Managing cash across multiple entities is turning into more work than I expected
We are a B2B SaaS company with entities in Singapore, Australia, and the UK, and as we have grown, keeping track of cash across different accounts has become surprisingly frustrating.
For a while we managed with bank portals, spreadsheets and a lot of manual checking. It worked when things were smaller but now it feels like someone is always asking where the cash actually is or whether one entity needs funding from another.
A few months ago we decided to stop relying on spreadsheets. We ended up moving most of the treasury workflow into Finmo mainly because we wanted everything in one place instead of jumping between different bank accounts. It definitely helped with visibility, although getting everything connected wasn't as straightforward as I expected.
I am still curious how other finance teams handle this. Are you mostly using your ERP, your bank's own tools or a separate treasury platform? At what point did spreadsheets stop being enough for you?