Our Cash management explained
What cash management means in a corporate group — and how Onefin compares to a traditional bank cash pool.
In the current market environment it is more important than ever to stay in control of your financing and your company’s liquidity. Cash management in a group structure is essential to make sure liquid funds are allocated efficiently between subsidiaries. A complete picture of the group’s cash flows, income, expenses and investments is central to effective financial steering.
A common solution is a cash pool, offered as an option by most large banks. An account structure is set up to mirror the ownership in the group, and money can be allocated automatically between the subsidiaries. Cash pools are often costly, can involve considerable administrative complexity, and are not available to every customer.
Onefin offers an alternative route to efficient cash management. With our platform you can easily collect and integrate data from your different companies and get a real-time picture of the group’s cash flows. Our features let you plan and analyse group liquidity effectively by bringing together data from your banks, your financing and your tax accounts.
In Onefin you get an overview of the group’s cash flows: income, expenses and investments for every company in the group, giving you a clear picture of where the money comes from and where it is used.
You can also manage liquidity proactively. With access to real-time data across the group, you can identify upcoming liquidity shortfalls in individual subsidiaries ahead of time and simulate actions such as divestments, intercompany loans, loan repayments or new share issues.
The platform also automates many of the routine tasks in the cash management process, reducing manual work and freeing up time for strategic analysis and decision-making.
If you are interested in Onefin’s solutions, you are welcome to contact us and we will tell you more.