How important is securing liquidity and smooth payment services for your business?

Liquidity forecasts are still commonly created in Excel, which is an error-prone process with disproportional time spending compared to the quality of the result. Quite often the forecast also ignores data which resides in remote systems, resulting in just partial visibility of the situation. We claim that access to continuously updated, on-line information on cash forecasts and liquidity throughout the corporation is the right of every cash and treasury manager.

Improving productivity, observing compliance and increasing transparency in internal operations are important objectives for many companies. In particular, the functionality and security of payment processes are vital for both the financial administration and the entire company. However, payment and interacting with banks are in the middle of a big change. Banks are opening their interfaces and corporate customers will be able to obtain better solutions for their specific needs by using banking and cash management solutions on the market. International operations no longer require direct local bank connections, and handling payments hardly consumes any working time.

CashForecast offers continuous visibility to liquidity and cash forecasts.


Analyste Banking helps you automate payment processes and reduces the time spent on manual work.

Why you should challenge your cash forecasting and payment processes

Many of the new customers we onboard have already had a reasonably well functioning cash forecasting and/or payments process. However, their work may have been slow, manual and error prone, which is risky both in terms of content and timing. If that sounds even remotely familiar, let’s see if we can help you too!

Cash forecast handcrafted - with weak results

Although there is a variety of solutions to improving your cash forecasting, many corporations still make cash forecasts in Excel. The reason may be that many desktop forecasting tools are not flexible or do not enable consolidating data from multiple sources or systems. But can you afford to spend hours every week on manually collecting data from different systems and banking software into a spreadsheet? Manual forecasting slow, and the handcrafted report expires quickly, for example when new invoices are registered in the various ledgers.

Liquidity is a vital asset for a growth company, for obvious reasons. It is also important to consider how the company is able to support their financing enquiries. A complete and quality-proofed cash flow report facilitates the financial institution’s decision making and adds credibility to the applicant.

Risks in payment transactions

Even though your payments may automatically flow from the ledger system to a bank, a complete audit trail of transactions or the participation of different individuals is often not collected and available. Relying solely on the direct integration between an ERP system and an internet bank may become challenging and costly when dealing with several banks. Many financial systems also lack the flexibility to cost-effectively support automated posting, making it a manual job.

  • How much time is spent on manually uploading payment material?
  • Who has the right to trigger and even change payments?
  • How to tamper-proof the payment material?
  • Where can you see by whom and when the materials have been processed?
  • How much time is spent for example on financial audits?

Do errors occur and is there any possibility of misuse?


If these arguments sound familiar, fill in the contact form further below

  • You need more reliable and continuous visibility into the group wide liquidity
  • Manual, repetitive work steps steal your time from other business supporting work
  • You want to modernize working methods in your company
  • Your company has identified the need to review financial tools and processes
  • The company or auditor has identified risks associated with the current operating model
  • Payment services and liquidity forecasting are decentralized and need to be centralized
  • Interest groups, such as investors, require a credible cash flow forecast from the company

Advantages of SaaS cloud service

Advantages of SaaS cloud service

How cloud service differs from a locally installed solution?

A concrete difference between an installed license and a cloud service is that software updates are automatic and included in the cloud service agreement, requiring no effort from the customer. Using a cloud service engages minimal IT resources, if any.

At a modern workplace, exceptions must be possible to handle independently of time and place. You can log in to the cloud from any device because it is not dependent on a particular workstation. The duties and rights of individual users are defined based on their role, simplifying the necessary control and audit easy.

Security in the cloud

For a SaaS provider, security and performance are always key. In general, cloud services deliver better security than individual organizations can provide in their own environments. Thanks to economies of scale, cloud service providers can invest on meeting security and performance requirements at a level that would simply not make sense for the end users themselves.

  • Quick and effortless deployment
  • A genuine cloud service with an intuitive user interface
  • A solution that adapts to your organization's needs
  • Simple integration with different financial management systems
  • Version updates and customer support are included in the monthly price of the service
  • You only pay for the features you need

Interested? Contact us and book a demo!

Learn more about the Analyste Banking and CashForecast solutions

 Fill in all the required fields if you would like us to contact you and organize a demo!

A solution for smooth and reliable payment transactions.

Analyste Banking is a multi-banking software for automating payment traffic.



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