South Africa
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Case study: Managing cash flow in the business

A construction client was looking to maximise cash flow. They needed solutions that would help to manage the business strategically through improved systems and processes.

Challenges

  • Our client wanted to maintain a healthy cash flow, but required the right solutions to accurately manage this cash flow
  • Should any unexpected expenses arise, our client wanted to have cash reserves in place
  • A number of casual employees required payment during the course of the project and our client required a convenient solution to pay wages
  • The business needed to collect money from customers sooner, but manual collection processes were slowing them down

Solutions

  • Our payment solutions gave the client the ability to make bulk and same-day payments to creditors
  • Our Foreign Exchange specialists were able to assist with all cross-border payment requirements
  • We provided more convenient solutions through our PayCard and Instant Money products, which removed the need to withdraw cash
  • Our business investment solutions helped our client to improve cash flow and liquidity management with medium- and long-term deposit solutions
  • We provided our client with a simple and convenient means to submit tax forms via Interfile and make tax payments electronically through SARS eFiling