Ocean Bottle is a UK-based company on a mission to stop plastic from flowing into our oceans. Co-CEO and Co-Founder Nick Doman, along with Finance Director Lisa Hayes, share their journey and the pivotal role Agicap has played in transforming their financial operations in this short testimonial.
Ocean Bottle is dedicated to making a global impact by collecting plastic waste in regions like Indonesia, the Philippines, India, Kenya, Egypt, Ghana, and Brazil. With significant stock requirements spread across China, Europe, the UK, and the US, managing cash flow is critical for their operations.
Lisa Hayes, responsible for cash flow forecasting and working capital management, explains the challenges they faced before adopting Agicap. Previously reliant on manual spreadsheets, the process was slow and often inaccurate, making it difficult to get a clear financial picture.
However, with Agicap's bespoke cash management tool, integrated with systems like Xero and their banking platform, Lisa now has full confidence in the accuracy and timeliness of their financial data.
Agicap has enabled Ocean Bottle to perform detailed cash flow forecasts and scenario planning, providing transparency and real-time information through clear, concise dashboards.
This has empowered CEO Nick Doman with a comprehensive overview of their cash position, allowing for informed high ROI investment decisions and accelerated growth.
Discover how Agicap has given Ocean Bottle a competitive edge in today's cash-strapped environment, enabling them to utilise their cash position effectively and drive their mission forward.
23 авг 2024