INSUBCONTINENT EXCLUSIVE:
Tesorio, a startup that helps businesses aggregate and analyze their cash flow data, today announced that it has raised a $10 million Series
Existing investors First Round Capital, Floodgate, Y Combinator, Fathom Capital and Fuel Capital participated
that every company likely wants to be able to track its cash flow as closely as possible
The fact that Jeff Epstein, former CFO of Oracle; Ron Gill, former CFO of NetSuite; and Greg Henry, CFO of Couchbase and former SVP of
accounts receivable operations to understand when customers are likely to pay
While there are other tools that help you manage the overall workflow, Vega argues that Tesorio is different because it can pull in data
The company focuses on bringing on companies with 100 to 3,000 employees and it already has a number of international customers, too
In total, the platform has analyzed $56 billion in payments, 10 million invoices and 5 million user activities
As with all machine learning services, every new transaction also helps to make its models more precise.As usual, Tesorio will use the new
In the vast majority of companies, this analysis is performed on a spreadsheet
One containing many links, often circular references, and pulling in data from multiple sources
