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This screen leads to the cash management module. Company user
can access to the following functions if he has the privilege
to:
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Sweeping: involves the moving of money between related corporate accounts on a periodic basis, in order to make optimum use of the available balances. Sweeping of accounts within a pre-defined structure will be part of the overnight batch processes of the bank.
Pooling: involves the virtual, as opposed to real, aggregation of accounts, in order to consolidate balances for reporting and analysis purposes. It is thus a reporting only function, again, using a pre-defined structure, although there can be many structures defined for a client.
Pooling differs from sweeping on that no funds movement occurs, the function is only of reporting nature.
Report: involves the reporting of all accounts in the company, showing their balances and the aggregated company balance. They can be requested ordered by branch, where there is a subtotal balance for every branch, by minimum amount and by antiquity.
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