In a recent development, LSQ, a prominent provider of working capital finance and payments solutions, has entered into a partnership with Calculum, a recognized player in the field of financial artificial intelligence (AI) and data-analytics services. The joint effort aims to combine LSQ’s expertise in working capital and Supply Chain Finance solutions with Calculum’s data analytics services and technical capabilities. This collaboration comes at a time when traditional financial practices are evolving due to changing economic conditions, such as the end of the era of easily accessible funds and the presence of rising interest rates. Consequently, companies are exploring alternative methods to improve their free cash flow.
The strategic alliance between LSQ and Calculum focuses on streamlining and consolidating spend and supplier analytics to identify opportunities for optimizing payment terms. Additionally, it offers financing and risk mitigation solutions for both domestic and cross-border trade. The primary objective is to enhance the analysis and distribution of relevant data. As part of this endeavor, LSQ is leveraging Calculum’s web-based Ada® platform, which provides data analytics and AI-driven tools. These tools enable clients to compare their performance with industry peers and to negotiate and optimize more favorable payment terms.
Brittany Hooper, Director of Strategic Partnerships at LSQ, emphasized the common goal shared by LSQ and Calculum. She stated, “LSQ and Calculum share a common goal: to ensure the stability and enhance the efficiency of our clients’ financial supply chains while unlocking the value of their payment terms. The collaboration helps us further our vision and expertise in financial supply chains and offer additional insights and tools for our corporate clients to unlock working capital and improve margins.”
Pedro Rojas, VP of Global Sales at Calculum, views this partnership as a crucial step in equipping companies with the tools necessary to enhance efficiency, maximize working capital, and succeed in today’s intricate, technology-driven supply chains. He remarked, “The combination of Calculum and LSQ is exponential in its impact, and we are excited to bring this to market. Calculum brings the data insights via AI analytics and LSQ the execution platform and liquidity options.”
The solutions offered by Calculum and LSQ are designed to optimize invoice and working capital management. These financial solutions and services enable organizations to gain visibility throughout the entire process, from source to payment. This increased visibility helps improve supplier relationships and allows businesses to achieve a rapid return on investment.
About Calculum Inc.: Calculum Inc. is a fintech data-as-a-service (DaaS) company that leverages advanced analytics and artificial intelligence (AI) to assist companies in enhancing their financial supply chains. Their ADA platform allows organizations to assess their standing compared to competitors, analyze supplier data related to payment terms, financials, sustainability, environmental and social governance (ESG), and provides valuable insights for negotiations. Calculum offers its financial supply chain solutions to companies of all sizes, including banks, private equity institutions, and their corporate clients worldwide. For more information, please visit: www.calculum.ai.
About LSQ | lsq.com: LSQ is a leading player and a pioneer in working capital finance and payments solutions. With over 25 years of experience, LSQ employs innovative technology, credit and risk expertise, and proprietary data to empower businesses to optimize their working capital, automate payments, manage collections, and mitigate risks. LSQ accelerates billions of dollars in payments to businesses and their suppliers through their LSQ FastTrack platform, aiding them in obtaining the funds necessary for growth. LSQ is headquartered in Orlando, Florida. Learn more at www.lsq.com.
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