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One of the most overlooked functions in most organisations is how surplus short-term cash (Call and Term/Time Deposits) is invested. In many organisations, the placing of funds is mostly manual, (email, phone, search), and often-times has limited oversight, resulting in millions in lost interest and yield.
Too often, surplus cash is simply left with the transactional bank earning no-interest !
The other scenario, is that this function is outsourced to external parties with limited transparency or auditability.
Our easy to deploy SaaS/PaaS service will quickly and efficiently deliver better optimal interest rates, visibility, process improvement and governance and ultimately a better yield.
In fact, this has been recognised by a Big4 professional firm and we became of a member of their scale up programme having undergone a comprehensive due-diligence.
Too often, surplus cash is simply left with the transactional bank earning no-interest !
The other scenario, is that this function is outsourced to external parties with limited transparency or auditability.
Our easy to deploy SaaS/PaaS service will quickly and efficiently deliver better optimal interest rates, visibility, process improvement and governance and ultimately a better yield.
In fact, this has been recognised by a Big4 professional firm and we became of a member of their scale up programme having undergone a comprehensive due-diligence.
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Linley Scorgie
Founder: Kuerate-Privacy focused professional network
Founder of Likwidity, Enterprise Cash Optimization
Founder: NetTreasury (cloud treasury) >$100bn
Valuation
$6M
Funded over
2 rounds
Latest round
Seed (Jul 2020)
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