GSCF Unveils Next-Generation Working Capital Management Solution with Connected Capital
On November 22, 2024, GSCF, a global leader in working capital solutions, announced the launch of its advanced cloud-enabled liquidity management platform, known as Connected Capital. This groundbreaking platform is designed to create a financial ecosystem that seamlessly integrates alternative funding sources with bank financing, addressing the needs of businesses across various sectors.
The Connected Capital platform emerges from GSCF's commitment to optimizing financial operations and accelerating growth for its users. Built on a completely modernized technology stack, it allows companies and their financial partners to manage the entire working capital cycle efficiently. With an increasing number of businesses seeking to supplement their core banking financing with access to alternative capital, the platform caters to a diverse client base, including corporations with investment-grade ratings and mid-sized firms operating in riskier regions or industries.
GSCF's connectivity initiative was made possible through a multi-year development program that focused on modernizing and consolidating its service and financing capabilities. The migration of their currently supported working capital programs, which represent an impressive annual financing volume of approximately $60 billion, has now been successfully transferred to the new Connected Capital platform. The key features of this platform include:
- - Comprehensive Risk Coverage: A unified platform that addresses a wide array of risks, combining the flexibility of alternative capital solutions with the efficiency of bank financing.
- - Tailored Growth Solutions: Collaborating with companies to develop customized working capital programs specifically catered to their unique needs.
- - Actionable Insights: A powerful data warehouse that supports advanced analytics tools, enhancing decision-making processes related to working capital and providing real-time performance insights.
- - Expertly Managed Services: Experienced professionals who can navigate complex program requirements, enhancing efficiency through automated workflows and optimized processes.
Doug Morgan, CEO of GSCF, emphasized the importance of their cloud-enabled platform, stating, "By leveraging our platform and deep industry knowledge, we empower businesses to unlock the full potential of their working capital strategies. Our cutting-edge solution offers a seamless and efficient path to tailor financing according to specific needs, allowing our clients to focus on their core operations while accessing the capital necessary for their expansions."
This significant investment in technology highlights GSCF's dedication to expanding its Working Capital as a Service (WCaaS) offerings, facilitating real-time liquidity provision in a manner that promotes sustainable growth. Additionally, GSCF aims to meet the funding needs of underserved sectors, including mid-sized businesses that currently lack access to capital sources aligned with their unique risk profiles.
About GSCF
GSCF stands as the worldwide leader in working capital solutions, enabling businesses and their financing partners to expedite growth, release liquidity, and manage the risks associated with the entire working capital cycle. Its innovative Working Capital as a Service model combines an end-to-end technology platform with expert-managed services and alternative capital solutions. With teams of working capital specialists operating in over 75 countries, GSCF provides a truly global and holistic perspective to address efficiency challenges in working capital management. For more information, visit
www.gscf.com.
Contact
For further inquiries, contact:
Natalie Silverman
Marketing Officer at GSCF
Email: [email protected]
Phone: (609) 577-5083