Agicap and Banxware have announced a partnership for liquidity planning and immediate financing for SMEs.
Agicap and Banxware have announced a partnership for liquidity planning and immediate financing for SMEs.
Agicap focuses on liquidity management and financial planning for small and medium-sized enterprises. The cloud-based solution enables business customers to automate cash flow in real time and facilitate payment flow. In September 2022, the company expanded its platform to include a payment feature called Cash Collect to simplify bill payments.
The collaboration with Banxware will enable Agicap customers to obtain an individually tailored financing option using Banxware’s technology. According to an Agicap representative, the partnership with Banxware is an upgrade for their customers that will allow them to see and control their cash flows in a centralized way, as well as get new money when there are opportunities for growth.
The aim of the partnership
A Banxware representative adds that especially in a highly volatile environment, companies often need short-term liquidity and that banks cannot keep up with the application processes and their rigid risk management in terms of speed. The partners aim to create significantly better customer experiences and shape the future of corporate finance with this collaboration.
Agicap’s solution for cash flow management
Agicap aims to centralize users’ cash flow monitoring on Agicap by automatically synchronizing and categorizing all their bank transactions. Users can connect their administration and ERP tools and have reliable information in real time. Users can plan and analyze their cash flow, as well as build their cash flow forecast and compare it to reality in real time.
An additional feature is that customers can model and test different development scenarios, calculate their key indicators and build their dashboards, as well as export and share the reporting. To help users speed up collections and reduce customer payment delays, they can analyze key monitoring indicators, such as aging balances and payment deadlines. In addition, they enable the creation of personalized and automated recovery plans, as well as the centralization of emails, notes and call reports.
Integration of banks and business tools
Users can use Agicap to automatically integrate all their cash management data into a single interface. All users’ previous operations are also imported and automatically categorized to provide them with information on key indicators to facilitate monitoring and reporting. This aims to reduce manual work, improve data accuracy and gain a more accurate view of their cash flow. Over 150 business tools and more than 3,000 banks can be integrated.
