Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
BusinessManager is a comprehensive program designed to assist banks and credit unions in providing immediate working capital to reputable businesses facing cash flow challenges, in return for their accounts receivable (A/R). This innovative solution combines advanced software with personalized service, allowing your clients to receive funding for their invoices at a reduced rate on a full-recourse basis, supported by a flexible cash collateral reserve. By enabling cash-strapped yet creditworthy businesses to convert their accounts receivable into cash daily, your institution can play a pivotal role in their financial health. Over its impressive two-decade trajectory across all 50 states, BusinessManager has established itself as the leading program for accounts receivable financing. Backed by the expertise of banking, technology, and business development professionals at Jack Henry, we provide extensive, practical training for your personnel, access to a wealth of digital marketing tools, and a dedicated team of risk management specialists to ensure success. With BusinessManager, your organization can significantly enhance its offerings while fostering stronger relationships with local businesses.
Description
Risks associated with capital are crucially linked to the well-being of supply chains. Numerous suppliers face difficulties due to price fluctuations and extended payment periods. Addressing the necessity to optimize working capital is vital for achieving business success. By adopting a connected strategy that encompasses buyers, suppliers, and financial providers, organizations can leverage data to introduce innovative financing solutions that enhance working capital availability while benefiting all participants. This approach allows suppliers to access cash at more favorable terms, while buyers can ease the burdens in their supplier interactions. Consequently, the entire supply chain thrives within a collaborative and healthy framework. By implementing invoice discounting programs for suppliers, businesses can increase their cash returns and decrease their cost of goods. Furthermore, offering these programs at rates that are lower than what suppliers would typically pay for borrowing can help minimize capital expenses, secure a reliable supply, and lead to reduced overall costs in production. This holistic approach not only strengthens relationships but also promotes sustainable growth across the supply chain.
API Access
Has API
No
API Access
Has API
No
Integrations
MANTL
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Jack Henry & Associates
Founded
1976
Country
United States
Website
www.jackhenry.com/jack-henry-lending/commercial-finance/pages/ar-finance.aspx
Vendor Details
Company Name
Infor
Founded
2002
Country
United States
Website
www.infor.com/products/supply-chain-management/supply-chain-finance
Product Features
Accounts Receivable
ACH Payment Processing
No
Billing & Invoicing
No
Check Processing
No
Collections Management
No
Online Payment Processing
No
Overpayment Processing
No
Partial Payments
No
Receivables Ledger
No
Recurring Billing
No
Banking
ATM Management
No
Compliance Tracking
No
Corporate Banking
No
Credit Card Management
No
Credit Union
No
Investment Banking
No
Multi-Branch
No
Online Banking
No
Private Banking
No
Retail Banking
No
Risk Management
No
Securities Management
No
Transaction Monitoring
No