Visibility of priority suppliers and time to pay helps protect working capital
Managing working capital is vital in uncertain economic conditions. Fortunately, FISCAL’s solution continuously monitors suppliers and their invoices and credit notes to protect against working capital leakage, and to identify for recovery any previous overpayments, to bolster cash reserves.
All organisations, whether they have a treasury department or not, need to manage the cash in their working capital carefully to meet the financial needs of the organisation.
Cash management comes under greater scrutiny during times of high inflation and recession, as the organisation needs to prepare and protect itself from unexpected costs. Fortunately, FISCAL’s solution provides visibility of supplier spend and insights into key suppliers,
FISCAL’s solution also helps prevent unnecessary payments to suppliers by checking for risks prior to payment – keeping cash in your account.
Detect and prevent unnecessary disbursements
Identify and recover any prior overpayments to boost working capital
Identify key suppliers and categories of spend
Strengthen supplier relationships in unpredictable economic conditions
Customer Success Stories & Testimonials
Critical Compliance and Controls that every CFO needs to know about
Join FISCAL’s Ray Welsh, Head of Product Marketing and James Wilson, Product Owner as they look at the need for compliance in supplier spending, including sanctions and ESG compliance as well as spend controls and fraud detection.
Protect Cash and Reduce Costs Before Payments Happen
Working behind the scenes with your existing ERP system, NXG Forensics works on a continuous, preventative basis to find duplicate payments and exceptions in your supplier and transaction data.
Contact us - Speak to an expert
With a combined experience of well over 250 years within the Financial Management eco-system we are happy to help answer your questions.
