Follow the Data, Find $1Million
Pathway to Recovery® Series
If information is power, data is the key to unlocking that power. Having access to accurate tools that can gather precise data together all in one place is vitally important. Equally important is having the ability to translate that data into reliable action plans. In uncertain times like these, having those tools at your disposal is critical as you chart a pathway to recovery.
It’s sort of like having a compass, a map, and a GPS locator in your backpack. Should you ever find yourself lost in the woods, those are the critical tools you will need. For municipalities and other public institutions who are trying to navigate today’s financial uncertainty, three+one® has the critical and valuable tools you need. You can never be “lost” if you know precisely where you are and in which direction you should be heading.
three+one® provides public entities just what they need to make sound, information-based financial decisions about their current, as well as their future, liquidity. Questions that CFOs often ask themselves, such as “How much cash will I need to have available, 6 months or even 12 months from now?” and “Should I be leaving all my municipality’s cash in money-market accounts, or can I put it to work earning higher interest in CDs?” are answered with confidence and conviction when you have three+one®’s tools and team of dedicated professionals at your side.
One of our clients recently saved over $1 million by trusting our data. As the pandemic struck and revenue streams became fragile and uncertain, they were considering the option of moving all of their cash into low- or no-interest accounts in order to meet future spending needs. But having access to our cashvest® technology and our highly accurate MC Forecast® projections gave them the confidence they needed to follow their existing investment policy and to preserve and maintain their fixed-income portfolio. As a result, they earned $1 million more in 2020 than they would have, had they not relied on three+one®’s data.
We all seek certainty and predictability. When uncertainty and apprehension strikes—as it has over the past 12 months—we look for a clear roadmap to help us chart the best course moving forward. One sure way to do that is to trust in—and follow—the data. Because just like having GPS, a map, and a compass, three+one® can help you see precisely where you are, and exactly which direction you need to head in order to come out safely on the other side.
Why not give us a call and see why the National Association of Counties (NACo) as well as numerous statewide municipal associations all across the U.S. have endorsed three+one®? It’s risk-free, too, because if we can’t help your municipality or public institution develop increased earnings and/or find cost-savings that equal or exceed our modest annual fee, you will not be billed for our services.
You won’t find a better roadmap than that.
Financial tools from three+one include cashvest®, MC Forecast®, rfpPrep®, and direct client access to our team of liquidity and cash-management professionals. When combined, these powerful tools provide public entities and higher Ed institutions with the kind of accurate and reliable cash-management data that they need in order to make the best financial decisions for the funds in their care.
The author served for a total of 38 years in local government at the village, town, and county levels, including 24 years as a County Treasurer/CFO responsible for investing public funds. He can be reached by phone at 585-484-0311.