New partnership will help improve liquidity and build resilient, sustainable, and diverse supply chains using artificial intelligence and trade finance solutions.
MIAMI and ORLANDO, Fla., Jan. 10, 2023 /PRNewswire/ -- LSQ, a leading provider of working capital finance and payments solutions, and Calculum, an industry leader in financial artificial intelligence (AI) and data-analytics services, today announced an agreement to collaborate and combine LSQ working capital and Supply Chain Finance solutions with Calculum's data analytics services as well as their technical expertise. With the era of free money fading into history and rising interest rates it is the perfect time for corporates to look at different ways to improve free cash flow.
The strategic partnership between LSQ and Calculum streamlines and combines spend and supplier analytics to identify opportunities to optimize payment terms while offering financing and risk mitigation solutions for domestic and cross-border trade, focusing on improving the analysis and distribution of such data. As part of this initiative, LSQ is leveraging Calculum's web-based Ada® platform to provide data analytics and AI to help clients compare themselves with their peers, as well as negotiate and optimize better payment terms.
"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," said Brittany Hooper, Director of Strategic Partnerships at LSQ. "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, sees the partnership as a vital step in providing tools for companies to maximize efficiency, maximize working capital and succeed in today's complex, technology-driven supply chains.
"The combination of Calculum and LSQ is exponential in its impact, and we are excited to bring this to market," Rojas said. "Calculum brings the data insights via AI analytics and LSQ the execution platform and liquidity options."
Calculum and LSQ's solutions are designed to optimize invoice and working capital management. With these financial solutions and services, it is now possible to gain visibility throughout the entire process from source to payment, improve supplier relationships and achieve a rapid return on investment.
About Calculum Inc.
Calculum is a fintech data-as-a-service (DaaS) company, leveraging advanced analytics and artificial intelligence (AI) based systems to help companies improve their financial supply chains. Calculum's ADA platform allows organizations to compare themselves with their competitors, analyze all their suppliers in terms of payment terms, financials, sustainability, environmental and social governance (ESG), and seize all the necessary arguments to negotiate more favorable terms. Calculum provides its financial supply chain solutions to companies of all sizes, including banks and private equity institutions and their corporate clients globally. For more information, please visit: www.calculum.ai.
About LSQ | lsq.com
LSQ is a market leader and pioneer in working capital finance and payments solutions. For more than 25 years, LSQ has leveraged innovative technology, credit and risk expertise, and proprietary data that empowers thousands of businesses to optimize their working capital, automate and accelerate payments, manage collections, and mitigate risk. Every year, we accelerate billions of dollars in payments to businesses and their suppliers through our LSQ FastTrack platform to help them obtain the funds they need to grow and thrive. LSQ is headquartered in Orlando, Florida. Learn more at www.lsq.com.
SOURCE LSQ Funding
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