Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Fintech Belgium Summit 2018 - Crossed Industry Diversification - BNP Parisbas /Cashforce by Vincent Marchand

114 views

Published on

by Vincent Marchand

Published in: Technology
  • Be the first to comment

  • Be the first to like this

Fintech Belgium Summit 2018 - Crossed Industry Diversification - BNP Parisbas /Cashforce by Vincent Marchand

  1. 1. BEYOND THE HYPE – A “TRUE” PARTNERSHIP WITH A “TRUE” FINTECH &
  2. 2. Rethinking the banking UX through new Customer Journeys
  3. 3. Cash Forecasting : a top priority for more than a decade
  4. 4. Customer Journey #1 : I want to improve my working capital
  5. 5. What is ? *Best-in-class & award-winning technology - Best Practice in Working Capital - CFO magazine - European Fintech Awards – Nomination - … Cashforce is a ‘next-generation’* Cash & Smart Treasury Platform, focused on automation and integration. • Team of Cash flow & IT specialists • Offices in BE, NL & US • Customers are large to mid-size global enterprises • Backed by Techstars Ventures (US), Volta Ventures & Pamica (BE) Some of their references – Users in over 120 countries
  6. 6. A few notes on ERPs The ERP market is dominated by a few big players: Yet there are many ‘smaller’ NICHE players: These often have a focus on specific industries, regions, the size of the organization, etc. ERP Market & Context Cashforce connects to and integrates with all ERP systems within an organization. We have ready-built connectors for most of the well-known ERP solutions that will load relevant ERP data automatically into Cashforce. Relevance for Cashforce ERP Systems Cashforce connector Cashforce will import different data elements from these ERPs: Client Master Data Vendor Master Data AR Data (Invoices & Orders) AP Data (Invoices & Orders) General Ledger Entries
  7. 7. Seamless data integration
  8. 8. Working Capital Management Business Questions Order to Cash  My DSO is rising – How do we prioritize my credit controlling procedure ?  Which are my important customers and is their payment behavior evolving ?  Which working capital improvements can be achieved if we lower DSO by … ? Purchase to Pay  What is my DPO per entity, per vendor ?  What are my most important vendors ?  Do we get competitive payment terms ?  How well do I pay my vendors ? Do I take advantage of offered discounts ?  Inventory…
  9. 9. “Out-of-the-box” cash flow logics make forecasts accurate
  10. 10. Contact? Vincent Marchand Head of Fintech Lab Global Cash Management BNP Paribas Tel: +32 (0) 470 19 68 33 @: vincent.marchand@bnpparibas.com
  11. 11. ScreenshotsSome screenshots 11
  12. 12. Actuals - Cash flow driver analysis - Example 12
  13. 13. Cash flow forecasting – Example 1 13
  14. 14. Cash flow forecasting – Example 2 14
  15. 15. Forecast vs Forecast - Example 15
  16. 16. Working Capital Dashboard – Click to drill-down 16
  17. 17. Order-to-Cash Dashboard – Click to drill-down 17
  18. 18. Analysis - Days of Sales Outstanding – Unlimited segmentations 18
  19. 19. Analysis - Customer Payment behaviour 19
  20. 20. Analysis - Customer Payment Terms 20
  21. 21. Analysis - Vendor Payment Terms 21

×