Cash Management

Cash Pooling allows the treasury company to monitor all connected accounts in real time, both domestically and internationally through reporting services.  With Cash Pooling you can:

• Manage intragroup needs and optimise debt exposure.
• Centralise the treasury, maintaining the operational autonomy of entities.
• Reduce financial costs, avoiding the use of external credit lines.

The Multi Currency Optimiser (MCO) is an advanced Cross-Currency Notional Cash Pooling solution designed for the centralised and virtual management of liquidity in multiple currencies, ideal for companies and international corporate groups operating in complex and structured contexts. On the Italian market, Intesa Sanpaolo is the first Bank to offer a Notional Cash Pooling solution.

The MCO lets you monitor and manage in real time the balances, in euro and other currencies, of different operating entities of a corporate group, offering a consolidated financial vision without the need for physical transfers. All balances, debtors and creditors, are represented in a single ‘notional’ (or ‘virtual’) centralising account, thus optimising liquidity management.

The MCO gives you:

• Consolidated visibility of liquidity in real time, for a better control of financial needs through the aggregate representation of liquidity and foreign exchange positions
• Greater flexibility in executing transactions on euro and foreign exchange accounts, including debit transactions, thanks to the coverage provided by credit balances
• Simplified, centralised forex trading, optimising currency risk control
• Reduced conversion costs and interest optimisation, also thanks to the possible recognition of a ‘notional benefit’
• Configurability and scalability, to adapt to any corporate structure

With the MCO, the treasury becomes a centre of strategic value, capable of supporting growth and consolidating the financial strength of the group.

Virtual Account Management (VAM) is an innovative tool to generate virtual IBANs linked to real current accounts, in euro or in currency. Each virtual account can thus be associated, for example, with a counterparty, a division of the company or a type of transaction, and can be used to order or receive transfers.

The service simplifies the company treasury and improves the reconciliation of payments, allowing you to speed up and automate administrative tasks and offers effective control of transactions on all accounts.

Virtual Account Management meets the needs of companies with high collection volumes or complex structures with:

• The creation of customisable virtual IBANs, linked to current accounts in euro or foreign currency. The holder and currency of the virtual account being the same as the main reference account.
• The possibility of ordering and receiving SEPA and foreign payments on virtual accounts
• An integrated dashboard in Inbiz for account management, movement monitoring and reporting
• A configurable hierarchical structure, useful for companies with multiple divisions, locations or business lines