Opendata, web and dolomites

SCF SIGNED

Smart Cash Flow – Getting back on track

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 SCF project word cloud

Explore the words cloud of the SCF project. It provides you a very rough idea of what is the project "SCF" about.

party    turning    agenda    bank    forecasts    worked    enterprises    linking    asteria    businesses    business    register    cash    professional    america    banks    spending    transactions    companies    monthly    natural    decide    pursued    service    optimal    company    consent    3rd    gain    daily    tide    scf    smart    interface    filled    pitfalls    latin    cornerstone    gap    basis    digital    providers    collection    histories    programs    force    came    payment    obtain    market    intelligence    corporate    planning    last    accounting    advisor    flow    tested    customer    online    packages    services    accomplishes    banking    psd2    history    stand    directive    weekly    software    competition    least    shift    solution    accessible    patterns    debt    alone    stage    fintech    fortune    longterm    begin    smes    promoted    swedish    platform    streamline    wants    wanting    revised    invoice    artificial    reached    innovation    accounts    recommendations    act    actionable    empower    small    ec   

Project "SCF" data sheet

The following table provides information about the project.

Coordinator
ASTERIA AB 

Organization address
address: SVEAVAGEN 45
city: STOCKHOLM
postcode: 111 34
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Sweden [SE]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-09-01   to  2020-02-29

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ASTERIA AB SE (STOCKHOLM) coordinator 50˙000.00

Map

 Project objective

The objective of Smart Cash Flow (SCF) is to empower SMEs to act on their cash flow problems. We want SCF – a platform fully embedded in a user’s online banking services – to be the advisor-of-choice for companies wanting to avoid the pitfalls of cash flow. Today, if a small company wants to begin to assess its cash flow and decide on the best way to effectively manage it longterm, it is optimal for it to have open at least four stand-alone programs: accounting software, online bank account, invoice system, debt collection system.The gap is a product enabling businesses to manage cash flow on a daily, weekly and monthly basis and obtain insight from the trends and histories without spending a fortune. This gap has not been filled by the fintech market. The tide, however, is turning. Open Banking in Europe is being promoted by the European Commission as part of a digital agenda to open up services, provide choice and competition, and allow innovation in the market. Open banking is a cornerstone of the EC’s revised Payment Service Directive (PSD2), which came into force last year. A crucial aspect of this shift is to allow 3rd party providers, like Asteria, to gain access (with the bank customer’s consent) to an account, learn from the history of transactions, and be able to provide actionable insight and recommendations. SCF is about making professional cash flow management accessible to small enterprises. It accomplishes this by linking accounting software packages to corporate banking accounts, using artificial intelligence to register patterns, develop forecasts, and streamline cash flow planning. The natural interface for our solution is the online banking account. Asteria’s product has already reached an advanced enough stage to be tested by a Swedish bank, and we have worked with three other major banks. Other business opportunities are being pursued, including in Latin America.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "SCF" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "SCF" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

ALR4000 (2019)

Automated LCD Recycling series 4000

Read More  

Proteus 25 (2018)

Developing the world’s first food wrapping machine with organic film

Read More  

Preemie (2019)

Personalised nutrition of low-birth-weight infants

Read More