Preview

Introduction on Bdo

Satisfactory Essays
Open Document
Open Document
320 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Introduction on Bdo
BDO Cash Management Solutions provide a diverse range of financial solutions that can be customized to meet even your most demanding and complex financial needs. With BDO, you have cash management solutions you never thought possible.

The BDO services at your disposal:

Payables Solutions

Integrated Disbursement Solutions - Provides greater efficiency by consolidating all payment transactions
Payroll - Maximizes the convenience of paying employees’ salaries, benefits and incentives
Check Disburse - Streamlines and customizes your check printing and preparation
Government Payments - Gives you convenience in paying various government agencies using BDO’s Online Banking Service
Receivables Solutions

Auto-Debit Arrangement - Simplifies and ensures on-time collection of receivables
Bills Payment Facility - Efficiently facilitates collection and consolidation of payments from your clients through BDO’s various channels
Cash & Check Deposit Pick Up - Provides peace of mind by securing your collection by utilizing armored cars or authorized couriers
Post Dated Checks Warehousing - Offers safe and automated management of future-dated check collections
Point Of Sale Terminals - Cost effective and efficient alternative to cash-based collections
At BDO, we know you have banking needs that can be vastly different from others’ and minutely specific to your operations. This is the compelling reason why we have put together a diverse range of banking products and services to provide the best solution possible for your specific banking need.

Currently, BDO’s Cash Management Solutions offers 18 products to serve the cash management needs of over 7,000 clients.

The effectiveness of CMS can be seen in its average annual growth of 20% and P130 million average annual growth.

Our track record has also gained the recognition and respect of foreign banks as many have made BDO their preferred partner to service their clients in the Philippines.

Dedicated

You May Also Find These Documents Helpful

  • Powerful Essays

    remaining 265,000 invoices then go through a Purchase Order check and then move them to the Pay From…

    • 2472 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    | Enters the orders of the customers at the time of purchase. To process monetary transactions to banking institutions…

    • 308 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Edwardo Hernandez Resume

    • 321 Words
    • 2 Pages

    Prepared bills for food, using cash register, calculator, or adding machines, and accept payment and make change. Balanced receipt and payments in cash registers.…

    • 321 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    It can offer account level security, analytical accounting, bank reconciliation. It also can manage cash flow, cashbook bank, collections, electornic bank, reconciliation encumbrance, and fixed asset. In addition, it can run application of supply chain management, project management, and human resource management. It can integrate concur expense and consolidate customer and vendors.…

    • 1511 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    | 5. Batches checks 6. Sends checks to cashier 7. Uses payments stub to enter payments into computer…

    • 787 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Bis 220 Week 1

    • 467 Words
    • 2 Pages

    | Allows us to process customers through the use of credit or debit cards, cash, or even with a check…

    • 467 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    To protect a company from financial loss, management must restrict cash access and keep money in locked compartments. Adequate training must be provided to all employees handling cash. Cash registers, data entry computer systems, hand written logs, and numbered receipts are designed to record cash upon receipt, providing a more structured cash balance at the end of the business day. It is also important to segregate duties related to cash handling. This will reduce the likelihood of intentional and unintentional errors (YSU).…

    • 918 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Booval (Milk) Vitasoy JV (Soy) Leeton (Juice) Riverland (Juice) Murray Bridge (Dairy & Cheese) Bentley (Milk and juice) Clarence Gardens (Milk) Jervois (Cheese) Salisbury (Milk) Shepparton (Milk)…

    • 818 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Quiz 2

    • 475 Words
    • 4 Pages

    Customer inserts the payment details through the online interface. The entered informatin is then processed by the software module designed for processing the payment information. The payment information entered by the customer is verified by a Bank and is then confirmed.…

    • 475 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    Another internal control over cash inflows is to require that authorized employees immediately endorse checks and prepare a record of all cash payments. Cash payments should be separated from the company’s bookkeeping documents. The next step is to forward the cash on to the company’s cashier’s office or company treasurer. The company treasurer or cashier writes up the proper paperwork for the deposit and sends the cash deposit to…

    • 2082 Words
    • 9 Pages
    Better Essays
  • Good Essays

    While BBBY's balance sheet is strong, there are risks of having too much cash. Namely the risk of not attracting or keeping investors, because of their desire to maximize their returns. When an investor sees to much cash on the balance sheet, they may question the company's ability to manage their capital structure efficiently, and therefore question their ability to maximize shareholder value. While BBBY uses their cash for store growth and small acquisitions, they should also be focusing on using their cash to increase shareholder value.…

    • 511 Words
    • 3 Pages
    Good Essays
  • Good Essays

    * They carry the receivables (cash flow issues due to long payment terms of customers; actually a 90 days credit)…

    • 654 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Rea Model

    • 338 Words
    • 2 Pages

    J&B Enterprises offers each of its clients a full range of outsourcing service options which allow those companies to concentrate almost exclusively on their main value-added activities. J&B will do your bookkeeping, computer services, taxes, cleaning, advertising, legal work, etc. for you by dispatching its own well-trained employees to your place of business. Each service engagement involves exactly one type of service, and it must include at least one engagement employee. Each type of service has a standard hourly billing rate. Employees can engage in multiple service engagements, but they have just one hourly wage rate. When a service engagement is completed during a particular month, that client is required to pay in full for it by the 20th of the next month (if a client has had more than one service engagement, one payment can be submitted for all of the engagements). Clients NEVER make partial payments. Although the vast majority of cash receipts come from clients for service engagements, some cash receipts come from other sources (e.g. bank loans). Every cash receipt is processed by exactly one of J&B’s several cashiers and is deposited into one of J&B’s bank accounts. Information about service types, cashiers, engagement employees, and clients will often need to be entered into the database before any transactions involving them have occurred. Information about cash accounts may not be entered into J&B’s system without assigning at least one cash receipt to that account. The following attributes are of interest to potential users of this data model.…

    • 338 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Owens & Minor's Case

    • 808 Words
    • 3 Pages

    They carry the receivables (cash flow issues due to long payment terms of customers; actually a 90 days credit)…

    • 808 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Banco de Oro Swot Analysis

    • 3697 Words
    • 15 Pages

    In the field of banking nowadays, one of the leading names is Banco de Oro or more popularly known as BDO. Presently, it is the largest bank in the country in terms of assets, loans and deposits. BDO is owned by SM Group of Companies, also the owner of one of the largest mall chains in the Philippines-the SM Malls.…

    • 3697 Words
    • 15 Pages
    Powerful Essays