Effective cash management is one of the cornerstones of healthy financial planning for businesses of all sizes. It makes the most of your excess company cash by minimising risk through diversification and streamlining business processes as well as potentially enhancing your interest income.
Thousands of UK SMEs are sitting on excess cash deposits, and more than half are earning less than 0.10% on their cash in the bank. If your business is sitting on cash balances and earning very low returns, we can offer access to a service that will make your cash work harder for you.
We can refer you to a secure, state-of-the-art online deposit solution chosen by some of the UK’s largest FTSE 100 companies. Providing access to more than 500 market-leading instant access, term and notice deposit rates from over 35 banks, this portal also offers optimum FSCS protection and risk mitigation through diversification across multiple providers.
Instantly Improve Cash Flow
Designed to cater to both corporations and SMEs, this solution’s inbuilt functionality means you can:
- Manage account selection using the in-built financial strength analysis of every bank
- Spread funds across banks to minimise risk
- Achieve key financial and business goals in both the short- and long-term
- Save time, admin and stress by having all of your cash and multiple accounts accessible through a single portal
- Make informed business choices without the need for additional paperwork
This revolutionary cash management solution allows you to control exactly where you want your cash and how you want it deposited. For more information on how to use our cash management solution to optimise your business processes, improve administration and minimise risk, contact our team today.