Honeycomb®ERP Cash Management offers extensive tools to manage multiple bank accounts efficiently, including electronic fund transfer and bank reconciliation. The solution distinguishes itself through its powerful Cash Forecasting engine, which enables the user to analyze cash inflows and outflows for any time period and currency by applying selected forecasting methods. Cash Management is a focused hub in the Honeycomb®ERP suite, providing a comprehensive view of cash-related transactions throughout the system.

Electronic Interaction

Reduce time spent on routine tasks while improving accuracy:

• Pay your vendors via wire transfers
• Collect from your customer using direct debits
• Reconcile your accounts by uploading your bank's cleared check file (if your bank has provided the facility).

Cash Forecasting Questions

Cash Forecasting tools provide you with timely, accurate answers to all your cash management questions and empowers you to effectively and efficiently manage your other bottom line – your cash.

Centralized Control

Cash Management is fully integrated with the entire Honeycomb®ERP suite of applications. Cashbook and Cash Forecasting draw against Honeycomb®ERP information contained in:

• Accounts Payable
• Accounts Receivable
• Purchasing
• Sales Contracts

This enables the user to perform timely interactions and complete analyses through a rich feature set.

Cashbook  

• Cash entry
• Cash payments (supporting electronic fund transfer)
• Cash receipts (supporting direct debit)

Cash Forecasting

• Statistical analysis
• User-defined forecast methods
• User-defined cash sources and cash targets
• Forecast by business unit
• Forecast by currency
• Forecast download to desktop applications
• Drill down from forecast results to source transactions

Bank Reconciliation

• Manual reconciliation
• File upload

Inquiries and Reports

Comprehensive inquiries and reports exist for each function