Treasury and finance · Bank Account Tracking (rm.BankAccounts)
Bank account management software
Manage global bank accounts, signers and authorities with multi-currency support and approval workflows.
The problem
Account and signer records sit in spreadsheets across regions, so nobody can say at a glance who can sign on which account. Signers who have left the company stay on accounts, dormant accounts stay open, and every audit request becomes a manual hunt.
What it does
Account register
Every account with bank, currency, purpose and status.
Signers and authorities
Who can sign, up to what limit, with history.
Approval workflows
Opening, closing and signer changes go through approval.
Regional branches
Open, amend, close and track accounts, including regional bank branches.
Signers by country
Track signatories by country and by account.
Audit reports
Run global banking reports for internal audit and compliance reviews.
82 currencies
Accounts in any of 82 currencies, with managed exchange rates.
Full record and reporting
Every action and message between your team and outside parties is logged, and ad-hoc reports give real-time bank account, process and performance data.
How it works
- 1Change requested
- 2Approved
- 3Bank updated
- 4Register and audit trail updated
What to expect
Who uses it
Treasury, finance and audit teams responsible for bank accounts and signing authority.
Questions
Does it support multiple currencies?
Yes. Accounts are tracked in any of 82 currencies, with managed exchange rates.
Can we show signer authority in an audit?
Yes. Every signer change keeps its approvals and effective dates.
Related
Contingent Liabilities
Request and track letters of credit, bank guarantees, surety bonds and comfort letters from request to expiry.
Learn moreThe RiskWorks platform
The platform every application runs on: workflows, rules, hierarchies, documents and audit trail.
Learn moreWhat does managing bank accounts cost you?
The free Risk Diagnostic shows where your treasury team’s time goes, compared with your industry. Then review it with an Exigis analyst at no cost.