Fintech Belgium_Webinar 13: Healthy Financial / Covid-19: Home Working Challenge - 26-06-20

1. Healthy Financials / Coronavirus
Homeworking Challenge

2. Programme
• Introduction - 3 min
• Market overview and how the accounting firm is
helping its customers: Iris De Groote, Vandelanotte -
10 min
• Practical tips on how to manage your cash flow on a
daily basis: Stijn Van Haute, Isabel Group and Bart
Baute, EMAsphere - 20 min
• Testimonial by Nicolas Quarré from Accountable - 5
min
• Q&A - 15 min
• Conclusion - 2 min

3. Your Speakers
Toon Vanagt
Host, Board of FinTech Belgium
CEO of data.be
Stijn Van Haute
Marketing Manager
Ibanity
Bart Baute
Regional Manager
EMAsphere
Iris De Groote
Accountmanager
Vandelanotte
Nicolas Quarré
Co-Founder & CEO
Accountable

4. Your Speakers
Iris De Groote
Accountmanager
Vandelanotte

5. Proactive advisors during
Covid-19
How did Vandelanotte deal with
the problem of Covid-19?
• Work from home
• Stay in contact with customers
• Use our digital platform

6. Proactive advisors during
Covid-19
How did the corona crisis make cash
an important topic?
• Solutions for acute cash problems
• Focus on the future
• Facts and figures

7. Proactive advisors during
Covid-19
How could we use our experience to
help clients with their cash
management?
• Know your customer
• Accounting as a basis for budget and
forecast

8. Measure, look forward
and go for digitisation!
Proactive advisors during
Covid-19

9. Your Speakers
Stijn Van Haute
Marketing Manager
Ibanity
Bart Baute
Regional Manager
EMAsphere

10. Market overview

11. In terms of cash management,
what trends did you see
during the Covid-period?

12. Which advice did you give
to your customers
to go through this period?

13. What do you suggest companies
should do to get back on track now?

14. How to manage your
cash flow on a daily basis

15. Before the crisis
To make the right decisions,
leaders rarely had the right
information, at the right time and
ready to use.
Why ?

16. Multiple data sources

17. The consequences
80%
of enterprise data is unstructured
today.
Source : Gartner
50% to 80%
It’s the % of time experts spend
collecting, cleaning, formatting and
preparing data (rather than analysing
it.)
Source : Global Strategy
Waste of resources
to process the data and implement
workarounds.
Ineffective collaboration
due to inadequate or disparate
tools.
Limited forecast
due to data silos.
Bad decisions
based on incorrect or incomplete
data.
1
2
3
4
Complex crisis management
due to lack of reports5

18. Tips for managing your cash flow

19. Stage 1: Digitalisation

20. 3 types of account information
1. End-of-Day
a. “Booked” and/or account statements
b. Depending on the source it is available as CODA,
CAMTxxx, MT or JSON
1. Intraday
a. Account statements or PSD2 account information
b. Depending on the source it is available as MT or
JSON
1. Real-time
a. PSD2 account information
b. Available as JSON
Isabel

21. How can I access that data?
1. Bank portal
a. Download CODA files
b. Download PDF statements
c. Excel downloads
2. Isabel 6
3. PSD2 providers: for example Ponto
4. CodaBox
5. Accounting software

22. Stage 2: Automation

23. Why?
Save time
No more manual work
Your data is always available
No more human intervention
Security
Less prone to human errors
1
2
3

24. Automate the collection of data
1. API connections with accounting software to
receive booked data
1. Isabel Connect, an API connection on top of
Isabel 6, to receive account statements
1. Ponto, a PSD2 API connection, to receive
real-time PSD2 account information
Either you build these connections to your
own software or your third-party software
builds integrations.

25. Next level automation

26. Stage 3: Analysis

27. Thorough analysis of your cash flow
EMAsphere
Understand past and present data and
make comparisons and your cash KPIs

28. Thorough analysis of your cash flow
EMAsphere
Understand past and present data and
make comparisons and your cash KPIs

29. Clients & Suppliers analysis and working
capital
Evolution of your DSO/DPO, stock and
working capital need
EMAsphere

30. Clients & Suppliers analysis and working
capital
Outstanding payments
EMAsphere

31. Questioning purchases and fixed costs
• Close analysis purchases
• Gross margin
EMAsphere

32. Questioning purchases and fixed costs
• In depth cost analysis
• Fixed costs → Variable costs
EMAsphere

33. Cash forecast for the coming months
and scenarios creation
EMAsphere

34. Daily follow-up of bank flows
EMAsphere /
Isabel

35. Daily follow-up of bank flows
• All in and outflows, updated daily
EMAsphere /
Isabel

36. Daily follow-up of bank flows
Multi banking optimization
EMAsphere /
Isabel

37. Your Speakers
Nicolas Quarré
Co-Founder & CEO
Accountable

38. Testimonial

39. Thank you!
Silver partners
Bronze partners