INSTANT® Advances Cash Visualization before the bank account with New INSTANT Cash Awareness
June 12, 2023 9:00 AM Eastern Daylight Time
DALLAS, TX – INSTANT®, a leader in financial technology, is redefining how organizations manage and visualize cash with the introduction of INSTANT Cash Awareness. This innovation enhances cash visualization before it reaches bank accounts, informing organizations of revenue as it is occurring in Transactions, Accounts Receivable, Accounts Payable, Trades, and Intra-company adjustments.
Challenges in Cash Management: Answering fundamental questions about a global organization’s cash position, such as location, currency, and liquidity, can be a seemingly monumental task. Traditionally, this would require multiple employees to spend many hours using disparate tools and data sources. INSTANT Cash Awareness addresses these challenges by providing clarity and visibility that is fundamental for any treasury department to support critical financial decisions and strategic business objectives.
Product Overview: INSTANT provides in-depth visibility as the market-leading global cash management solution. The INSTANT Platform delivers timely and accurate global cash visibility from inception across all banks and regions worldwide. It enables treasury teams to create accurate forecasts, providing confidence throughout the organization. This comprehensive capability comes in an intuitive and easy-to-use solution.
Key Benefits:
- Strategic Cash Investment: Allows organizations to invest cash strategically.
- Support for Leadership: Supports the CEO and CFO in strategic initiatives with the right cash and liquidity levels.
- Effective Structures: Cash management structures are used effectively.
- Debt and Expense Reduction: Minimizes debt and interest expenses.
- Informed Decisions: Makes better-informed hedging decisions.
- Cost Savings: Reduces bank fees.
Quotes: “INSTANT Cash Awareness revolutionizes how organizations manage and forecast their financial operations,” said Mike McMackin, CEO of INSTANT. “With this capability, we empower businesses to gain unparalleled insights into their cash flows, enhancing decision-making and strategic planning across all levels of the global organization.”
ABOUT INSTANT®
INSTANT empowers global organizations with INSTANT Intelligence across their enterprise from a single connected platform. From worldwide receivables reconciliation, FX, and liquidity management to supply chain, marketing, and performance management, INSTANT enables instantaneous worldwide transaction visibility. INSTANT also delivers a highly secure, 100 percent network enterprise platform with superior bank, payment type, and global processing connectivity with our integrated solution for tracking and tackling today’s most complex financial challenges. The world’s largest organizations rely on INSTANT to streamline key processes, protect against loss, and accelerate growth opportunities through improved enterprise-wide decisioning. INSTANT is headquartered in Dallas, with offices in other major locations worldwide. For more information, visit www.inst.com.
PR Contact: Lyn McKay | pr@inst.com