With the tax year end nearly upon us, many businesses are scrambling to comply with their Supplier Development (SD) objectives and scorecard goals.
2017 was an incredibly tough year in the South African economy and many businesses are coming up short when it comes to SD spend.
One of the easiest points to secure is to engage a licensed black-owned asset management business offering Money Market or cash management solutions. Some of the benefits of this include:
- Diversifying your supplier base in the financial services sector
- Using cash in your business without incurring cash “spend” (Apart from basic administration fees)
- Generating an investment return on your cash in your business
- Cash is accessible for business needs
If you would like more information on this, please complete the form below and one of our network will be in contact.