We're excited to share a case study highlighting how the team at Tread partnered with Vesto to automate their cash reporting process. To Sameer Bhalla & team – thank you for your trust. 🤝
We recently helped Tread go from a manual cash reporting process – spread across 10+ bank accounts and multiple currencies – to a single view of their cash position & cash flow (in <1 day)... As a global business, Tread has scaled across multiple entities and banks, in both the US and Canada. In order to get a view of their cash position and transactions, the team had to traverse multiple bank logins, and manually build reports in Excel, with complex multi-currency reconciliation. This process was time-consuming and prone to errors. The Tread team needed a way to see their cash balances and transactions in real-time and didn’t want to waste hours running this process manually. Tread partnered with Vesto and got all of their banks connected in <1 day. Since implementing Vesto, Tread has freed up their team’s time to focus on strategic finance projects, while getting an accurate and instant view of their cash globally. In the words of Sameer Bhalla, the CEO of Tread: “Vesto has transformed our process by providing a single, real-time dashboard that eliminates manual tracking and ensures up-to-date cash visibility across accounts." The full case study is linked in the comments 👇