Business Financial Management (BFM) helps companies to manage their financial flow. BFM enables the automation and centralization of finance-related activities. Some of its main functions are the real-time visualization of taxes to be paid and automatic updates of the P&L and Balance Sheet.
Includes: Balance and Transaction History
Benefits
SMEs can benefit from improved cashflow management, overall financial management and save on their financial accounting costs.
FIs can understand their customers’ history, their trends, risks and opportunities. It can help create the aggregated picture from across all their financial services products.