TIS CashOptix provides cash reporting, forecasting, liquidity and bank account management tools for organizations handling finances across multiple entities and regions. It consolidates cash balances and liquidity positions across currencies, accounts, countries and cash-pooling structures. Forecasting brings together cash, banking, payments, accounts payable, procurement and sales data, with collaborative workflows and analysis by vendor, entity, region, bank or time period. Users can run forecasts across daily, weekly, monthly and other horizons, and scenario analysis is listed as a capability. Cash reports can be customized and exported to ERP or TMS systems, Excel and PDF. Bank statement support includes FIN messages such as MT940, ISO 20022 formats such as CAMT, and regional or legacy formats. Connectivity options include SWIFT, APIs, EBICS, SFTP and Host-2-Host; TIS says it maintains more than 11,000 bank connection options. The cloud-based SaaS platform is accessible in common browsers, with mobile apps for Apple and Android devices. Pricing is available on request.
Who it is for
CashOptix is aimed at multinational corporations, nonprofits and institutions with treasury, finance, controlling, HR, compliance or IT teams. Its multi-entity cash views and forecasting tools are relevant to organizations managing accounts across regions.
What is good
- Consolidates balances across currencies, accounts and countries.
- Forecasts draw on payments, procurement and sales data.
- Custom reports export to ERP or TMS systems, Excel and PDF.
- Offers multiple bank connectivity options.
What to know first
- Pricing is available on request.
- Cloud-based SaaS platform.
Verdict
CashOptix brings reporting, forecasting and bank connectivity into a platform for organizations managing cash across entities and regions. Prospective customers need to request pricing rather than compare a published price.
Compared on liquidity management software
- Multi-entity support
- Yes
- Bank connectivity
- Yes
- Cash flow forecasting
- Yes
- Scenario analysis
- Yes
