Tesorio

Tesorio's Cash Flow Performance Suite is a software solution that aims to optimize cash flow for businesses of all sizes. According to the vendor, this suite focuses on streamlining accounts receivable processes to improve cash collection, reduce days sales outstanding (DSO), and unlock cash from the balance sheet. It caters to B2B finance teams, including CFOs, collections teams, finance managers, credit and collections managers, and more. The suite is suitable for industries such as technology, software, manufacturing, healthcare, and professional services.

Key Features

Accounts Receivable Automation: Tesorio's Cash Flow Performance Suite automates essential tasks in cash collection, such as generating invoices, sending payment reminders, and managing customer communications. This automation allows finance teams to dedicate more time to strategic work.

Customer Payments Portal: Tesorio provides a user-friendly customer payments portal, enabling businesses to enhance customer relationships and streamline payment collection. Through the portal, customers can conveniently check their account status and make self-service payments.

Real-Time Visibility and Forecasting: Tesorio's AI-powered forecasting feature offers real-time visibility into cash flow, empowering businesses to predict invoice payment dates accurately. By analyzing historical data and customer behaviors, finance teams can make informed decisions regarding cash flow management.

Automated Email Campaigns: Tesorio enables users to create personalized email templates tailored to different customer types. These templates can be automatically triggered at the appropriate time, facilitating effective outreach campaigns and reducing manual effort in collections.

Collaborative Workspaces: Tesorio's collaborative workspaces feature fosters teamwork and communication within finance teams. It provides a customizable and user-friendly workspace where team members can collaborate, share notes, and aggregate data, ensuring a streamlined collections process.

Invoice Prediction: Leveraging machine learning capabilities, Tesorio analyzes historical behaviors to create per-customer predictive models for invoice payment dates. This feature provides businesses with a clearer understanding of expected payment dates, and users can manually adjust predicted dates if necessary.

Integrated with ERP and Other Systems: Tesorio seamlessly integrates with popular ERP systems like NetSuite, Sage Intacct, Workday, Quickbooks, and Zuora. Additionally, it integrates with CRM systems such as Salesforce, payment processing platforms, and single sign-on (SSO) solutions, providing a unified view of data and enabling efficient functionality from existing tools.

Automated Cash Application: Tesorio simplifies the reconciliation of payments with its cash application feature. Users can record payments, match them against invoices, and post them to the ERP system from a single screen, reducing manual effort and improving accuracy in cash application processes.

Comprehensive Reporting and Analytics: Tesorio offers a comprehensive suite of over 30 pre-built reports to track key metrics and monitor cash flow performance. These reports cover areas such as performance analysis, contact health, working capital, and efficiency, providing valuable insights for finance teams.