OPYO, a working capital optimization solution, introduces two new advanced modules to revolutionize financial forecasting with precise insights for informed decision-making that will empower business and corporate managers
Ra’anana, June 5, 2024 – OPYO, a leading working capital optimization solution, is thrilled to announce the launch of its two new modules: advanced cash flow model and OPYO IQ for better control and insights. With these cutting-edge modules users can now enjoy unparalleled functionality as well as precise and actionable insights, to explain financial results.
The new cash flow module supports all of the corporate cash movements both from AR-driven collections and AP-driven disbursements, providing comprehensive visibility into cash movements, offsetting inflows and outflows.
Through the OPYO interface, users can seamlessly add periodic items to both forecasts and actuals, ensuring accuracy and flexibility. The model offers quarterly to annual rolling forecasts across all required dimensions, including periodic intervals, geographies, business units, flow types, and currencies, with daily updates based on business activities to ensure the most current data is always available.
Ongoing quality improvement is a key feature, as the accuracy of the forecast is continuously measured and enhanced. Additionally, users in different locations can work in their local currencies, thanks to the model’s multi-currency view feature.
The ability to easily compare annual cash flow plans, different versions and actuals, enables effective monitoring and strategy adjustments.
This launch is an exciting addition to the recent release of OPYO IQ, a powerful new layer designed to empower business and corporate managers with enhanced control and insights.
Positioned as the managerial layer above the Collector (operational layer) and the OPYO Main Analytical layer, OPYO IQ offers a holistic view of the company’s financial landscape. It supports deep insights into cash movements, helping users understand the underlying dynamics of their cash flow. It also includes combined transactional cash flow, detailed currency cash flow forecasts for operational hedging, and comprehensive cash performance insights.
Embedded explanations for movements and detailed recommendations for identified risks and opportunities provide users with actionable insights.
“OPYO’s new cash flow modules are a game-changer for financial teams, offering detailed and accurate forecasts that are crucial for strategic planning and decision-making,” said Muki Sharir, Founder and CEO at OPYO. “Our aim is to provide a tool that not only identifies cash opportunities but also mitigates credit risks, ultimately guiding businesses towards sustainable growth.”
About OPYO:
OPYO is a working capital management solution leveraging both technology and professional services to help finance teams better understand cash opportunities and produce accurate cash flow forecasting. Serving as the financial team’s compass, OPYO is essential for planning and driving business growth.
For more information about the new cash flow modules and how they can benefit your business, please visit www.opyo.com or contact [email protected].