Controlling your cash is crucial. Regulators expect it, auditors need to prove it, and your business depends on it. You have no choice; you have to reconcile your cash. Without this vital control, your business is lost.
However, you can choose to make it efficient, you can choose to make it effective, and you can choose to make it simple.
Control for cash delivers on all these choices, making cash/nostro/bank account control painless with minimal costs and complexity.
Control is an out-of-the-box, self-service solution for cash reconciliation that is fast to implement and easy to operate. Used by banks, hedge funds, asset managers, brokers, corporate treasurers, and payment providers, it outperforms slow, expensive, and ineffective legacy alternatives.
Built in collaboration with the world’s most innovative banking partners, our pre-defined rules and behaviours give you immediate control of your cash across all accounts and in all geographies.
For the most complex organisations, the system can be customised by Gresham's industry experts – again with a focus on speed, efficiency and self-service.
Reduction in costs for firms using Control solutions
Reduction in daily break count at a tier one bank which switched from a legacy platform to Control
Balance sheet reconciled for a major investment bank
Cash reconciliation-specific screens, including proofing, match-building, incoming and outgoing correspondence that match your workflow – not work against it.
Guided workflows for onboarding new bank accounts and ledger equivalents, and the automatic application of default, industry tested match rules allow you to create new account reconciliations in minutes.
Reconciliation tools that put the creation of new cash-matching rules into the hands of your reconciliation clerks, and business rules in the hand of your business users.
Super-fast processing of the very largest datasets (50,000 per second) to complete common reconciliation operations in milliseconds.
All appropriate governance models to keep and demonstrate control to all necessary stakeholders.
Reduce your total cost of ownership with automation that makes the most of staff time and resources.
Break free from the fragile, costly and complex legacy solutions the industry has relied on for years.
Significantly improve match rates while reducing headcount requirements.