Strands BFM

Optimal Business Financial Management For SMEs

Using our BFM software, banks can offer SME customers optimal accounting and bookkeeping services and provide them optimal Business Financial Management.

Business Financial Management Strands

Driving closer digital banking relationships

Financial institutions must offer customers a digital core banking experience that meets their changing and growing needs in order to meet their rising expectations. We have deeply analyzed SMEs digital banking experiences and needs in detail to build the most engaging Business Financial Management platform.

Full Control Over Your Payment Cycle

Matching banking accounts views with AR/AP reconciliation for an effortless control.

Personalized Insight Solutions

Focus on your business growth thanks to personalized advice about the next best action to take.

Effective Forecasting

Gain peace of mind with automatic and accurate forecasting detecting patterns and AR/AP predictions.

Full Control Over Your Payment Cycle

Matching banking accounts views with AR/AP reconciliation for an effortless control.

Personalized Insight Solutions

Focus on your business growth thanks to personalized advice about the next best action to take.

Effective Forecasting

Gain peace of mind with automatic and accurate forecasting detecting patterns and AR/AP predictions.

Transforming the SME customer experience

Help SMEs succeed with business financial management and planning services

Providing smarter control over business financial management

SMEs can easily track finances, third party information data, manage AR/AP, and schedule transactions with personalized insights and notifications.

Dashboard

Financial Analysis

Budgets

Transactions Details

Business Financial Management Dashboard Strands

Dashboard

With the 360º overview that provides an instant snapshot of business performance, SMEs gain smart control over their finances.

Financial Analysis Business Financial Management Strands

Financial Analysis

Through data normalization and enrichment, SMEs are able to check their incomes and expenses distribution and even re-categorizing their transactions to add more granularity.

Budgets Business Financial Management Strands

Budgets

Create budgets to curb expenses. Our engine calculates the average annual expense so users can decide how much they want to save.

Transaction Details Business Financial Management Strands

Transactions Details

Detailed view of each categorized transaction actionable through search, edit, add tags, and the possibility to split transactions for easier management and customization.

Provisioning

Help SME’s achieve their financial goals faster and more efficiently. From next the Christmas party to VAT predictions and Marketing events.

Provisioning Business Financial Management Strands

Financial Calendar

Using an interactive heat-map, you can visualize your spending behavior on a daily, monthly or yearly basis.

Financial Calendar Business Financial Management Strands

Schedule Transactions

Track recurring payments such as subscriptions and enable proactive anticipation of any repayment issues.

Schedule Transactions Business Financial Management Strands

Personalized Insights

Focus on relevant actionable notifications based on your behavior so you can make better financial decisions.

Personalized Insights Business Financial Management Strands

Allow to plan ahead for better business focus

SME owners can visualize their incomes and expenses and understand their cash flows by tracking historical, actual inflows and outflows using enriched data.

Provisioning

Financial Calendar

Schedule Transactions

Personalized Insights

Boost growth and optimize your business management

Together with Open Hub, SME can take full control over the payment cycle with AP/AR management and monitor their top debtors and top customers according to payments information.

Invoice reconciliation

Cash Flow Forecasting

Top Clients and Suppliers exposure

Invoicing Business Financial Management Strands

Invoicing

Take full control over your payment cycle with AR/AP management, from invoice creation to the reconciliation process. Monitor your AR/AP payments status and create receipts from scratch. Integrate with 3rd party invoicing providers Quickbooks, Sage or Xero.

Cashflow Forecasting Business Financial Management Strands

Cash Flow Forecasting

By analyzing past behavior, machine learning techniques can be applied to predict future cash flows.

Spending Control Business Financial Management Strands

Top Clients and Suppliers

Get a list of your top 5 customers/debtors based on total invoice amounts and total paid or unpaid, for a selected time period.

Companies all around the world boost their business 
with our BFM software solution

Finax
ADCB
AIB
Huntington
STEP
BAC
NCBA
BANK OF GEORGIA
Galicia
Davivienda
Banco BPM
HSBC
Santander
Macro
Money
Banco Cooperativo Español

Strands BFMStrands EngagerBFM + Engager

STEP

Creating a Personalized Experience Tailored To Real Needs

STEP 4 Business is the first fully-fledged digital marketplace of products and services designed for SMEs, in “Amazon Style”.

Strands BFMStrands EngagerBFM + Engager

AKBANK

Akbank SME Movement – ‘For Your Business’ Service

Akbank, one of the biggest banks in Turkey, launches “For Your Business” service as a part of the SME Digitalization Program.

BENEFITS

We understand data to empower customers’ knowledge

Real-time data Business Financial Management

ENHANCE REAL-TIME DATA

Build dynamic dashboards, forecasts, and scores based on real-time data.

Add information Business Financial Management

EXPLOIT OPEN FINANCE

Collect new data sources such as AR/AP.

Online banking Business Financial Management

AVOID DISINTERMEDIATION

Minimize churn, making online banking the primary option.

Unique View Business Financial Management

UNIQUE VIEW

Transactional and AR/AP in a single view with a seamless navigation interface.

Fast Receivables Business Financial Management

FAST RECEIVABLES

Be on top of clients and supplier through payables.

Effective Business Financial Management

EFFECTIVE MANAGEMENT

Manage your cash flow and accounting easily and effectively.

BFM

Engager

Digital Banking relationship with your SME customers

BFM and Engager provide business owners with actionable and personalized insights to address their operational issues on time.

Making the most out of provided insights to boost growth.

  • Generate no-code custom insights for your SMEs.
  • Offer real-time and tailored solutions.
  • Obtain a complete overview of your customer’s activities.

WHY CHOOSE US

Our expertise is at your disposal

We minimize your time-to-market

Using a variety of delivery models, we develop disruptive solutions and provide strategic consulting and assistance.

You can trust our industry knowledge

With our extensive industry experience and close collaboration with our bank customers, we offer solutions that you can rely on.

We’ll bring innovation to your business

Making complexity easy to understand and assisting you with a changing financial landscape is our priority.

Using technology to enhance our products

Widgets & SDK

Customize and combine white label solutions and build more personalized and accessible digital banking platforms.

API’s & Back-end

Providing all necessary information to understand, install and operate the suite.

Open Hub: Third party connectivity

Strands Open Hub offers banks a single interface from which to connect to external services in an easy and secure way.

Advanced analytics

Customize and combine white label solutions and build more personalized and accessible digital banking platforms.

Back office console

For bank users to create any use case without external assistance.

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