team is now available. Below is a detailed summarization of what users can expect to find in our latest version. Categorize Reconciliation Items – we can classify reconciliation items into categories to help identify specific items. E.g. uncashed checks. We’ve added vendor, customer numbers and names into fields captured and linked journals. Aging history of both vendors and customers – this feature allows users to have a clear view of when people have paid […]

Cashbook are pleased to announce that we have launched a new customer success plan in Sept 2018. We have been listening very carefully to our customers on our company visits this year. Cashbook has specifically designed our customer success plan around the great feedback we have received on these visits. We discovered some key issues, issues that we need to address in order to help improve our customer’s journey with Cashbook. The goal is to help our clients further streamline their financial processes, by achieving the most automation possible from […]

Directly after Inforum this year, Cashbook will be holding its second annual user conference, Cashbook Rising, on the 27-28th Sept in Washington D.C. This user event will be held at the infamous Watergate Hotel, and will be starting at 1pm. Cashbook Rising will see both our Cashbook users and partners coming together for two great days of training, education and networking on all things to do with Cashbook. This year we wanted to create a real learning environment, one that is designed to bring value to both you and to […]