Zeni Expands Platform With Automated Treasury Management Solution
Zeni said that Zeni Treasury, an AI-powered cash management tool for startups and growing businesses, is now available. The new solution is for businesses that want to get more money from money that isn’t being used while still being able to access it right away and have operational flexibility.
The company markets Zeni Treasury as a better option than traditional business savings accounts, which have low interest rates and strict rules. It works with Zeni’s current AI bookkeeping and financial management system to give you a complete picture of your finances.
Source: Global Fintech Series
Businesses Gain High-Yield Access Without Traditional Banking Restrictions
Zeni Treasury lets businesses make competitive, market-leading returns on cash reserves that they don’t invest. There are no minimum balances, no lockup periods, and you can take money out whenever you want.
These features let businesses use extra money wisely while still being able to quickly respond to costs. Zeni stressed that being able to quickly adapt to changes in the market is still very important for keeping a business running in the long term.
Founders Stress the Need to Put Unused Business Capital to Use
Snehal Shinde, a cofounder of Zeni, said that business funds that are sitting around are missed chances for growth and financial efficiency. He said that Zeni Treasury was made to get the most out of investments without making things more complicated or putting liquidity at risk.
Shinde said that businesses often stay away from treasury products because they are hard to manage and take a long time to get money. Zeni Treasury wants to get rid of these worries by automating and directly integrating them into daily financial workflows.
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Platform Adds Security by Allowing Regulated Money Market Investments
For compliance reasons, funds deposited into Zeni Treasury are invested through Atomic Invest LLC, a partner that is registered with the SEC. The platform usually puts money into a variety of money market instruments, such as high-grade commercial paper and US Treasuries.
This method puts protecting capital first while keeping yield performance stable under low-risk conditions. Zeni said that safety, following the rules, and being open are still important design principles for the treasury system.
Unified Dashboard Simplifies Tracking and Reconciliation Processes
The company’s AI-powered financial dashboard lets you keep an eye on all of your Zeni Treasury accounts in one place. On one platform, businesses can keep an eye on their checking account balances, credit card transactions, bookkeeping data, and treasury performance.
Zeni’s automated reconciliation tools quickly sort transactions into groups to help with accurate reporting and quick tax preparation. This gets rid of the need for manual accounting work and lowers the chance of making mistakes when reconciling multiple financial systems.
Treasury Product Reduces Dependency on Multiple Financial Providers
Zeni made the treasury feature so that people don’t have to have separate banking and financial management relationships as much. Companies can handle their savings, payments, bookkeeping, and investments all in one technology environment.
This merger makes it easier for finance teams and founders to keep an eye on compliance and make decisions about how to run their businesses. Zeni said that the platform would be a long-term infrastructure layer for the financial operations of startups.
Company Continues Expanding AI-Driven Financial Ecosystem
Zeni said that Treasury is another step toward fully automated financial services for businesses today. Before, the company worked on automating bookkeeping and keeping track of expenses for new businesses.
Zeni says that its AI systems can save businesses up to 70 hours a month and make financial data more accurate. The treasury launch adds this automation to the processes of managing capital and deciding how to invest it.
New customers can open Zeni Treasury accounts in just a few minutes without having to send in any paperwork. Customers who already have an account can turn on treasury features right from their current dashboards without having to go through any extra steps.
