Quorum is the software and managed service for board treasury committees. We codify your investment policy, run cash to mandate, and assemble the quarterly pack your committee will actually read.
The treasury committee meets quarterly. The pack is the meeting. We make sure it is honest, brief, and on time.
Cover memo, treasurer's letter, cash position, performance, IPS exception report, resolutions to be voted, signature page. Distributed five business days before the meeting.
Every resolution carries a roll-call register, dated and signed. Auditable for years.
Every breach of policy bands is logged with date, magnitude, and curing action. Always on page three.
We codify your investment policy statement, then manage cash across operating, reserve, and quasi-endowment buckets per board mandate.
Quarterly pack: cash position, treasury performance, IPS exception report, and the resolutions to be voted.
Workpapers, footnote schedules, and the supplementary information your auditor needs for the engagement.
The fiduciary lives in the room. We just make the room more readable.
"Quorum took a board treasury function that lived in a banker's head and put it in a binder. Our auditor found it last year. They were delighted."
Annual engagement letter, signed by the chair.
For one-trustee personal trusts and family LLCs. IPS and quarterly statement.
For non-profits, foundations, and operating companies with a treasury committee.
For multi-entity holdings and the office that supports them.
No. Quorum is software and a managed service. Custody is held by your existing trust company or broker (Schwab, Fidelity, BNY Mellon).
A 30-minute call with a credentialed treasurer. We will look at your IPS and tell you whether we are the right fit. Engagement letter follows within five business days.