eBusiness

MAY 2013

BCMS for Corporate Customers

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February 22, 2011 eBusiness 0
 eBusiness : Cash Management Services

How can cash management services help corporate customers?

Greater Cash-flow Hassle-free
Cheaper cost of funds
Efficiency disbursements

Eliminate loss of transit days and Repetitive payments & daily

Get interest into your transaction use over high-end analytics for cheque writing printed centrally,
account quicker; reducing your faster reconciliation and credit saving your time for productive
interest cost forecasting tasks

One-click banking Detailed reports

Front-end provided to customer for payment

initiation.
Customer will be provided with user-ids, who
can create, view, modify transactions.
Access to ~250 reports giving detailed insights on
your transaction status and cash flow status
Reports can be provided in TXT, XLS, PDF, CSV,
RTF and HTML file formats)
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 eBusiness : Cash Management Services
How is Cash Management Services different from the standard way in which
corporates handle payments and collections
Module Without CMS
Corporate collects cheques
from all its
Collections distributors/outlets
Cheque details are collated
and sent to bank clearing
Corporate has to create
cheques and mail/ courier it
Payments to vendors/ suppliers
Maintain details of invoice
and cheques for
reconciliation
Corporate has to keep
Liquidity constant track of all
Management accounts
Corporate has to maintain
balances to meet payment
requirements
With CMS
Distributors/retail outlets
deposit cheques in BOB
branch with additional data
Corporate is able to
immediately get reports on
the status of various
collections
Creates one excel with all
the transaction details and
authorise payments
Instant reports on status of
all payment transaction
Sweeping facility pooling
of funds in concentration
account
Reverse sweep- funding
different accounts through
Concentration account at
specified time (BOD).
Benefit
Time and resources saved
in reconciliation
Quicker access to funds
Time and resources saved
in creating cheques and
reconciliation
Better control and
understanding of cash flow
Better utilisation of funds
Lower interest costs
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 eBusiness : Cash Management Services

PROCESS FLOW
Branches approach Customer.
Branches forward application forms to Central
Operational Hub (COH).
COH process application forms and advise
customer-code to branches.
Now the Customer is CMS-Customer.
The transactions are routed through
branches/service branches/CBOs/CMSCOH

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 eBusiness : Cash Management Services

How does Cash Management Services work?

Banks end Customers end

Login screen of Cash @ will Login screen of Bank-O-Net

More functions than

customers
interface
Allows the customer to authorize payments to
Allows the bank to monitor, authorize and large number of customers and generate
generate various reports important reports
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 eBusiness : Cash Management Services
Customers can use the online module to access critical reports
Features of online module
1 Create queries for
On demand

generation

customized reports on
report

transactions

2 Use the standardised

List of reports

reports that give status of

various transactions

3 Upload files for bulk

File upload

NEFT/RTGS payments

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 eBusiness : Cash Management Services
Over 250 reports are customisable depending on customers requirements
Bounced instrument details Collection enrichment report

Features
1 Corporates can
choose the reports
they want or ask us
to customise
special formats

2 Corporates can
Payment enrichment report Credit forecast report choose the
frequency of
generation of the
report

3 List of over 250

reports available

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 eBusiness : Cash Management Services

How do you identify if a customer needs a Cash Management products?

Questions to be posed to the customers Answers (Yes/No)

1 Does the customer have more than 50 buyers for its various raw
materials?

2 Does the customer have a network of distributors/retail outlets from

whom it receives payments?

3 Does the customer have more than 100 employees, whose salaried
accounts can be handled through CMS?

4 Does the corporate spend a lot of time at the branches to collect

account statements?

5 Does the corporate have idle cash lying in some accounts whereas
large limits are lying in others?

6 Does the corporate face problems in receiving payments due to

delay in clearing cheques
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 eBusiness : Cash Management Services

FEATURES OF OTHER ONLINE TRANSACTION FACILITIES (1/2)

Our features and how they benefit you

Upload multiple NEFT/RTGS requests in Save time and effort

the same instruction
BCMS
Evolved Authorisation System: Payments Ensures stringent security in payment
processed after authorisation by designated
Officers
Quick and efficient transfer of funds,
RTGS - Instantaneous Transfer of Funds saves your time
NEFT -Payments guaranteed to be
received by counter-party within 3 hours

We will send an e-mail to the Peace of mind and better relations

beneficiary intimating them of the credit between both parties
to their account

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 eBusiness : Cash Management Services

BARODA CASH MANAGEMENT SERVICES has

started functioning from December 15, 2008 at

Central Operational Hub (BCMS),

Mumbai Main Office,
1st Floor, Mumbai Samachar Marg,
Fort, Mumbai 400023
Ph. 022-40468401 to 07 : Fax 022-40468400
E-mail: cmscoh@bankofbaroda.com

Contact Persons:
Mr. Mukul Ranjan, Chief Manager Mobile No.
09323063049
Mr. K. K. Waghela, Senior Manager Mobile No.
09870930856
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Thank You

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