Unlocking Hidden Value in Corporate Cash Reserves

Maintaining good business bank relationships can unlock hidden value in corporate cash

No business becomes successful without key relationships. That includes relationships with investors as well as with your banking partners.

However, every business still needs to ensure business transactions are commercial and make sense financially and commercially. Too often, companies end up feeling beholden to a specific banking partner for various reasons, and that may end up being uncompetitive. Almost like being in business with a loan shark.

So when, for example, the business has surplus cash and does not compare other offers, then they may lose out on up to 2% rates and lots of interest income. 

The best way of balancing the strategically important bank relationship with the operational necessity of being competitive and saving on process and manual interactions is to use a marketplace where you could seamlessly get competitive quotes on cash funds and you get to keep your main bank honest and ensure pricing tension with other banks. This is one of the easiest ways of unlocking hidden value in corporate cash.

Using a Deposit Marketplace can help expose your organization to potential new banks and includes risk and compliance functions that growing businesses should adopt.

There are various issues to consider, including

1. How to maintain bank relationships?

2. How to manage bank relationships?