Founder
Cobase
Cobase provides a multibank platform that integrates with cloud-based ERP systems, allowing businesses to manage payments and receive bank statements from multiple banks in one interface. This solution enhances financial operations by streamlining payment processes, cash forecasting, and in-house banking, reducing administrative burdens and improving efficiency.
- Enterprise Software
- Financial Technology
- Software Only
Updated 23 months ago
Funding
Raised to date
$11.4MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Many corporate treasury departments struggle with the complexity of managing multiple banking relationships and the fragmented workflows associated with various bank portals. This often leads to inefficiencies in payment processing, reconciliation, and cash visibility, hindering effective treasury management.
Solution
Cobase offers a multibank connectivity platform that centralizes access to various banking services through a single interface. The platform integrates with cloud-based ERP systems, enabling businesses to streamline payment initiation, retrieve electronic bank statements, and manage cash positions across multiple banks. By consolidating these functions, Cobase reduces the administrative burden on treasury teams, improves operational efficiency, and provides a consolidated view of global cash flow. The platform also offers treasury modules that support FX dealing, hedging, cash forecasting, and in-house banking.
Target Audience
The primary target audience includes corporate treasury departments, finance professionals, and multinational corporations seeking to streamline their banking operations and improve cash visibility.
Features
- Secure bank connectivity module for sending payment files and receiving electronic bank statements
- Customizable financial dashboards for managing payments across multiple banks
- Treasury modules for foreign exchange trading, hedging, cash and liquidity forecasting, and in-house banking
- Seamless integration with cloud-based ERP systems
- Automated transaction screening
- Support for cash pooling
- User-friendly interface with customizable workflows