Mizuho Global Finance Manager Web
Our comprehensive finance management solution, Mizuho Global Finance Manager Web (MGFM–Web), provides you with tools to manage cash pooling, term loans, cash forecasting, and netting with a "single sign–on" to the system from Mizuho Global e–Banking. This program is quite suitable for a company (head office [HO] or regional headquarters [RHQ]) controlling cross–border financing facilities of its overseas branches, subsidiaries and affiliates.
1. Cash Pooling Management
MGFM–Web extracts debit/credit information of the bank accounts that occurs as a result of cash pooling and creates a report, which helps you effectively manage inter–company loan balances and respective interest among your group companies.
2. Term Loan Management
Current status of various term loan facilities, outstanding amounts, and interest among your group companies can be instantly monitored, making cash management easier for you in approving new term loans.
3. Cash Flow Forecasting Management
The system allows each group company to input its financial forecast and their head office or regional headquarters to use the data to identify the group funding needs and take necessary actions. It can also be used to foresee possible financial issues by comparing actual and forecast figures.
4. Netting Management
Netting is to offset A/R and A/P within group companies and settle the netted amount for the period. MGFM–Web can support our customer's multilateral netting operations.