Net Cash

Net Cash Mobile: A Comprehensive Guide to BNP Paribas' Treasury App

Net Cash is a professional mobile banking application developed by BNP Paribas for corporate clients and treasury managers. This app provides secure, on-the-go access to essential cash management and financial services. Users of Net Cash can monitor account balances, execute payments, and manage company finances directly from a smartphone or tablet, offering a significant increase in operational efficiency and decision-making speed for businesses.

Multi-Bank Account Aggregation and Monitoring

The Net Cash application allows users to view information from accounts held across multiple banks within a single, unified dashboard. A treasurer starts by linking each external bank relationship to their Net Cash portal. Once configured, they can perform a consolidated check of all cash positions without logging into separate banking systems. This workflow provides an immediate overview of global liquidity, which is crucial for daily cash positioning and financial reporting.

Real-Time Payment Initiation and Approval

Users can authorize critical payments directly from their mobile device using Net Cash. The process begins by selecting a beneficiary from a pre-approved list and entering the payment details. For enhanced security, transactions often require a dual approval process; one user creates the payment order, and a second authorized signatory must log into Net Cash to validate and release it. This creates a secure and efficient payment chain, even when key personnel are away from the office.

Customizable Alert and Notification System

The Net Cash platform enables users to set up personalized alerts based on specific account activities or thresholds. A finance manager can configure the Net Cash app to send an immediate push notification for any transaction above a certain value or if an account balance falls below a predefined limit. This proactive monitoring tool helps teams manage risks effectively and respond instantly to important financial events without constant manual checking.

Secure Document Exchange and Messaging

Net Cash includes a secure messaging center for confidential communication between the company and its bank. Instead of using unsecured email, users can upload and send documents directly through the app’s encrypted channel. This feature is commonly used to provide payment justification, share signed authorization forms, or clarify transaction details with their BNP Paribas relationship team, ensuring all sensitive correspondence remains protected.

Treasury Reporting and Data Export

For deeper analysis, Net Cash provides robust reporting tools. Users can generate standardized or custom reports on cash flow, executed payments, and account statements. The process involves selecting the desired report type, defining the date range, and then exporting the data in a compatible format like PDF or CSV. This function allows finance teams to easily integrate banking data into their internal ERP or accounting systems for further processing.

Biometric Authentication and Access Control

Security is paramount, and Net Cash employs advanced protection measures. Users access the app not just with a password, but primarily through biometric authentication like fingerprint or facial recognition on their device. This ensures that only authorized personnel can access the company's financial data. Furthermore, the Net Cash administrator can define specific user roles and permissions, controlling exactly which functions each team member can see and use within the application.

In conclusion, Net Cash serves as a powerful extension of BNP Paribas’s corporate banking services, delivering critical treasury management functions to a mobile device. Its focus on security, real-time operations, and consolidated financial views makes the Net Cash app an indispensable tool for modern finance professionals who need to manage company funds efficiently from anywhere. The consistent functionality of Net Cash supports a streamlined and secure corporate banking experience.