Apps for Finance - 26/09/2017

1. MAY THE
BE WITH YOU

2. Corporates can unlock
$1.1 trillion
in cash from their operations
Source: PwC Global Treasury Benchmark Survey 2017

3. Cash visibility & transparency remains a challenge
BUT

5. Cash management
in global businesses is
Multi
Entity
Multi
Bank
Multi
Currency
Multi
ERP

6. Reporting on cash can be
time consuming

7. Most treasurers/controllers are
still manually consolidating data

8. Forecast accuracy is a
for 75% of treasury professionals

9. CFOs & Treasurers
can shape the growth of their organisation

10. if given the right tools to do so

11. makes organisations
save time and money

12. Order-to-Cash Analytics
Purchase-to-Pay Analytics
Forecast-to-Fulfil
Analytics
Bank statement processing
Statement translation &
validation
Bank Account Management
Outgoing payment
processing
Integration of ERP
& other data sets
Manual input with audit trail
Smart Cash flow logics
Simulations
Balancing / Funding
Bank Account Management
Automated Cash Flow
Classification & analysis
Bank fee analysis
GL – Bank reconciliation
Cash Flow
Management
Cash Flow
Forecasting
Working Capital
Analytics
Smart
Treasury
Bank connectivity
& payments
Cashforce connects Treasury and Finance with the business
12
Deal Management
Treasury accounting &
payment generation
Market data
Cash pooling
In-house banking
Interest Rate Risk
& FX exposure Risk Mgmt
ICO Management
& balancing

13. © Cashforce
Understand your
cash flows
13
Cash Flow
Management

14. © Cashforce
Cash Flow
Forecasting
14
Make an accurate
forecast

15. © Cashforce
15
Smart
Treasury
Nothing like a
classic TMS

16. © Cashforce
16
Unlock Working
capital
Working Capital
Analytics

17. Differentiators
Smart logics making our forecasts more accurate
Drill-down
Easy onboarding, even with multiple ERP integrations
17
...

18. +120 countries

19. 19
APPS FOR FINANCE
User case - Klaus De Pillecyn – Financial Analist a.i. 26/09/2017
Antwerp

20. Table of Contents
 Introducing NHV
 NHV and Cashforce

21. Introducing NHV

22. Key Facts
International
helicopter services
provider
Investing in a young
and state-of-the-art
fleet
+65 helicopters
with a solid order
book
Main focus on
the organic oil &
gas sector growth
Regional entities
supported by COE
setting best
practices
Growing
in helicopter
services market
+550 people
with 17
nationalities
Expanding global
footprint

23. Offshore
• Oil & Gas
• Search &
Rescue
• Maritime
Services
Onshore
• HEMS
• Aerial Work
• Technical
Services
• Training
Services

24. NHV and Cashforce

25. Cashforce – Usage within NHV
Cash
Management
• Cash reporting
Cash
Forecasting
• Payment runs
• Forecasting &
simulations
Working
Capital
• AR / AP
• Payment behavior
NHV uses three modules of the Cashforce Platform

26. Cashforce – Usage within NHV
7 Countries 10 Companies 6 Currencies
7 Banks
49
Bank accounts

27. Cashforce – Cash reporting
• Weekly cash position
• Hierarchical information from Isabel, manual input file or Venice.
• On reporting- or transactional currency base

28. Cashforce – Cash Reporting

29. Cashforce - Payments
• Weekly payment runs
• Combined with a 2 week forecast.
• Cash in / out items
• Leasings
• VAT
• Salaries
• Taxes
• Fixed interbank transfers
• Predicted customer payments
• …

30. Cashforce - Payments

31. Cashforce – Working Capital

32. Cashforce – Working Capital
• Due or overdue AR / AP
• Payment behavior
• Average historical payments
• Due date vs payment date
• Determine payment run rules for forecast scenario’s
• Different dimensions possible
• Client / vendor situation in total and also per entity

33. Cashforce – Questions Apps for Finance
• How would you describe the situation before the software was
installed?
• Lots and lots of XLS
• Time consuming
• What were the results of the implementation?
• Better insight in cash flows
• Cash (planning) has become a dedicated field within finance
• Cash(force) is part of our day-to-day business

34. Cashforce – Questions Apps for Finance
• What are your plans for the future?
• Working Capital Dashboard
• Enhance & finetune forecast scenario’s
• Usage of Cashforce throughout different finance functions
• Implement netting

35. Cashforce – My personal experience
• Better insight:
• Current & future cash positions.
• Where and when is action needed.
• Cash in/out
• Combining different data from different sources to a single overview.
• Available dimensions
• Per customer, per vendor, per company, per date, per country, per currency, per
transaction of reporting currency, …

36. Cashforce – My personal experience
• Top-down or bottom-up
• Time & cost saving
• Easy to export to XLS, …
• Learning curve
• Masterdata management

37. Thank you
Questions?