Keep Track of Payments Between Subsidiaries

SYDNEY - June 5, 2013 - PRLog -- Keeping track of payments between your international subsidiaries is a major task. An integrated global payment platform with Technocash Limited is the solution to consolidating all transactions, enabling easy access to transaction information related to subsidiaries.

The Technocash Organization Account is structured to enable your head office to monitor payments to, from and between subsidiaries. Member accounts are allocated to subsidiaries and linked to the master account, allowing your multinational’s head office to view all transactions that take place in member accounts.

For more information about monitoring payments between subsidiaries, contact the team at Technocash today at marketing@technocash.com or visit http://www.technocash.com/pages/monitor-payments-between-subsidiaries.cfm.

Greater Transparency and Organisation

Keeping records organised in a large organisation with many divisions requires a lot of effort. For legal obligations, businesses are generally mandated by governments to keep accounting records for at least seven years. Being able to keep track of transfers between subsidiaries helps your accounting department with record-keeping.

Aimed at businesses with subsidiaries located in different parts of the world, the Technocash Organization Account facilitates greater transparency and eases record-keeping. All transfer information is available and easily accessible through the master account.

Monitor Your Cash Flow Effectively

Technocash implements user-friendly features, such as the TransID, a unique transaction code that accompanies each and every transfer. This helps your business search for transactions easily, especially beneficial if multiple payments are sent and received on a daily basis.

Does your business’s head office need a payment system that enables them to easily monitor subsidiary payments? Consider applying for a Technocash Account today. Contact marketing@technocash.com (mailto:marketing@technocash.com?subject=Monitor%20payment...) for more information.