How does Panax use AI in its cash management platform?

Panax’s AI-powered platform intelligently categorizes transactions and matches AR reconciliation. It also uses AI for easy and accurate cash forecasting.

Does the finance team have final approval over the AI algorithms?

Yes. Panax is built to take advantage of AI, but to give the finance team final approval over all work done by the system.

What banks and platforms can you connect to?

Basically, all of them. Panax connects to over 10k global banks, you can check with us about a specific bank for compatibility. Panax also connects to cash platforms, including AirWallex, Paypal, Stripe, MESH and Payoneer.

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"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
"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
"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
"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