Embat
About Embat
Embat is a cloud-based treasury management platform that centralizes collections, payments, and accounting processes while automating bank reconciliations using AI. This solution enables finance teams in medium and large businesses to gain real-time visibility into cash positions and liquidity, reducing the time spent on these tasks by up to 75%.
```xml <problem> Many medium and large businesses struggle with fragmented treasury management processes, leading to inefficiencies in collections, payments, and accounting. Finance teams often lack real-time visibility into cash positions and liquidity, hindering effective decision-making and strategic planning. </problem> <solution> Embat offers a cloud-based treasury management platform that centralizes and automates key financial processes, providing finance teams with real-time visibility and control over their cash flow. The platform streamlines collections, payments, and accounting workflows, while automating bank reconciliations using AI. By integrating with ERP, accounting systems, and FP&A platforms, Embat delivers reliable liquidity forecasts and systematizes treasury reporting. This enables businesses to optimize liquidity management, reduce administrative overhead, and improve the accuracy of their financial data. </solution> <features> - Real-time bank connectivity for up-to-date cash position monitoring - AI-powered automation of accounting entries and bank reconciliation processes - Short, medium, and long-term liquidity forecasting capabilities - Centralized platform for managing global payments - Automated treasury reporting and KPI tracking - Seamless integration with ERP, accounting systems, and FP&A platforms - Robust cybersecurity, encryption, and data processing protocols </features> <target_audience> Embat primarily targets finance teams in medium and large businesses seeking to streamline treasury operations, improve cash visibility, and automate financial processes. </target_audience> <revenue_model> Embat operates on a subscription-based model, offering tiered pricing plans based on the features and level of support required. </revenue_model> ```
What does Embat do?
Embat is a cloud-based treasury management platform that centralizes collections, payments, and accounting processes while automating bank reconciliations using AI. This solution enables finance teams in medium and large businesses to gain real-time visibility into cash positions and liquidity, reducing the time spent on these tasks by up to 75%.
Where is Embat located?
Embat is based in Madrid, Spain.
When was Embat founded?
Embat was founded in 2021.
How much funding has Embat raised?
Embat has raised 23530000.
- Location
- Madrid, Spain
- Founded
- 2021
- Funding
- 23530000
- Employees
- 106 employees
- Major Investors
- Creandum