Panax Tech
About Panax Tech
Panax Tech Ltd develops AI-driven treasury management tools that provide real-time cash visibility and automate transaction categorization for finance teams. The platform addresses challenges in managing cash flow across multiple accounts and currencies, enhancing liquidity optimization and reducing manual errors.
```xml <problem> Growing companies face challenges in treasury management, including managing multiple accounts across various banks, currencies, and geographies. These complexities can lead to difficulties in gaining real-time cash visibility, optimizing liquidity, and increasing working capital needs. </problem> <solution> Panax Tech provides an AI-driven treasury management platform that streamlines operations, controls cash flow, and optimizes liquidity for finance teams. The platform connects with over 10,000 banks, ERPs, and cash platforms to provide real-time visibility into all accounts and data without requiring IT support. By leveraging AI algorithms, Panax automates transaction categorization, improves cash flow forecasts, and proactively surfaces important trends and insights. This enables finance teams to gain control, mitigate risks, optimize capital efficiency, and maximize productivity. </solution> <features> - Real-time cash visibility across multiple accounts, banks, and currencies - AI-driven transaction categorization and cash flow forecasting - Automated alerts and proactive reporting on key cash flow trends - Integration with over 10,000 banks, ERPs, and cash platforms - Enterprise-level data security with robust authentication and encryption - Customizable dashboards for monitoring key performance indicators (KPIs) </features> <target_audience> Panax Tech targets lean finance teams within growing companies that require efficient cash management and liquidity optimization. </target_audience> ```
What does Panax Tech do?
Panax Tech Ltd develops AI-driven treasury management tools that provide real-time cash visibility and automate transaction categorization for finance teams. The platform addresses challenges in managing cash flow across multiple accounts and currencies, enhancing liquidity optimization and reducing manual errors.
Where is Panax Tech located?
Panax Tech is based in East New York, United Kingdom.
When was Panax Tech founded?
Panax Tech was founded in 2022.
How much funding has Panax Tech raised?
Panax Tech has raised 15490000.
Who founded Panax Tech?
Panax Tech was founded by Noam Mills.
- Noam Mills - CEO
- Location
- East New York, United Kingdom
- Founded
- 2022
- Funding
- 15490000
- Employees
- 47 employees
- Major Investors
- Team8