Company Research Report: Satago Financial Solutions Limited
Company Overview
- Name: Satago Financial Solutions Limited
- Mission: Satago aims to take the stress, time, and complexity out of cash flow management for businesses, enabling them to avoid credit risks, improve debtor management, and access invoice finance when needed. Satago’s mission emphasizes helping businesses focus on their core competencies by effectively managing cash flow.
- Founded: 2013
- Founder(s): No information is available
- Key People:
- CEO: Sinead McHale
- Strategic Partnerships Manager: Tom Stapley
- Headquarters: 88 Kingsway, London, WC2B 6AA
- Number of Employees: No information is available
- Revenue: No information is available
- What the Company is Known For: Satago is renowned for providing an integrated platform that manages cash flow through credit control automation, real-time risk insights, and flexible invoice financing solutions.
Products
1. Satago for Business
- Description: An end-to-end solution designed to help manage business cash flow by providing access to flexible financing and smart credit control.
- Key Features:
- Invoice Financing
- Credit Control
- Risk Insights
2. Satago for Accountants
- Description: This product helps accountants offer services to clients by automating credit control, providing greater insights, and offering flexible funding.
- Key Features:
- Real-time client credit checks
- Automated payment reminders and messaging
3. Satago for Brokers
- Description: Focuses on providing a flexible finance solution with fast approvals and drawdown times to benefit clients of brokers.
- Key Features:
- Fully digital solution
- Real-time data processing
4. Satago for Partners
- Description: Allows partners to offer bespoke packages of cash flow management tools tailored to client needs.
- Key Features:
- Modular approach to cash flow management
- Compatible with existing systems
Solutions
1. Invoice Finance
- Description: A solution offering straightforward funding for businesses needing flexible finance.
- Key Features:
- Up to 90% advance rates
- Fast approval process
- Clear and transparent pricing
2. Credit Control
- Description: Automates invoice reminders and communications to help businesses get paid faster.
- Key Features:
- Customizable messaging and sending schedules
- Integration with major accounting software
3. Risk Insights
- Description: Provides tools to evaluate risk levels in real-time for new and existing customers.
- Key Features:
- Real-time credit checks
- Customer risk assessment and insights
Recent Developments
- New Products Launched:
- UK's first embedded Invoice Finance solution launched in 2023.
- New Features Added to Existing Products:
- Integration with over 300+ accounting software packages.
- New Partnerships:
- Partnership with mmob to simplify and speed up embedded finance propositions.
- Joined the NayaOne's Technology Marketplace to enhance accessibility to financial institutions.
Additional Information and Activities
- Satago launched its Polish Tech Hub in 2019.
- Partnerships with major players like Sage and a Tier 1 UK bank were established in 2020 and 2021, respectively, to enhance product offerings.
- Known for its seamless integrations and modular approach to solving cash flow management challenges.
“Satago has taken our ability to help clients manage and forecast their cash flow more accurately and obtain finance at the right time to a new level” — Mark Telford, Telford Chartered Accountants
Contact Information
- Contact Email: Hello@satago.com
- Phone Number: No information is available
_Satago continues to push boundaries in cash flow management solutions with its comprehensive platform, aiming to transform how businesses manage their finances._
