Workforce management platform Rippling and fintech infrastructure leader Apex Fintech Solutions have announced a strategic collaboration to launch an integrated treasury management product that allows businesses to optimize excess operational cash directly from their unified HR, IT, and finance systems. Through the union of Rippling and Apex, the solution created is able to give corporate financial officers the ability to move idle cash balances to short-dated high yielding treasuries in a seamless manner while staying on their main operational dashboard.
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The integrated offering is native, and because of this it does away with the need for manual bank transfers, cuts the administrative expenses and gives corporate liquidity and yield results at hand. Expressing enthusiasm for the partnership’s market impact, Dustin Kirkland, Chief Product Officer at Apex Fintech Solutions, added: “Apex was built to power frictionless financial experiences through open, scalable technology. Our collaboration with Rippling extends our institutional custody and clearing engine into the corporate operations workflow, enabling growing businesses to access yield-generating treasury tools that were historically reserved for large enterprises.”
