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Panax Media

Panax Demo - Cashflow Insights at a Glance
Gain a comprehensive view of your organization's cash position, liquidity breakdown, and inflow/outflow trends – all in one intuitive dashboard. Simplify decision-making with real-time data on currency balances, entity distributions, and categorized cashflows.
Panax Demo - Forecasting made easy.
No more endless spreadsheets – Manage your forecast seamlessly from one platform, compare it against actuals, and make informed decisions with ease.
Panax Demo - Connect everything. Gain full visibility.
Connect all your company’s financial institutions around the globe to one centralized platform and gain a real-time view of your cash. No more blind spots, no more costly data gaps.
Panax Demo - Stay up-to-date with real-time, automated reporting.
Stay up-to-date with real-time, automated reporting.
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Panax Reviews (10)

Reviews

Panax Reviews (10)

5.0
10 reviews

Review Summary

Generated using AI from real user reviews
Users consistently praise the real-time visibility of cash positions and the ease of use of Panax, which simplifies cash management and reduces manual labor. The software's integration capabilities and responsive customer support enhance the overall experience, although some users note that the initial setup can be complex.

Pros & Cons

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Financial Controller
Mid-Market (51-1000 emp.)
"Great software and great service. Panax helped us a lot in upgrading our cash management process"
What do you like best about Panax?

Panax gives our finance team real-time visibility of all the cash and investment balances in one place.

Moreover, the categories in Panax help us keep track of the cashflow and follow trends/unusual events.

The software integreted with our different bank accounts and ERP system in no-time.

The software is really easy to use and anyone without a technological orientation can easily master it. Review collected by and hosted on G2.com.

What do you dislike about Panax?

The software is being built and developed all the time. There were some features missing at the begining of our work but the CX team was very attentive to our needs and a lot of our feature requests were implemented in the software. Review collected by and hosted on G2.com.

Amit S.
AS
Head of Finance
Mid-Market (51-1000 emp.)
"Panax bridged the gap between accounting and cash, optimized cash planning and free cash investments"
What do you like best about Panax?

As the head of finance, it's crucial to have strong visibility of both accounting and cash views. Previously, we spent valuable time reconciling and explaining the differences between our financial statements and cash statements to our board and management team. Panax bridged this gap, simplifying the process and making it easier to plan cash flows and optimize free cash flow investments. Review collected by and hosted on G2.com.

What do you dislike about Panax?

Integaration with ERP and retroactive classificarions could take time. however, Panax team has done a magnificent work to finish it in less than two weeks Review collected by and hosted on G2.com.

Ron K.
RK
Financial controller
Mid-Market (51-1000 emp.)
"Excellent and User friendly treasury management tool"
What do you like best about Panax?

Great visibility of current cash position and talented account managers with strong financial understanding! Review collected by and hosted on G2.com.

What do you dislike about Panax?

Birocracy to connect all banks, but it will be the samen with every Treasury platform. Review collected by and hosted on G2.com.

YM
Small-Business (50 or fewer emp.)
"Stepping up Our Cash Management!"
What do you like best about Panax?

The platform's smart (AI-driven?) reporting provide a new level of financial clarity. Review collected by and hosted on G2.com.

What do you dislike about Panax?

The initial setup process was a bit complex but we got much help from the team Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Small-Business (50 or fewer emp.)
"A fantastic product! It saves many hours of manual labor and gives confidence in cash management"
What do you like best about Panax?

Reduces manual work

No IT required

Gives real-time picture of cash positions allow the company to become more effiecient Review collected by and hosted on G2.com.

What do you dislike about Panax?

Forecast features was missing couple of adjustments but they seems to be on it Review collected by and hosted on G2.com.

Verified User in Consulting
UC
Small-Business (50 or fewer emp.)
"A Robust Financial Tool!"
What do you like best about Panax?

The proactive alerts are great, really help us be on top of everything and make efficient decisions without worrying about missing anything. Also, their customer support is amazing — one of our banks disconnected and they reached out to let us know and walked us through reconnecting everything. Review collected by and hosted on G2.com.

What do you dislike about Panax?

I still haven't found anything specific. Review collected by and hosted on G2.com.

Noam D.
ND
Mid-Market (51-1000 emp.)
"Best Product ever"
What do you like best about Panax?

Enable to see the full picture of my cash flow Review collected by and hosted on G2.com.

What do you dislike about Panax?

nothing to say here the prooduct is amazing Review collected by and hosted on G2.com.

Verified User in Manufacturing
UM
Mid-Market (51-1000 emp.)
"Panax: A Treasury Lifesaver!"
What do you like best about Panax?

The real-time cash flow visibility and the simplicity of the setup were remarkable. Implementation easier than expected. Review collected by and hosted on G2.com.

What do you dislike about Panax?

The mobile interface was not as robust as the desktop version. But they do send a super useful daily mobile report. Review collected by and hosted on G2.com.

Verified User in Retail
UR
Enterprise (> 1000 emp.)
"I love Panax!"
What do you like best about Panax?

The dashboard provides an excellent overview of our financial health. Review collected by and hosted on G2.com.

What do you dislike about Panax?

It's not really their fault but sometimes the data that the banks send via API acts funny Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business (50 or fewer emp.)
"This is Cash Management Game Changer"
What do you like best about Panax?

The automated reporting feature is a godsend, reducing manual input significantly. Review collected by and hosted on G2.com.

What do you dislike about Panax?

The customization options are a bit limited for the more advanced users. Review collected by and hosted on G2.com.

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