Embat Features

Automated Clearing House (ACH) is an electronic network that processes large volumes of financial transactions, including B2B payments.

Corporate debit and credit cards used specifically for B2B payments

Electronic fund transfers between entities

Payments can be processed by batch without manual intervention

Ability to schedule payments at predefined dates and times

Workflows to manage every stage of the payment process

Match invoices, payments, and bank statement information

Clearing of electronic payments to transfer funds from customers to suppliers

Track each stage of the payment process and manage payments history

Comply with information security standards for credit card processing

Point-to-point encryption to convert sensitive financial information into indecipherable code

Features to protect companies from attempts to steal sensitive information like credit card details

Secure Sockets Layer is the standard security protocol for encryption of electronic data

Comply with the Sarbanes-Oxley Act (SOX) to protect companies and the public from accounting erros and fraud

Ensure compliance with Association of International Certified Professional Accountants standards for cloud vendors SOC1 and SOC 2

The software can be integrated with any other products

Reports are generated using financial data from multiple sources

Integrate with ERP and accounting products This feature was mentioned in 22 Embat reviews.

Integrate with Business Intelligence and Corporate Performance Management solutions 19 reviewers of Embat have provided feedback on this feature.

Consolidate data from multiple sources such as spreadsheets, databases, banking systems, and software 17 reviewers of Embat have provided feedback on this feature.

Based on 23 Embat reviews. Ability to track cash positions across all accounts, banks, business units, and countries

Manage the investments of the company and its debts such as loans, lines of credit, or credit cards 18 reviewers of Embat have provided feedback on this feature.

As reported in 18 Embat reviews. Consolidate the balances of multiple bank accounts and manage them as a single account

Based on 19 Embat reviews. Such as deposits, Money Market deals, loans, Forex, facilities, and trade finance

Schedules automate internal and external movements of funds This feature was mentioned in 18 Embat reviews.

Define workflows to automate cash management operations 19 reviewers of Embat have provided feedback on this feature.

Such as fluctuations in currency and interest rates, or natural hazards This feature was mentioned in 17 Embat reviews.

Based on 19 Embat reviews. Ensure compliance with local and global financial standards and legislation

As reported in 18 Embat reviews. Manage the risks to each party involved in a contract

Based on 18 Embat reviews. Hedging against investment risks to reduce potential loss

Calculate cash balances by geography or business entity 19 reviewers of Embat have provided feedback on this feature.

As reported in 18 Embat reviews. Create scenarios to estimate the impact of possible changes in cash positions

As reported in 17 Embat reviews. Determine how they may impact the liquidity of the company

Based on 18 Embat reviews. Analysis of products and services directly incorporated into finished products

Project out as the year progresses to accommodate trends that affect key business drivers. This feature was mentioned in 15 Embat reviews.

Generate cash flow reports in order to see where money is coming in and where it's going 15 reviewers of Embat have provided feedback on this feature.

Compare Income Statement, Balance Sheet, and Cash Flow for multiple periods 15 reviewers of Embat have provided feedback on this feature.

Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data This feature was mentioned in 15 Embat reviews.

Based on 22 Embat reviews. Support multiple banking and financial messaging protocols such as SWIFT

Manage multiple accounts from different banks This feature was mentioned in 20 Embat reviews.

Operations for banking data gathering and consolidation This feature was mentioned in 19 Embat reviews.

As reported in 17 Embat reviews. Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.

Add one-time or recurring items to your cash flow and add line items for each payment or deposit. 16 reviewers of Embat have provided feedback on this feature.

Based on 16 Embat reviews. Check your cash on hand at the beginning of each month and view each day incoming and outgoing funds.

Cash flow forecasting is based on past transactions and historical financial or operational data 16 reviewers of Embat have provided feedback on this feature.

Ability to recreate forecasts to include new information that may impact budgets 16 reviewers of Embat have provided feedback on this feature.

Support multiple types of forecasts such as balance sheet and cash flow forecasts 15 reviewers of Embat have provided feedback on this feature.

Based on 16 Embat reviews. Used to review and update budgeting assumptions for a predefined period (usually one year)

As reported in 16 Embat reviews. Uses AI algorithms and models to predict future cash flow trends and outcomes, based on historical data and patterns

Automates the transfer of data between an organization's ERP system and its bank This feature was mentioned in 14 Embat reviews.

Streamlines the exchange of information between internal systems 13 reviewers of Embat have provided feedback on this feature.

Automatically extracts data required for cash forecasting and liquity reporting This feature was mentioned in 14 Embat reviews.

Restricts access to certain users within an organization, or provides access for third parties This feature was mentioned in 14 Embat reviews.

Based on 14 Embat reviews. Integrates with other financial software, such as Treasury Management, Budgeting & Foreasting, or Invoice Management software

Schedules the exchange of information between internal and external systems This feature was mentioned in 16 Embat reviews.

Automatically extracts data required for dashboards and reports on cash positions and liquidity This feature was mentioned in 19 Embat reviews.

Restricts access to certain users within an organization, or provides access for third parties 17 reviewers of Embat have provided feedback on this feature.

Based on 18 Embat reviews. Integrates with other financial software, such as Accounting, ERP, and Corporate Performance Management software

Manages large volumes of invoices and financial transactions between a company and its suppliers

Facilitates the acceptance of electronic payment for online transactions

Features a common interface for in-store, online, and on-the-go set across all acceptance points

Automates the process of comparing financial transactions between different accounts, statements, or systems

Helps match transactions recorded in the company's books with those in the bank statement

Alerts users when exceptions and discrepencies can't automatically be resolved

Uses algorithms, such as rule-based matching, fuzzy logic, or machine learning techniques to help with comparing large sets of data

Ensures that financial records are accurate and precise, reducing the chances of errors that could lead to audit issues

Meets industry-specific compliance requirements and supports regulatory standards

Offeres customizable reporting features to provide a clear overview of the financial reconciliation process and any issues that may need attention

Provides a detailed history of reconciliations and supports the accuracy of financial records

Integrates with accounting platforms to allow the import and reconciliation of financial data

Integrates with inventory management systems to help reconcile financial data related to product movements, purchases, and sales

Integrates with ERP systems to reconcile financial data across various modules and departments

Integrates with banking systems to import and match bank transactions

Offers role-based access control (RBAC) allowing administrators to define roles with specific sets of permissions

Uses features such as multi-factor authentication (MFA) to help ensure that only authorized users can access the software

Has encryption techniques to prevent unauthorized access or interception of data

Complys with regulations and standards, such as Sarbanes-Oxley (SOX), GDPR, or HIPAA

Capability to perform complex tasks without constant human input

Capability to perform complex tasks without constant human input

Improves performance based on feedback and experience

Engages in human-like conversation for task delegation

Anticipates needs and offers suggestions without prompting

Makes informed choices based on available data and objectives