Automated, accurate categorization that actually works

90%+ accuracy in transaction categorization, driven by automation, AI algorithms and rules.

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$120K+

Saved annually on interest payments

18%+

Cash invested in interest accounts

25+

Operational hours saved per week

Categorize transactions automatically

Enjoy smart, AI-driven categorization – Panax’s AI engine identifies transaction patterns and suggests categories automatically, so you can focus your time on more value-driven tasks.

Create flexible reporting, with accurate categorization

With the transactions as the building blocks, reports can be personalized to meet the needs of different company use cases, both B2B and B2C.

Create accurate forecasts and budgets, based on real data

With a high rate of categorized transactions, running a bottom-up forecast or a budget is easy in Panax. Compare forecasts to actuals, and run flexible scenario planning with ease.

Transform Cash Management, Unlock Growth

Streamline cash forecasting, mitigate cash risks, and gain actionable insights to drive smarter financial decisions.

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Frequently Asked Questions

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Cash Management

What should I look for in a cash flow management solution?

As companies grow, so do their cash management requirements. This leaves CFOs and treasury teams with new challenges to deal with. They need to manage multiple accounts across multiple currencies and geographies, ensure optimized use of financial instruments like credit lines and investments, gain control of their liquidity status, forecast cash flows, and more. The cost of an error is high, which is why many teams turn to cash management solutions at this stage.

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See all

What ERP systems do you connect to?

Panax connects to almost every ERP but is optimized for easier integration to connect to Netsuite, Microsoft Dynamics, Priority and Sage Intacct. You can read more on our connectivity page. Panax can also categorize automatically even without ERP data.

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How does Panax categorize transactions automatically?

Panax uses AI algorithms, ERP data and rules to categorize transactions based on descriptions, vendors, and previous classifications. You can also adjust categories or create custom rules to enhance accuracy.

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Can I create custom transaction categories in Panax?

Yes, Panax allows you to create custom subcategories, ensuring that your transaction data aligns with your unique reporting and financial analysis requirements.

"Panax streamlined our access to our global bank accounts. With Panax we have clear visibility into each hotel, understand cash flow cycles and make sure each hotel is funded to a sufficient level. Having this access in one portal has enabled us to move quicker and maximize liquidity"

M. Asulin

Head of Investments

"I love Panax's waterfall cash report. I use it daily."

D. Tal

VP Finance

"Panax’s proactive alerts and improved visibility, enabled us to increase our invested cash by $5.5m, which equals over $250k in interest income annually"

H. Shemesh

VP Finance

"Using Panax saves my team many hours of manual work and errors and gives me the insights I need to understand our cash trends and take proactive decisions."

O. Chereshniya

CFO

"Seeing everything in one place and getting proactive alerts and trends has been a game-changer for our cash management processes."

N. Bar

Finance Director

"Panax enables us to optimize our cash management and maximize the total yield we gain on our liquidity."

M. Moore

VP Finance