Panax’s cash management platform reduces 80% of the manual work in treasury operations. Our AI-powered platform intelligently categorizes transactions and AR reconciliation, eliminating repetitive tasks and minimizing errors.
Panax’s AI doesn’t just help you to forecast, it helps you to forecast smarter, and more accurately. As business conditions change, Panax’s models adjust forecasts at the category level, allowing for agile, informed decision-making.
Our smart cash management platform is designed to keep you in control, with final approval over everything the AI does. Panax uses AI to reduce unnecessary manual work and to help you generate better strategic insights, helping lean teams to get more done.
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Panax uses the data from your ERP, your previous transaction history and AI algorithms to help you work smarter and more efficiently.
Yes. Panax is built to take advantage of AI, but to give the finance team final approval over all work done by the system.
Panax uses AI and Automation to categorize transactions and match cash application (AR Reconciliation). It also uses AI for Cash Forecasting, to build flexible and accurate forecasts and give strategic insights.
Panax provides real-time or end of day updates, depending on the integration setup with banks and financial institutions, ensuring that you have up-to-date information for accurate decision-making. Panax also allows you to see when the data was last updated, directly in the platform
Panax has a dedicated resource for managing all customer questions and issues, and is committed to responding to all questions within 24 hours.
We just require the client to introduce us to the bank or platform and to submit any necessary documentation to grant us access.
Panax connects to a number of major ERPs including NetSuite and MS Dynamics
Panax supports multiple connection methods including API/SWIFT and bespoke connection methods tailored to the specific bank and customer.
We can connect to every bank which can provide transaction and balance reports and enables data to be shared with 3rd parties. Panax currently connects to over 10k banks, financial systems and ERPs
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