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Source: Inatech

Treasurytech, Inatech's treasury management product allows bunker fuel suppliers to automate and streamline their complex treasury operations, giving them a real-time view of their finances from a single dashboard.

When it comes to treasury management, bunkering companies face a number of specific industry challenges:

- Their financial structure tends to be more transactional.

- Financing is usually acquired from multiple banks and multiple facilities.

- They deal with complex limits and sub-limit.

- Are required to handle multiple instruments.

This means that traditional treasury solutions don't meet bunker fuel suppliers.

Inatech has a specific product for bunker fuel suppliers - Treasurytech

Treasurytech manages the end-to-end treasury process of bunkering companies handling outgoing and incoming funds, credit facilities and its use via multiple treasury finance.

Treasurytech features:

It provides automated cash flow management, bank facility management, collaterals management, bank reconciliations, loans and deposit management, Forex deal management and reports generation to support the complete treasury process.

The benefits of implementing Treasurytech:

Bunker fuel suppliers:

- Have complete control of their treasury operations.
- Have clear visibility of cash flow and facility utilisation, which ensures the effective utilisation of lines of credit.

- Have automated processes that ensure quick and efficient data flow, data security and data auditability.

- Can easily handle multiple banks, facilities and instruments.

- Have a solution that seamlessly integrates with any accounting system.

- Have access to an extensive range of reports including reporting on credit facilities available, treasury deals and current liquidity.