Bottomline Technologies has added new functionality for its WebSeries Global Cash Management platform, to help banks leverage industry standard messages for faster, more efficient cash reporting.

Through these new cash reporting capabilities, banks can send account statements and advices to corporate clients and correspondent banks. As the demand for real-time reporting among corporates and financial institutions continues to increase, WebSeries' new functionality, which includes Nostro reporting, should allow bank admin users to easily configure clients to receive statements and advices as needs and business requirements evolve.