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Cashforce - the bridge between treasury and business departments - raises funding

Cashforce, the working capital management platform supplier, have announced a €1 million Series A funding round led by Volta Ventures, marking the fund’s fourth investment of 2015 to support the roll out of their Cashforce platform in Europe. 

The focus of the Cashforce platform is to improve the overall working capital of a company by focusing on all four elements of working capital optimisation as the screenshot of their dashboard shows:

Source & Copyright©2015 - Cashforce

CTMfile take: How effectively a platform brings together all the information in the ERPs around the group to provide the complete picture of a group’s overall working capital is the key differentiator between the platforms. Taking a free trial from Cashforce, a leading supplier in this space, could be useful investment for many companies.

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