Move funds between subsidiaries with audit trail. Trusted intercompany transfers with approval gates, compliance checks, and clear audit trails for intercompany accounting.
This concept leverages the following programmable controls to create a secure, compliant payment flow.
Treasury department sign-off
Sanctions and AML screening
Dual control for intercompany movement
Intercompany reconciliation record
A 200-location retail chain sweeps cash from store accounts to headquarters daily. Manual wire requests and inconsistent cutoff times leave $2-3M sitting idle in local accounts overnight.
Automated end-of-day sweeps transfer funds instantly from all store accounts to the central treasury. The system runs 24/7, eliminating cutoff time concerns and maximizing overnight investment returns.
Result: $180K additional annual interest income, treasury visibility improved
Move funds between international subsidiaries instantly without correspondent banking delays or FX timing risks.
Manage capital allocation across portfolio companies with complete visibility and governance controls.
Simplify intercompany reconciliation with real-time settlement and automatic journal entry generation.
Optimize cash positioning across the corporate structure with instant liquidity transfers and pooling.
Talk to our team about adapting this concept to your specific payment workflows.
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