Set up and manage intra-group demands, transfers, POBO, COBO, loans, and other financial operations from one central cloud-based platform, which can be accessed by every business unit across your organization.
Connect to all your company’s ERP and other IT systems to get a detailed snapshot of each entity’s payables and receivables. Our web-based application can be easily set up from your head office and used by employees across the organization, with no need for on-site installation or outside tech support. Thanks to SaaS technology, everyone in your group can obtain reliable information about their internal cash position with minimal effort
Use information from your detailed overview to reconcile internal balance sheets, grouping, minimizing, and streamlining transactions between entities and subsidiaries to cut down on bank transaction fees and interest paid to outside lenders. Broker deals between business entities and pinpoint exactly where the cash in your group is at all times. Datalog takes all the complexity out of reconciliation and automatically calculates currency conversion rates.
Manage the accounts and relationships among subsidiaries by using specific intra-group management rules. Datalog’s In-House Banking module will enable you to:
– open and close accounts
– manage subsidiary financing requests
– set limits by subsidiary
– manage withholding tax
– fine-tune loans
– centrally manage hedging activities to limit risk exposure
– realize POBO (Payments On Behalf Of) and COBO (Collections On Behalf Of)
– manage current account positions
Invoices are automatically uploaded from your ERP or other transactional systems into Datalog’s In-House Banking tool, determining which invoices can be settled between subsidiaries (intragroup) and which need to be paid to an outside entity. The advanced netting feature simplifies intragroup compensation and automatically applies custom rules.
Manage financial disputes between companies across your group and, when necessary, generate automatic bank transfers, with no action required from the subsidiaries involved.
By simplifying and automating invoice payments, bank reconciliation, and money transfers, you cut down on the time spent on repetitive busywork at every level of your organization. Previously time-consuming tasks—such as uploading and approving payments, and matching invoices to payments—become quick and painless, thanks to advanced automation.
With Datalog’s In-House Banking module, you can rest easy knowing our solution is secure, stable, scalable, and trusted by global, industry-leading businesses.
Emmanuel Arabian, VP Financing and Treasury, SEB Groupe
Sylvie Faure, Forecasting Expert, Renault
Samer Sibahi, Head of Project Management and Treasury Systems
Contact us for a demo today and experience the Datalog difference.
Find out more about who we are, where we’ve come from, and where we’re headed.
Explore a range of resources and documentation we’ve assembled to help you modernize your treasury.
Find out how our solutions can help you manage and optimize your company’s liquidity, cash flow, banking communications, and other financial activities effectively and efficiently.
Payment Factory
Automate, track & control all of your inbound & outbound payments from one centralized system.
Cash & Liquidity Management
Automate a continuous flow of cash to the right places across your global business accounts.
In-House Banking
Configure and manage intra-group transfers, loans, and financial compensation from a central SaaS platform.