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That’s also why they flip to Agicap to centralize cash-associated facts and forecast long run cash positions. The Lyon-based startup just raised a Collection C funding spherical of €45 million (close to $forty eight million at present exchange costs) from one Trader, AVP, the VC company Formerly often known as Axa Undertaking Partners.
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Evidence of the lies in a current analyze Agicap did with 500 European CFOs of midmarket corporations. When asked about the Device of selection to deal with and forecast their cash positions, 80% of them answered Excel.
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