Most organizations use cash forecasting and liquidity analysis tools, but typical process ends with cash in the bank, giving up significant benefit from optimizing cash at bank.

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Cash management systems enables businesses to streamline cash flow, enhance visibility and is essential for all business. However, many businesses inadvertently lose interest—literally—by failing to optimize their cash management strategies and to ensure that cash is working hard as possible. That's what's lacking from cash management processes in most companies.

Too many organizations are earning 0% or minimal rates on their own cash whereas they should be earning in the range of 3->5%.But what many will experience, is that banks do not typically display their commercial cash rates primarily because each customer or tier of customer will receive different rate option.See how much you are losing with our interest and benefit calculator

While comparing bank accounts might seem daunting and tedious, it is an essential part of prudent business cash management and working capital management.

By actively comparing rates, you can ensure that your business remains competitive and maintains favourable relationships with financial institutions. Failing to do so could make your company appear less sophisticated in the eyes of stakeholders and banks alike, potentially impacting your ability to secure loans or favourable terms in the future.

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Relying exclusively on a single bank account can expose your business to various risks. For instance, issues with your bank can leave companies scrambling for solutions when access to funds becomes restricted. Additionally, regulatory actions can affect your accounts without warning, leading to frozen or attached funds

innovative SaaS solutions have revolutionized cash management, from cash conversion cycles to liquidity optimization, these platforms empower businesses to streamline operations. Likwidity takes the current process and enhances the yield and return on cash delivering fast and significant ROI for businesses.

By enhancing idle cash, organisation are able to deliver unplanned income stream from the enhanced interest income. When combined with other techniques such as cash sweeping and pooling, businesses can materially improve net income whilst utilising sophisticated tools.

Treasury management systems streamline cash flow, enhance liquidity, and optimize financial operations. Techniques like cash forecasting and liquidity analysis aid organizations in efficient fund allocation. Treasury optimization solutions improve investment returns while risk management strategies safeguard against market volatility

In today's rapidly evolving financial landscape, the rise of cutting-edge technologies is reshaping banking experiences for customers and financial institutions alike. One such groundbreaking innovation poised to revolutionize the way we handle deposits is the Next-Gen Deposit Optimization System. This system represents a significant leap forward in efficiency, accuracy, and customer-centricity, promising to streamline processes and enhance user experience significantly.

Understanding the Next-Gen Deposit Optimization System

At its core, the Next-Gen Deposit Optimization System leverages advanced algorithms and data analytics to optimize deposit processes for multi-banked and multi-currency corporates to retain competitive pricing and ultimately better relationships.

By automating and enhancing the management of deposits, this system minimizes human error, improves operational efficiency, and fosters a more seamless transaction experience for both customers and banking personnel. Gone are the days of manual data entry and cumbersome workflows and moving to a new era of enhanced productivity and precision.

Key Features and Benefits

1. Data Accuracy and Integrity

By harnessing the power of advanced technologies, the Next-Gen Deposit Optimization System ensures unparalleled accuracy in processing deposits. With real-time validation and error detection capabilities, discrepancies are swiftly identified and rectified, minimizing risks and improving data integrity.

2. Enhanced Security Measures

In an era where cybersecurity threats loom large, safeguarding sensitive financial data is paramount. This system integrates robust security measures to protect confidential information, fortifying the deposit process against potential breaches and unauthorized access.

4. Streamlined Workflow Automation

Say goodbye to tedious manual tasks and hello to streamlined automation. This system automates repetitive processes, freeing up valuable time for banking professionals to focus on more strategic initiatives, fostering a more efficient and agile operational framework.

Embracing the Future of Banking

Next-Gen Deposit Optimization System emerges as a beacon of innovation and progress. Its seamless integration of cutting-edge technologies promises to shape the future of banking, paving the way for enhanced operational capabilities, improved customer interactions, and sustainable growth. By harnessing the power of data-driven insights and automation, the Next-Gen Deposit Optimization System heralds a new era of banking excellence.

In conclusion, the Next-Gen Deposit Optimization System represents a transformative leap forward in banking technology, offering unparalleled benefits for banks, customers, and the industry at large. With its focus on efficiency, security, and customer-centricity, this system epitomizes the next frontier in deposit optimization, setting a new standard for banking excellence in the digital age.

Let us embrace this evolution and witness firsthand the remarkable shifts unfolding in the world of banking, driven by the innovative spirit of the Next-Gen Deposit Optimization System.

Remember, the future of banking is now, and it's more exciting than ever before.

"Get the cash in the bank" is the refrain and key objective for working capital processes and teams. Get inventory turnover high, reduce AR days and tweak AP days. Well, done team!!

But wait, the job is not over. Sitting back now is like Usain Bolt stopping at 90 meters and not getting the gold. Like most things in life, the last 10% is the sweet spot and that's why its way overdue to possible relook at where the effort and reward for Cash Conversion Cycle should sit.

It's possible that in some organizations, the management of cash is not in the remit of working capital. But what happens when cash proceeds are passively left in the transactional bank account (and that happens very very often), the opportunity cost and loss of interest income gives away any competitive advantage you may have attained.

Let's look at a practical and real example. In the example below, if Acme had simply left their cash proceeds with a bank offering the median rate, the opportunity cost (or lost interest income) can be seen in the illustrative example below.

The optimization of cash is a key function but often neglected due to manual processes and it's time to have the metric on cash optimization as tangible and part of KRA so as not to let the team down.

Cash forecasting is an essential activity for most businesses and the result of the forecasting enables them to identify surplus cash for investment purposes. This is when the cash surpluses can be optimally invested with multi-bank price discovery Request for Proposal, thereby achieving highest rates and yield on cash.

Likwidity has an API first design philsophy witn a focus on integratying into the common business tools. Existing integrations include Kyriba.

Likwidity has an API first design philsophy witn a focus on integratying into the common business tools. Existing integrations include Kyriba.

Likwidity has an API first design philsophy witn a focus on integratying into the common business tools. Existing integrations include Kyriba.

Bank deposits is vital to any economy, and customers must recognise the power they have. Better rate negotiation is just  a click away

Likwidity has an API first design philsophy witn a focus on integratying into the common business tools. Existing integrations include Kyriba.

Customers may not appreciate how fundamentally important their deposits are for the banks. Without customer deposits. banks would not exist. By way of example, in the USA, Small Banks depend on deposits for between 80-90% of funding (mainly businesses), Medium Sized Banks are between 70-80% (with businesses again about half of that) and for large banks, it is still high at between 50-60% (with business again being about half)So customers have  the power and its time to level the playing field-