What were your insights from the Windy City Summit? Niv Yaar, Panax’s co-founder and CBO, identified 3 top trends: 1) AI is top of mind 2) Challenges in forecasting persist 3) Banks are strengthening collaboration with technology vendors Agree? Disagree? Read the blog for more insights: https://lnkd.in/d_2-zi9j
Panax
Financial Services
Automated cash flow management for total control and improved capital efficiency
About us
Treasury management becomes more and more complex as companies grow. Our mission is to help finance teams control the complexity and optimize cash by automating treasury operations. Panax connects all financial data sources (banks, platforms, ERPs) and empowers finance teams to optimize day-to-day cash and liquidity with full control, visibility, insights, and forecasting.
- Website
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https://www.thepanax.com/
External link for Panax
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- New York
- Type
- Privately Held
Locations
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Primary
New York, US
Employees at Panax
Updates
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Announcing: Panax Forecasting! We’re excited to share an important new capability with our customers - the ability to automate and customize your financial forecasting. Leverage Panax and benefit from: Accuracy - Forecasting based on your banking data and ERP. Automation - Automated forecasting based on input assumptions and updated actuals. Customization - Create forecast methods based on your knowledge of the cash flow. Check out how Panax forecasting works and how you can use it from our latest blog by Adi Barak, Panax’s VP product. https://lnkd.in/dUSsm2cY
Panax Releases Financial Forecasting Suite
thepanax.com
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Reasons to automate your cash flow: 1) Rising interest rates - Don’t miss out on income opportunities 2) Globalization - Your workload is growing with the decentralized cash footprint 3) Increased counterparty risk - You need to manage accounts across multiple banks Automation can help you better fit your new work requirements. Improve capital efficiency and get smarter. We explain how in this blog: https://lnkd.in/d_dkbHvW
Cash flow management automation, why now?
thepanax.com
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After speaking with over 200 CFOs, treasurers, and finance leaders, we found two key types of complexities that make it impossible to scale: 1. Cash footprint - By the time you’re looking at the numbers, they are already far behind the curve and any decision you make is based on lagging data. 2. Cash flow - Making sure the timing of inflows meets the timing of outflows in an optimal way. Manual maintenance of these processes simply doesn’t cut it anymore. Automating them can help your company meet critical performance KPIs while freeing your time to focus on bigger, better things. Learn more from this blog: https://lnkd.in/d_TFhXib
Who needs treasury automation anyway?
thepanax.com
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Is it time to hire a treasurer? Here are 5 telltale signs: You Have a Vast Cash Footprint 💰 You Have a High Volume of Inflows and/or Outflows 💸 You’re Using Debt and Credit Lines 💳 You Have a Large Investment Portfolio 📈 Discover the 5th and more examples in this article: https://lnkd.in/ds444DEh
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Starting now! Join us to discuss AI optimization use cases for your finance operations. Can AI help you perform better? Find out! https://lnkd.in/dk6c3sN6
AI Webinar Panax
thepanax.com
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Last chance to register! Don’t miss out on our fascinating discussion tomorrow about how AI simplifies and improves finance ops and treasury management with Dan Fletcher, CFO of Planful, Noam Mills, CEO, and Sefi Itzkovich, CTO, co-founders of Panax, and Hadar Siterman Norris, Partner at Team8. Don’t miss out on a chance to discover - Is AI a fit for your finance job? Sign up here: https://lnkd.in/dk6c3sN6
AI Webinar Panax
thepanax.com
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We're excited to share a video interview from PYMNTS.com featuring our CEO, Noam Mills, discussing the transformative impact of AI and automation in treasury management. Discover how these technologies are revolutionizing financial processes and enhancing decision-making. P.S - In the first comment you will find a link to join a special webinar on AI for finance teams - "Can AI Give Superpowers to Finance Teams?" #AI #TreasuryManagement #Automation #Panax #Fintech
Treasury Services Is Entering Its AI and Automation Era
https://www.pymnts.com
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Thanks for the shout out on Fintech Brainfood 🧠 Simon Taylor !
🧠 Visa’s Flexible Credential is a Gamechanger.
Simon Taylor on LinkedIn