Manage your cash with total visibility, and ensure that there is sufficient working capital. Bloomberg TRM automates all your cash activities, including data collation, reconciliation and concentration – providing the transparency required to manage needs.
With SWIFT connectivity built-in, electronically collate bank balance and transaction information from around the globe. Bank statements are automatically delivered into the pre-configured cash position worksheets to enable optimization of cash, automated sweeping and target balancing, and concentration daily.
Integrating leading ERP systems allows the automatic importing of accounts payable & receivable (AP/AR) and forecasts into the cash position worksheets for an accurate position and better cash management.
See The Complete Picture
The automatic reconciliation of bank statements with AP/AR files, with all treasury financial transactions, reduces the burden of manual cash reconciliation, with forecast variance analysis tools available in the cash position worksheet to improve accurate forecasting.
Subsidiaries are part of the corporate treasury workflow, using the Bloomberg Cash Management Utility to see and reconcile bank statements, manage cash flow forecasts and cash positions.
A pre-defined payment workflow enables audited processing of bank-to-bank payments, as well as via SWIFT, as needed.