Name: Tesorio
Rating: 9 (2 reviews)
Author: Tesorio Inc.

Help Desk

Web and Video Conferencing

Customer Support

Bug  Tracking

Flowchart

Development

Higher Education

Education

Association Management

Business Intelligence (BI)

Collaboration

Data Extraction

Embedded Business Intelligence (BI)

File Sync

Risk Management

Streaming Analytics

Visual Collaboration

Enterprise

Accounting

Budgeting and Forecasting

Crypto Accounting

Loan Origination

Payment Gateway

Payment Orchestration

Finance and Accounting

Applicant Tracking

Background Check

Contractor Management

Corporate Learning Management

Diversity, Equity, and Inclusion (DEI)

HR Compliance

HR Management

Payroll

Recruitment Agency

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Authorization

C/C++ Integrated Development Environments

Cloud Storage

Container Management

Distributed Denial of Service (DDoS) Protection

Fraud Detection

Incident Response

Integration Platform as a Service (iPaaS)

Managed Private Cloud

Network Performance Monitoring

Relational Database Management Systems

Remote Monitoring and Management

Tower Servers

Information Technology

A/B Testing

AI Image Generation

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Conversion Rate Optimization

Email Marketing

Event Registration

Heatmap and Session Recording

Landing Page

Marketing Automation

Personalization Engines

Public Relations (PR)

Retail Media Advertising

SMS Marketing

Sales and Marketing Automation

Social Media Management

Survey & Forms Building

Video

Video Editing

Web Analytics

Marketing

Project Management

Prototyping

Professional Services

Customer Relationship Management (CRM)

Sales Pipeline

Sales

Antivirus

Security

Automotive

Forestry

Vertical-Specific

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### Invoice Processing
Users generally appreciate Tesorio's ability to efficiently manage and track invoices and streamline the collections process. The platform's invoice processing functionality is praised for its user-friendly interface, real-time status updates, and the ease of accessing detailed data insights. While some users find minor challenges in changing views or downloading multiple invoices at once, overall, Tesorio's invoice processing capabilities are seen as a valuable asset in improving collections efficiency and maintaining a clear overview of outstanding invoices.

### Collections and Dunning
Users consistently praise Tesorio for its robust collections and dunning capabilities, highlighting the efficiency and automation it brings to their collection efforts. The ability to customize templates, automate dunning campaigns, and track overdue invoices has significantly improved their AR aging and cash flow management. Tesorio's user-friendly interface and detailed data insights have made it a valuable tool for optimizing collections and driving improved cash collections. Customers appreciate the ease of use, real-time sync features, and the proactive approach to collections that Tesorio offers.

### Payment Forecasting and Reporting
Opinions vary on Tesorio's reporting and forecasting features based on the reviews provided. Some users appreciate the automation and machine learning capabilities, as well as the cash forecasting module that saves time. However, there are concerns about the dashboard changing without prior notice and updates affecting functionality and reports negatively. Users also express a desire for more robust reporting options to enhance their experience with Tesorio. Despite these mixed sentiments, Tesorio's ability to provide predicted pay dates, automated collections forecasting, and streamline AR aging processes is acknowledged as beneficial by many users.

### Cash Flow Management
User sentiment about Tesorio's cash flow management capabilities is predominantly positive, with many reviewers highlighting the platform's effectiveness in enhancing cash flow, improving cash collections, and providing valuable insights for cash forecasting. Users appreciate the automation features, machine learning capabilities, and the ease of use in monitoring and managing daily and monthly cash flows. Tesorio's ability to increase cash flow, reduce aged accounts receivable, and streamline financial processes has garnered praise from users across various industries. Additionally, the platform's integration with ERP systems like Netsuite has been commended for its role in providing real-time data for informed decision-making in cash management.

### Accounts Receivable Management
Users consistently praise Tesorio for its robust accounts receivable management features, noting that it has significantly improved their ability to manage aging accounts and customer invoicing efficiently. The platform's automation capabilities have been particularly lauded for reducing manual tasks and enhancing the overall collections process. Additionally, users appreciate the organized space Tesorio provides for focusing on high-priority clients and maintaining a steady cash flow. The ability to tag, pull invoices, and note accounts within the system has proven to be instrumental in tracking progress and ensuring timely payments.

### Credit and Risk Management
Users consistently praise Tesorio for its credit control capabilities. However, some reviewers have highlighted areas for improvement, such as the need for more automation in assigning accounts and enhancing credit management functionalities. Despite these suggestions, users generally acknowledge Tesorio's effectiveness in streamlining credit and risk management processes. The software's ability to automate credit control tasks and facilitate timely data retrieval has been well-received by users, showcasing Tesorio's strength in this aspect.

### Customer Communication
Users consistently highlight Tesorio's customer communication features as a key strength, emphasizing the ease of sending automated emails and setting up campaigns. The platform's ability to streamline communication with customers through personalized notes and efficient email tracking has garnered positive feedback. While some users express minor concerns about the customization options for dunning emails, overall, Tesorio is praised for its effective customer communication tools that enhance interactions and support efficient collections processes.

### Automated Campaigns and Emails
Users consistently praise Tesorio's automated campaigns and emails for their efficiency in streamlining collection efforts and improving communication with customers. The automated dunning emails and campaigns have proven to be invaluable in reaching out to clients and ensuring timely payments. Despite some minor concerns about email deliverability, the overall consensus is that Tesorio's automated campaigns and emails feature significantly enhances the accounts receivable process.

### Efficiency and Time-Saving Tools
Users consistently highlight Tesorio's efficiency and time-saving tools as key strengths of the platform. They appreciate how Tesorio automates tasks that were previously manual, such as sending out reminders and past due notices, ultimately saving them valuable time. The ability to set up campaigns and customize email frequencies tailored to their needs has been particularly lauded for its efficiency in collections. Additionally, users find the platform's predictive features and AI capabilities instrumental in forecasting cash flows accurately, leading to further time savings and improved operational efficiency. Tesorio's user-friendly interface and quick implementation process have also been commended for driving efficiency in accounts receivable processes.

### Team Collaboration and Workspaces
Users consistently praise Tesorio's team collaboration and workspaces features for their ability to streamline communication and enhance teamwork within the collections process. The customizable workspaces and collaborative tools have been instrumental in improving efficiency and facilitating smooth coordination among team members. The support team's responsiveness and dedication to addressing any issues related to workspaces have also been commended by users, further enhancing the overall collaborative experience within Tesorio.

### ERP and NetSuite Integration
Opinions vary on Tesorio's ERP and Netsuite integration capabilities. While some users praise the straightforward integration process and visually appealing dashboards, others express concerns about the time-consuming sync with Netsuite. The ability to sync more fields from Netsuite to Tesorio is seen as a potential improvement by one user. Despite some challenges, users appreciate the ease of use and the efficiency gained in managing cash flow through the integration with ERP systems.

### Customization and Personalization
Users consistently appreciate Tesorio's robust customization and personalization features, such as the ability to create tailored campaigns, customize dashboards, and tag invoices and customers for easy organization. While some users express a desire for further enhancements in certain areas, overall, Tesorio's customization options are seen as valuable tools for optimizing collections processes and improving efficiency within accounts receivable management. The platform's flexibility in allowing users to personalize their workflows and tailor their interactions with clients is a key strength that resonates positively with many reviewers.

Intuitive User Interface: Users consistently find the user interface of Tesorio intuitive and easy to navigate, with multiple reviewers praising its usability. Many users appreciate being able to quickly find all the information they need and track the latest actions on invoices.
Automation and AI Features: The automation and AI features of Tesorio are highly valued by users, as they help alleviate their workload and allow them to focus on more important initiatives. The campaign set up is a favorite feature among users, as it enables them to easily send emails and track open rates for accurate contacts. Several reviewers mention that these features significantly improve the efficiency of their AR teams.
Seamless Integration with Netsuite: Reviewers highlight the seamless integration between Tesorio and Netsuite as a standout feature. They appreciate how real-time updates reflected from Netsuite in Tesorio help ensure accuracy and efficiency in their AR processes. Additionally, features like collection notes, email history, and account-level invoices are highly appreciated by users who rely on this integration for smooth operations.

Users commonly recommend three improvements for Tesorio: First, they suggest reviewing the time it takes for repetitive tasks. Second, they recommend running ROI analysis with Tesorio. And third, they emphasize the value of watching the online videos provided by Tesorio to make an informed decision about implementing the tool. Users find Tesorio easy to use, appreciate its easy access to data, and praise its customizable reporting features. To enhance the user experience, users suggest addressing the efficiency of repetitive tasks and utilizing Tesorio's ROI analysis capabilities. Additionally, they emphasize the value of watching the online videos as a valuable resource for making informed decisions about adopting 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.

Tesorio is a cash flow performance tool used by Accounts Receivable,  Treasury, and financial planning and analysis organizations. Prediction of cash inflows and outflows is used for decision-making, while Tesorio workflow tools can be used for managing collections, payments and currency exposures. They provide levers to make adjustment to timing and mitigate risk within cash flow.

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Accounts Payable

April 2015: Phorum Demo Pit Winner, Tesorio, Carlos Vega & Fabio Fleitas

<p>Tesorio is the cash flow performance platform, which Accounts Receivable, Treasury, and FP&amp;A teams use to manage, predict, and collect cash.</p><p>Tesorio serves customers with AR automation and cash flow forecasting across verticals including software, manufacturing, retail, finance, and pharmaceuticals.</p>

Tesorio Inc.

Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

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Tesorio

Overview

What is Tesorio?