Tesorio offers an AI-driven connected finance operations platform that aggregates and analyzes real-time financial data to automate workflows for collections, cash application, and cash flow forecasting. By reducing Days Sales Outstanding (DSO) by an average of 33 days and increasing collections team productivity by 300%, Tesorio enhances cash flow management and supports strategic financial decision-making.
Funding
$33.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Many finance teams struggle with fragmented financial data across multiple systems, leading to inefficient workflows and a lack of real-time visibility into cash flow. This makes it difficult to accurately forecast cash flow, manage collections effectively, and optimize working capital. The result is often increased Days Sales Outstanding (DSO), reduced productivity, and missed opportunities for strategic financial decision-making.
Solution
Tesorio offers a connected financial operations platform that aggregates and analyzes real-time financial data from various sources, including ERP, CRM, billing systems, and banks. The platform uses AI to automate key workflows across collections, cash application, accounts payable, and cash flow forecasting. By providing a unified view of cash inflows and outflows, Tesorio empowers finance teams to make data-driven decisions, optimize payment timing, and improve collaboration. The platform's AI-powered cash application agent automates lockbox, remittance, and bank transaction matching to invoices, increasing auto-match rates and accelerating cash unlock.
Target Audience
Tesorio targets CFOs, finance leaders, controllers, AR managers, financial operations teams, and treasurers seeking to improve cash flow visibility, streamline financial processes, and optimize working capital.
Features
- Real-time cash flow forecasting with AI-driven insights and scenario planning
- Automated collections campaigns with targeted email reminders and real-time analytics
- Cash Application Agent that automates lockbox, remittance, and bank transaction matching
- Customer payment portal for secure and user-friendly invoice payments
- Supplier Portals Agent to automate invoice submissions and tracking on portals like Ariba and Coupa
- Consolidated bank reporting for a single view of all bank accounts and transactions
- Integration with major ERP, CRM, and banking systems for seamless data connectivity
- Customizable workflows to automate financial processes and improve efficiency