What’s new

Welcome to Version 2023.1 of Axiom Treasury Cash Management!

New features for 2023.1 include the following:

TCM Home page

The home page in Axiom Treasury Cash Management (TCM) was enhanced to display a dashboard that provides summary data and graphs based on cash balances and bank activity.

Variance Report

The Variance Report summarizes data from historical, forecast, and budget (if enabled) cash flow information and displays variance columns between the available options.

Ability to integrate budget data

  • Back-end tables were created to help convert a company’s existing budget data (which is organized by entity, department, and account) to the dimensions in TCM (bank account, BAI2 cash code, and Detail Rollup).

  • Mapping was developed to convert monthly budget data from an accrual basis to a daily cash basis.

  • The budget integration feature provides the option to use budget data as a method in the cash forecast in order to account for seasonality, growth in volumes, and inflation.

  • Additional settings are available in CFWC Administration > Settings to facilitate more accurate calculations for cash forecasting.

Two methods of excluding transactions

Daily Operating Expense feature

  • Calculate a day’s cash on hand, which is used in Cash Flow Analysis and Cash Forecasting.

  • Edit for individual companies and effective months or set default Daily Operating Expense (DOE).

 

Enhancements in this release include:

Option to hide rows with $0 amounts on the Cash Forecast

To save on screen real estate on the Cash Forecast page, a new toggle switch is available to exclude any line items with no values.

Ability to expand and collapse all Inflow and Outflow sections on the Cash Forecast

In addition to expanding and collapsing line items on the Cash Forecast page, the entire Inflow and Outflow sections are now expandable and collapsible.