Good cash management is a vital component to the success of any business. It is critical that the Financial Controller is in a position to determine the company’s actual liquidity at any point in time, and be able to forecast future cash flow based on good information and accurate data. Greentree’s Cash Management module offers you the tools to meet these requirements.

Key Benefits

Internet Enabled

Greentree is enabled for Internet deployment, out of the box, using it’s thin client technology. This allows remote offices or travelling executives to obtain secure access to the complete functionality of Greentree.

Bank Account Management

Greentree allows you to set up multiple bank accounts, which can be maintained in both local and foreign currencies. Full integration with the Accounts Payable and Accounts Receivable module ensures the value of payments and receipts entered into the system is immediately reflected in bank account balances. This means a ‘real-time’ and accurate cash position can be determined at any point in time based on up to date transactions.

Cash Analysis & Budgeting

Income and expense analysis codes can be set up for the purpose of analysing cash transactions and grouping them for budgeting and reporting. This enables you to have good control over cash expenditure. Supporting reports present information that is valuable for both historical review and analysis and cash flow forecasting.

Cash flow budgets can be defined an analysis code level within bank account. Budgeting at this level will give you greater control over the company’s cash flow. Budget versus actual variances in relation to all or a specific analysis code can be reviewed at any time so you will always have good information at your fingertips to use as input to management decisions.

Greentree’s FREE functionality supports the retrieval of cash management budget and actual data into Excel. This enables you to analyse and format budget results in a way that can be customised to meet your own business reporting requirements.

Reconciliations

Performing a bank reconciliation in Greentree is quick and simple. The reconciliation matching process is enabled in a user-friendly way, which limits the extent of manual effort required. Greentree also offers an automatic reconciliation process, providing pre-defined interfaces for major banks so that a bank statement data file can be read by Greentree and the bank reconciliation automatically performed. The application of this process can result in dramatic time savings and reduced error.