Enhancing Corporate Cash Management with Aspire Yield

The role of Aspire Yield in corporate treasury management

Most corporates segment their cash into different purposes, including:

• Operational cash for daily transactions
  
• Liquidity buffers for short-term obligations
  
• Surplus cash not immediately required for operations
  

Aspire Yield is intended for the management of surplus cash balances that fall outside immediate operational needs. It complements, rather than replaces, existing cash management accounts and treasury processes.

By enabling clearer segmentation of cash, treasurers can maintain operational liquidity while adopting a more disciplined approach to yield optimisation.

Key benefits for corporate treasurers

Structured management of surplus cash

Aspire Yield allows treasurers to allocate surplus funds in a deliberate and controlled manner. This can be particularly relevant for companies with predictable cash cycles, deferred expenditure, or temporary excess liquidity arising from business activities.

Alignment with treasury governance frameworks

Corporate treasury functions typically operate under board-approved investment or treasury policies that prioritise:

• Capital preservation
  
• Liquidity management
  
• Transparency and auditability
  

Aspire Yield supports these objectives by offering a clearly defined structure that can be assessed against internal policy requirements and risk parameters.

Operational simplicity

Designed for efficiency, Aspire Yield enables treasurers to manage yield-seeking balances without introducing unnecessary operational complexity. This is especially valuable for finance teams seeking scalable solutions that integrate smoothly into existing workflows.

Comparing common short-term cash management options

Corporate treasurers typically evaluate several instruments when managing short-term surplus cash. The table below provides a high-level comparison of Money Market Funds and Fixed Deposits, two commonly used options.

[Table:1]

Illustrative case study (for illustration only)

Company Profile A Singapore-based mid-sized services company with regional operations manages monthly cash inflows from clients while incurring predictable operating expenses such as payroll, rent, and vendor payments.

Treasury Challenge The company maintains a cash buffer to meet near-term obligations, resulting in surplus balances that are not immediately required. These balances were historically held in low-yield operating accounts due to liquidity concerns and policy constraints.

Use of Aspire Yield The treasury team segmented its cash into:

• Transactional cash for daily operations
  
• A liquidity reserve for short-term commitments
  
• Surplus cash allocated to Aspire Yield
  

By doing so, the company was able to adopt a more structured approach to surplus cash management while retaining visibility and control over its funds.

Outcome The treasury function improved internal cash allocation discipline and was better able to demonstrate to management how surplus balances were being actively managed within the company’s governance framework.

This example is for illustrative purposes only and does not represent actual performance outcomes or guarantees.

Supporting better treasury outcomes

In today’s environment, corporate treasurers are increasingly expected to demonstrate prudent cash stewardship. Aspire Yield provides a practical tool for treasurers seeking to enhance how surplus cash is managed, without compromising liquidity or governance standards.

By integrating Aspire Yield into their broader treasury strategy, corporates can take a more intentional approach to cash management—ensuring that surplus funds are managed in a way that is consistent with business needs and internal policies.

Important information

Aspire Yield is intended for business users only. It is not a bank deposit and is subject to applicable terms and conditions. Returns are not guaranteed and may vary. Businesses should assess suitability based on their own financial circumstances, risk appetite, and treasury policies, and seek independent professional advice where appropriate.

This advertisement has not been reviewed by the Monetary Authority of Singapore. The information in this article is intended for general circulation and/or discussion purposes only, and shall not be regarded as an offer, recommendation, solicitation or advice to buy or sell units in any collective investment scheme.

Nothing in this article constitutes legal, regulatory, tax, financial or other advice and does not take into account the specific investment objectives, financial situation or particular needs of any particular business. If in doubt, you should consult your own professional advisers about issues discussed herein. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for your business.