What to Expect

Stop managing financial complexity across disparate systems. The Charibaas platform acts as a single source of truth for all your financial operations, offering advanced Accounting and Settlement automation. This service is engineered to manage complexity while ensuring total compliance with local regulatory requirements.

Core capabilities for financial control:

  • Multi-Currency Account Management : Manage and reconcile accounts in various currencies, simplifying international operations and foreign exchange handling.

  • Automated General Ledger (GL) Postings : Transactions are automatically mapped and posted to a double-entry ledger in real-time, eliminating manual errors and speeding up month-end close.

  • Bank-Al-Maghrib Compliant Reporting : Instantly generate the required regulatory reports, including cash flow statements, balance sheets, and transaction archives, specifically formatted to meet the strict reporting standards of the Moroccan Central Bank.

  • Escrow and Safeguarding Management : Tools to manage and track safeguarded client funds, critical for meeting licensing obligations.

  • Simplified Reconciliation : Automated matching of transactions, settlements, and bank statements, drastically reducing operational overhead.