Silk Cash Manager Plus
Silkbank understands the complex requirements of its corporate and small to medium sized enterprise customers when it comes to efficiently and effectively managing cash flows. It delivers a total integrated solution to meet their diverse needs - Silk Cash Manager Plus. It is a scalable, web based electronic delivery platform hosting a complete suite of payments, collections and account services.
Account Services
Silk Cash Manager Plus is an easy, secure and innovative solution designed for you to manage your company's financial position. It gives you ready accessibility to your company’s bank accounts and keeps you on top of your live account transactions and information, around the clock, around the globe. The system gives you ready accessibility of the details and status of cheques deposited in clearing. cleared, nation-wide collection as well as a red flag in case a cheque is bounced. “Online MIS" as per the required field would be created and extracted to retrieve the details.
Payment Services
Through the Silk Cash Manager Plus Payment Services module, our customers are now able to, with best international level highly secure multiple authorization, process all payments electronically with detailed audit tals The features of the module include:
Nationwide collection system through our correspondent banking arrangement — IPO and Right Share Issuance
We provide comprehensive efficient collection solution and facility in all areas of Pakistan ‘through Silkbank branch network as well as through our nominated correspondent bank branch network, in areas where we do not have Silkbank branches.
Supervision
Through Silk Cash Manager Plus, any company using this system gets highly secure author of transactions oy way of additional multiple authorization of payment instructions and payment batches
Account Reconciliation
‘We work with the ERPs or Accounting systems of our customers to ensure easy and efficient electronic reconciliation of banking transactions - further securing banking processes and providing convenience.