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CashPro offers a unified platform for managing cash, liquidity, and payments. Features include real-time visibility into cash positions, digital payments, and robust reporting tools to support decision-making.
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Platforms that centralize the administration of corporate bank accounts, signatories, and mandate management across multiple financial institutions and jurisdictions.
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Multi-bank Account Integration The ability to connect and manage accounts across multiple banking institutions within one system. |
CashPro supports account management across multiple institutions (Bank of America documentation and customer reviews confirm multi-bank capabilities). | |
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Bulk Account Creation Supports the opening and configuration of multiple bank accounts simultaneously. |
No information available | |
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Account Data Validation Automated validation of account information to prevent errors and duplicates. |
Product enables automated validation of account data to prevent errors (per reporting and documentation on setup workflows). | |
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User Role-based Access Control Ability to assign and control user permissions for account access and operations. |
Role-based access control is a core feature (official documentation highlights customized user roles and permissions). | |
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Automated Account Closure Workflow to safely and automatically close redundant or unneeded accounts. |
No information available | |
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Audit Trail for Changes Maintains a complete history of all changes made to account details. |
Audit trails for changes are mentioned as part of CashPro security and compliance tools. | |
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Account Status Monitoring Tracks status (active, dormant, closed) and alerts for status change. |
CashPro delivers monitoring and alerts for status changes (see real-time cash/treasury functions). | |
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Custom Account Grouping Ability to categorize and group accounts by business unit, region, or purpose. |
No information available | |
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Account Metadata Customization Allows the addition of custom fields/attributes to accounts. |
No information available | |
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Automated Signatory Management Tracks and manages authorized account signatories, automating updates. |
No information available | |
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Account Hierarchy Visualization Visual representation of account relationships and organizational structures. |
No information available | |
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Instant Notification of Account Changes Sends alerts for any changes or critical events related to accounts. |
Instant notifications on critical account changes are supported; official feature lists include alerting and notification functionality. |
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Host-to-host Integration Direct, secure connection with bank platforms for high-volume data exchange. |
No information available | |
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SWIFT Network Connectivity Supports messaging and transactions over the SWIFT network. |
SWIFT connectivity is a standard feature for multi-bank corporate platforms at this tier (Bank of America confirms CashPro SWIFT capability). | |
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API-based Banking Integration Offers APIs for real-time data integration with banks. |
CashPro offers API-based integration with banks and treasury systems; APIs are described in integration guides. | |
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File-based Bank Statement Import Supports electronic import of bank statements (BAI2, MT940, ISO 20022, etc). |
File-based imports (BAI, MT940, ISO 20022) are supported as standard by CashPro per feature brochures. | |
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Multi-bank Connectivity Capacity Number of financial institutions that can be connected simultaneously. |
No information available | |
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Connectivity Uptime SLA Guaranteed system uptime for bank connections. |
No information available | |
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Real-time Data Synchronization Ensures banking data is updated in real-time. |
Real-time or near real-time data synchronization is promoted, enabling up-to-date visibility. | |
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Automated Bank Authentication Uses secure protocols to authenticate bank data connections automatically. |
Automated secure bank authentication is referenced in security overviews. | |
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Scheduled Bank Downloads System automatically polls bank accounts based on a schedule. |
CashPro offers scheduled/batch and real-time data downloads according to user configuration. | |
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Multi-format Support Accepts a range of data formats from banks (CSV, XML, EDI, etc). |
Multi-format data support (CSV, XML, EDI, BAI2, etc.) is part of regular statement and payment import/export. |
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Real-time Balance Display Shows up-to-the-minute account balances. |
Real-time balance display is a headline feature; CashPro advertises up-to-the-minute cash positions. | |
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Historical Balance Analysis Enables tracking and analysis of balances over time. |
Historical balance tracking and analysis available through reporting functionality. | |
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Automated Intraday Position Updates System updates cash positions throughout the day as transactions process. |
Automated intraday position updates are referenced consistently across the product's collateral. | |
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Consolidated Cash Position Reporting Aggregates balances from multiple accounts and banks for group-wide view. |
Consolidated reporting across accounts and banks is a primary feature. | |
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Currency Breakdown Displays cash positions by individual currency. |
Currency breakdown of cash positions is offered for multi-currency corporates. | |
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Forecast-to-Actual Reconciliation Links forecasts with actual account movements to highlight variances. |
CashPro can reconcile forecasted versus actual cash flows for variance analysis. | |
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Cash Pooling Structure Visualization Shows structure and flows of notional or physical cash pooling arrangements. |
No information available | |
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Account Balance Sweep Scheduling Automates daily or scheduled account sweeps to optimize cash concentration. |
Scheduled account sweeps are supported for cash concentration. | |
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Automated Surplus/Deficit Alerts System notifies users of unusually high or low balances automatically. |
Real-time alerts for surplus/deficit thresholds are configurable in CashPro. | |
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Multidimensional Filtering Ability to filter cash positions by entity, country, bank, or custom dimension. |
No information available | |
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Liquidity Usage Reporting Summarizes how cash/liquidity is allocated across business lines and accounts. |
Liquidity usage reporting is available via analytics and reporting widgets. |
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Bulk Payment Initiation Facilitates mass payment instructions to one or more banks. |
Bulk payment initiation for payroll/vendor payments is a well-documented use-case for CashPro. | |
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Payment Approval Workflow Customizable workflows for payment authorization, including maker-checker controls. |
Customizable approval workflows (including dual controls) are part of payment features. | |
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Automated Payment Matching Matches incoming payments to invoices or outstanding items. |
Automated payment matching referenced in official overviews (applies to collections/reconciliation). | |
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Real-time Payment Status Tracking Displays current statuses of all outgoing and incoming payments. |
Real-time tracking of payment status is promoted as an advantage for corporates. | |
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Multi-currency Payment Support Supports payments in all major and local currencies. |
Product handles multi-currency payments by design (essential for global treasury platforms). | |
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Payment Template Management Saves and reuses templates for recurring or bulk payment runs. |
Payment template management is promoted for recurring payment automation. | |
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Sanctions & Compliance Screening Automatically screens payees against sanctions or blacklists. |
Sanctions and compliance screening is referenced throughout BofA CashPro documentation. | |
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Automated Payment Reversals Supports automated recall or reversal of payments if necessary. |
No information available | |
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SEPA/ACH/SWIFT Payment Support Supports major payment rails and formats specific to geography. |
SEPA, ACH, and SWIFT payment support are specifically called out in payment services. | |
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Payment Initiation Capacity Maximum number of payment transactions that can be processed per hour. |
No information available |
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Automated Bank Statement Import System supports scheduled import of electronic bank statements. |
Electronic bank statement import is a standard automated process within CashPro. | |
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Rule-based Transaction Matching Uses configurable rules to match bank and ledger transactions automatically. |
No information available | |
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Manual Exceptional Handling Provides workflow for reviewing and resolving unmatched transactions. |
No information available | |
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Automated Exception Alerts System flags discrepancies or unmatched transactions in real-time. |
Real-time exception alerts for reconciliation issues are described as part of operations dashboard. | |
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Reconciliation Processing Speed Volume of transactions reconciled per minute. |
No information available | |
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Granular Audit Log Tracks all reconciliation activities and user interventions. |
Audit logging for reconciliation processes is a feature highlighted for compliance. | |
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Attachment & Note Linking Allows users to attach documents or notes to reconciliation items. |
No information available | |
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Reconciliation Dashboard Visual dashboard of reconciliation status and outstanding breaks. |
Reconciliation dashboards are available for treasury and finance users. | |
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Multi-account, Multi-currency Support Handles reconciliations across heterogeneous currency and account types. |
Multi-account and multi-currency reconciliation is necessary for Bank Account Management Systems like CashPro. | |
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Auto-generated Adjustment Entries Can create and post adjusting entries to resolve breaks. |
No information available |
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Multi-factor Authentication Users are required to provide multiple forms of identification. |
Multi-factor authentication featured in security controls (standard for BofA digital products). | |
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Data Encryption in Transit and at Rest Data is encrypted during transmission and while stored. |
Encryption in transit and at rest is a regulatory requirement and cited in technical documentation. | |
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SOX/PCI/DSS Compliance Platform is compliant with key regulatory and industry standards. |
SOX and PCI/DSS compliance are confirmed in Bank of America service agreements and documentation. | |
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Automated User Access Review Periodically reviews user permissions, prompting revocation of unneeded rights. |
No information available | |
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Audit Logging and Reporting All system actions are logged and can be exported for audit. |
Audit logs and reporting are standard for CashPro compliance and auditing. | |
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IP Whitelisting Restricts platform access to specified network addresses. |
No information available | |
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Granular Permission Levels Enables detailed, hierarchical access permissions. |
Granular permissions are detailed in admin configuration guides for CashPro. | |
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Compliance Alerting System sends alerts regarding potential regulatory breaches or anomalies. |
Compliance alerts are included as part of automated treasury/transaction workflows. | |
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Automated Data Retention and Purging Data lifecycle management for compliance with retention policies. |
No information available | |
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Penetration Testing Frequency Number of external penetration tests conducted annually. |
No information available |
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Customizable Dashboard Configurable, visual display of key cash and account metrics. |
CashPro offers customizable dashboards for cash management reporting and analytics. | |
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Ad-hoc Report Builder Users can create custom reports by selecting data fields and filters. |
Ad-hoc report builder tools are promoted as a key platform benefit. | |
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Automated Scheduled Reporting Sends reports periodically to defined recipients automatically. |
Scheduled reporting is supported and can be distributed to user-defined lists. | |
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Data Drilldown Ability to explore underlying transactions behind summary data. |
Drilldown into transaction data is available from report summaries within the platform. | |
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Anomaly Detection Analytics System applies analytics to flag outlier transactions or activities. |
No information available | |
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Export to Multiple Formats Reports can be exported to Excel, PDF, CSV, and other common formats. |
Export to Excel, PDF, and CSV is documented in the user manual. | |
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User-level Reporting Permissions Control which users may access sensitive data in reports. |
No information available | |
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Data Visualization Widgets Support for charts, graphs, and custom data displays. |
Data visualizations (charts, graphs) form part of the core analytics dashboards. | |
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Historical Trend Analysis Allows users to analyze trends in balances, payments, and collections by period. |
No information available | |
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Automated KRI/KPI Calculations Key Risk and Performance Indicators are automatically calculated and reported. |
No information available |
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ERP/TMS System Integration Supports seamless data exchange with ERPs or Treasury Management Systems. |
ERP/TMS integration is supported and listed as a feature for CashPro integrations. | |
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Open RESTful APIs APIs for flexible and scalable integration scenarios. |
RESTful APIs are available for integration, according to developer and product documentation. | |
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Data Mapping Engine Tool for mapping and transforming incoming/outgoing data formats. |
Data mapping and transformation tools are referenced in the integration overview. | |
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Master Data Management Manages and synchronizes core master data used for accounts and transactions. |
No information available | |
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Bulk Data Import/Export Handles large-scale data uploads and downloads efficiently. |
Bulk import/export is a promoted feature for large enterprise onboarding. | |
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Automated Data Error Handling Detects and manages data mismatches during integration. |
No information available | |
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Integration Latency Average time lag for data sync between systems. |
No information available | |
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Data Quality Dashboard Summary metrics and visualizations of data completeness and accuracy. |
No information available | |
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Audit Trailing of Data Changes Tracks and logs each data element's history. |
No information available | |
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Integration Failure Notifications Real-time alerting for integration or sync failures. |
No information available |
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Cloud/Web-based Access Platform is accessible securely from anywhere via the internet. |
CashPro is a secure web-based platform accessible from any internet connection. | |
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Mobile Device Support System is usable via mobile devices and tablets. |
Mobile access supported via CashPro Mobile app (documented on official product page). | |
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Multi-language Interface User interface available in multiple languages. |
No information available | |
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End-user Customization Users can personalize dashboards, views, and notifications. |
End-user dashboard and notification customization is highlighted as part of user experience features. | |
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Accessibility Compliance Meets standards for users with disabilities (e.g., WCAG). |
No information available | |
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Responsive Design Interface optimizes for various device screen sizes. |
Responsive web design ensures usability across a range of devices/screens. | |
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Contextual Help & Tutorials Help resources integrated directly into the application. |
Integrated help documentation and tutorials found within the CashPro platform. | |
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Self-service Password Reset Users can securely reset their own login credentials. |
Self-service password reset is available as part of user account management. | |
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Instant Search Across Accounts Quick keyword or advanced search across all accounts. |
Instant search functionality across accounts is described for CashPro. | |
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Session Timeout Configurability Customizable idle timeout to protect unattended sessions. |
No information available |
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Configurable Workflow Engine Design and modify multi-step approval processes for banking activities. |
Workflow configuration (approval and processing) is a core feature for banking activities in CashPro. | |
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Automated Task Assignment System automatically assigns tasks to appropriate users/groups. |
No information available | |
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SLA-driven Escalation Tasks are escalated per service-level agreements if not completed on time. |
No information available | |
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Conditional Routing Route work based on data values, user roles, or thresholds. |
No information available | |
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Automated Notifications & Reminders Sends workflow reminders and alerts to responsible users. |
Automated notifications and workflow reminders are included to prompt user actions. | |
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Workflow Performance Analytics Reports on workflow steps, bottlenecks, and completion time. |
Performance analytics on workflow/completion times are shown in the operations dashboard. | |
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Template-driven Approvals Standardized approval templates for recurring tasks. |
No information available | |
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Parallel Processing Support Supports simultaneous workstreams within workflow. |
No information available | |
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Automated Document Generation Creates account opening, closure, or compliance documentation automatically. |
No information available | |
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Workflow Execution Speed Average time to complete a standard workflow step. |
No information available |
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24/7 Customer Support Vendor provides round-the-clock access to technical and functional support. |
24/7 customer support is offered to CashPro clients as documented on the website. | |
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Dedicated Account Manager Each client has a named contact for relationship management. |
Dedicated account managers are standard for large corporate clients using CashPro. | |
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Service Response SLA Guaranteed time to initial response for support queries. |
No information available | |
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Online Knowledge Base Comprehensive self-service documentation and FAQs. |
Rich online knowledge base is available through the CashPro client portal. | |
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Community / User Forum Platform for peer-to-peer support and best practice sharing. |
No information available | |
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Automated System Health Monitoring System runs automated diagnostics and sends operational alerts. |
No information available | |
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Product Update Frequency How often updates and new features are released. |
No information available | |
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Disaster Recovery RTO Maximum Recovery Time Objective for system restoration. |
No information available | |
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Uptime/Downtime Dashboard Live status information on platform availability. |
Uptime/downtime dashboards are available for platform status transparency. | |
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Customer-driven Enhancement Requests Process for customers to suggest new features or improvements. |
CashPro includes a process for customer enhancement/suggestion requests (per client materials and site). |
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