Business Finance Management
Business Finance Management is a central element of Atsora Platform that allows a Bank to provide SME clients with cashflow, business model and sales pipeline tools to help manage and grow the business. The platform builds a better online experience for the SME, while giving the Bank better insight for more efficient onboarding of new clients, increasing up/cross sell and lowering the risk of lending. The bank can also invite partners onto the platform to deliver bundled financial/non financial products to SME and create an incremental revenue stream.
SME can aggregate financial data from different accounts from different banks. BFM calculates different currencies into one default to provide overall cash view
BFM uses historical data and current AR/AP to forecast the future cashflow scenarios. We used algorithms that builds prediction based on cost and product structure and sales plan of SME
BFM analyses costs and builds dynamic list of your vendors and employees. SME can manage budgets and track expenses as well optimise the cost structure based on data