CashFac
18 Case Studies
A CashFac Case Study
Capita HR Solutions, a major UK provider of outsourced HR and payroll services, faced the challenge of manually managing and reconciling payments across numerous client bank accounts. This labor-intensive process, reliant on spreadsheets, was prone to errors and lacked transparency. They partnered with Cashfac to automate their account administration and cash management.
Cashfac provided a single platform to virtualize client accounts and fully automate payments and reconciliations. The solution provided real-time visibility, automated the identification of discrepancies, and integrated with Capita's existing systems. This drastically reduced manual processes and errors, saving time and money while reducing risk for Capita HR Solutions as they scaled their client base.