Bank ofAmerica Merrill Lynch has launched a new module for its GlobalReporting and Account Management system, which is a Web-basedreporting solution for Bank of America Merrill Lynchcommercial-card programs.
|Dashboard Analytics is designed to provide senior executives andtreasury teams with new insights into the company's commercial-cardactivity. The module includes three views of corporatecommercial-card data: a “Card Activity” dashboard, which trackstotal transaction count or value by time period, spending category,or other dimension; a “Leader” dashboard, which tracks totalspending or number of transactions by a company's organizationalstructure; and a “Negative Change” dashboard, which trackssignificant decreases in spending or transaction count by acompany's organizational structure.
|Ultimately, Bank of America Merrill Lynch expects the DashboardAnalytics module to help clients make better decisions to improveworking capital, negotiate better terms with key suppliers, andfacilitate compliance with company travel policy.
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