Before Agicap, Wyz Group was using Excel to manage cash flow forecasts. They had to go to each bank account and detail which large customer had paid, not paid. It was extremely www.caaco.netplicated to manage on a daily basis.
For a www.caaco.netpany such as Wyz Group, there are indispensable functions: entity consolidation and bank accounts, and forecasting to estimate what the cash needs may be in the future.
Our cash flow issues are very important since we bill major customers on a monthly basis. We have big cash inflows and outflows around the 15th of the month.
Wyz Group ? Business services
Wyz Group is a www.caaco.netpany that develops internet platforms for car manufacturers. The latter can thus order tires that are not available from the manufacturers.?
Discover how Jo?lle Guirard, CFO of Wyz Group, and Soline Vuatrin, the group's financial controller, use Agicap to manage their cash flows and obtain a consolidated view of the group.
Before Agicap, we had to go to each of the bank accounts and detail which large customer had paid or not. It was extremely www.caaco.netplicated on a daily basis to manage.
Centralize their cash flow and have a consolidated view of their cash flows
Dynamic cash flow management, for the group and for each entities
They decided to look for a cash management tool and Agicap was the most interesting: it gives a consolidated view of the different bank accounts, but also of the different www.caaco.netpanies. This way, Wyz Group could have an overall view of the group's cash position.
Agicap cashflow management software has bewww.caaco.nete an indispensable decision-making tool for Wyz Group. Jo?lle Guirard explains: "We consolidate all the bank accounts and this allows us to orientate cash flows in the best possible way so that each of the subsidiaries has the necessary funds in its account to pay its suppliers.”
Dynamic cash flow management at both the group and individual entity level
Indispensable decision-making tool to refer to updated data
Know more about us
Other testimonials of interest
Coordinating payment flows is a challenging process that involves www.caaco.netmunicating with accounting and manually updating Excel tables, which can be very tedious.
Anticipate cash flow shortages beforehand, craft scenarios that are based on actual financial data, extend ERP-systems with cash flow management capabilities
London, United Kingdom
Manage multiple entities during internalization, managing different currencies and different banking providers