Making cash flow

Cash flows in and out of oil and gas companies are at record levels. Accurate and timely information can ensure that your company is properly investing the cash to obtain the highest return.

A system that’s right on the money

BOLO’s Treasury Management system tracks the flow of cash throughout your organization. From punctual recordings of cash receipts to well timed, precise cash disbursements, BOLO manages all aspects of Cash Management providing decision makers the information they need to make good decisions.

BOLO enables you to:

Record the Business

• Post deposits to cash immediately upon receipt, without awaiting application instructions from revenue or JIB analysts
• Handle comprehensive netting arrangements
• Provide ACH payments to vendors and owners
• Automate AP, Revenue and Land check runs
• Fulfill Federal and State 1099 requirements

Manage the Business

• Create workflows that parallel the natural document flow within the organization
• Enhance internal controls by facilitating separation of accounting and treasury functions
• Provide positive pay files to banks to eliminate check fraud
• Analyze historical data for comparative purposes
• Upload check clears from bank files to facilitate account reconciliation
• Predict cash flow needs by running analysis reports