Cash, Fund & Payment Administration
Luther Corporate Services supports a diverse portfolio of clients ranging from small and medium-sized enterprises to multinational corporations with cash, fund and payment administration services. For smaller businesses where segregation of duties is an issue, our service functions as an internal control in regard to company’s spendings.
- Administration of cash funds deposited with us or in client’s own bank accounts
- Cash forecasting and processing of accounts receivables
- Account signatory services to arrange settlement of company obligations to suppliers, payroll, employee expense reimbursements and other fund transfers
- Opening of bank accounts and managing changes to bank signatories
- General administration, e. g. post forwarding