Cash & Liquidity System

Cash & Liquidity System for Corporates

SUMMA Cash & Liquidity module provides system user with instant visibility of current and forecasted liquidity, bank accounts status, and multi-currency exposures of portfolios for any individual company or for the group as a whole.

It provides easy to use reports and tools for liquidity modelling and identifying its sensitivities and key drivers. This enables optimisation of funding, more efficient cash-balance management and reduction in operating and financial costs. Proactive liquidity risk management is thus carried out while at the same time it is delivering the compliance requirements.

Cash & Liquidity Forecasting

SUMMA CLM module , building on its integration with banks and ERP systems, provides immediate visibility of present cash position for each subsidiary as well as for the whole corporate group.
Easy to use dashboards and reports provide either detailed or consolidated position of liquidity by country, bank, account, cash flow category or any other parameter that might be required by a system user.

Highly flexible Liquidity forecasting enables creation of reliable forecasts of cash positions for upcoming days, weeks or months, utilising automatic feeds from banks, ERP systems or treasury operations.

SUMMA CLM Forecasting

  • daily automatic feed of all bank account transactions and balances
  • daily automatic feed of all receivables and payables from ERP
  • quick and easy dashboards with individually customised views
  • short, mid or long-term liquidity views, with possible inclusion of loans or financial instruments
  • views by country, bank, currency, subsidiary, group, or as defined by user
  • recalculations of cash flows of a financial instruments based on real-time market data
  • visibility of cash-flow types, such as VAT obligations, other taxes, salaries, bank fees or supplier payables
  • distinction between liquidity forecasts based on committed cash-flows (invoices, contracts) vs. general outlooks

Modelling (What-if scenarios)

Flexible tool for quick and user friendly modelling of key parameters and its impact on future cash flows. This includes modelling of changes in customers payment discipline, business plan outlook or exchange rate estimations with immediate reflection in liquidity scenarios.

All changes are visualized in a new liquidity scenario that is easy to compare with the original view, highlighting key changes and impacts. High level of flexibility, including adjustments on customer level, customer group, country, specific month or any other desired level is available.

SUMMA Modelling

  • user friendly screen with predefined key parameters for quick scenario modelling
  • easy to compare multiple scenarios visualized on one screen
  • possibility to create detailed specific conditions for scenarios, specific customers, cash-flow types or time periods
  • visual topline check of business plan cash flow
  • drilldown option to see details and components of any cash flow forecast shown on liquidity screen
  • sensitivity of cash flow to FX rate volatility and FX risk management

Bank accounts management

SUMMA CLM provides clients with a complete overview of all bank account balances and transactions via automatic feeds of bank account statements. Personalized dashboards enable CFOs to see all the bank accounts of the group at any given time with adjustable structural views for countries, subsidiaries or currencies.

SUMMA Bank accounts

  • automatic feed of bank account statements with balances and transactions
  • instant overview of cash position by bank, country, currency, subsidiary or group
  • possibility to review liquidity by including short term loans and overdraft facilities
  • user friendly dashboard with personalized views

Payments management & netting

Flexible platform for centralized payment management for the overall group. SUMMA helps to administer accounts from one place. It helps to manage access rights to create, approve and execute payment instructions to different banks and accounts within the company.

SUMMA CLM enables to work with multiple counterparty accounts, supports netting and splitting of payments and
automatically send payment advices to customers.

SUMMA Payment management

  • adjustable pyment flow to create/approve/execute payments for any bank account in the group
  • one single place for processing of all payments within the whole organization
  • automatic netting with possibility to send payment advices directly to counterparties
  • management of invoices

Document management & Compliance

Store and manage documents related to transactions and forecasts such as contracts, customer meeting notes, electronic invoices or deal confirmation letters in the system.

Flexible transaction flow configuration enables to use the system for electronic invoice passing, including approval of invoices and payments generation, or as a platform to manage and store other documents or contracts. Detailed audit trail history is in line with standard compliance requirements.

System supports complete invoice passing and adjustable transaction and approval flow.

SUMMA DM & Compliance

  • transparent and instant view of corporate cash position and liquidity forecasts
  • user friendly visual system with adjustable dashboards and reports fit for top management use
  • easy scenario modelling for fast data-driven decisions
  • opportunity to maximize revenues from available cash and at the same time minimize financial costs
  • possibility to track and compare business plan cash flow vs. actual delivery
  • system solution eliminates manual errors and transaction costs via automation and inter-connectivity with banks and ERP
  • full audit trail of actions in the system for compliance purposes

Are You Looking For Treasury Management System?

Feel free to download brochures about our Treasury & Risk management system, for corporates and financial institutions.

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Financial Institutions