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Tesorio description
Tesorio is a software platform designed to help finance teams manage and predict their cash flow more effectively. It brings together data from various sources, automates tasks like collections and forecasting, and provides insights to improve decision-making. Tesorio aims to reduce outstanding payments, improve efficiency in collections, and provide a clearer picture of your company's financial health. It's particularly well-suited for mid-sized and larger companies.
Who is Tesorio best for
Tesorio empowers finance teams to efficiently manage and forecast cash flow. It automates key AR tasks, provides real-time insights, and streamlines collections. Users praise its user-friendly interface and robust reporting capabilities but note occasional login issues and unmet feature expectations. Ideal for mid-sized to large businesses, Tesorio helps professionalize AR processes and gain a clearer financial overview.
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Best fit for medium and large businesses seeking to optimize their cash flow management.
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A versatile solution for various industries handling complex AR processes.
Tesorio features
| Supported Tesorio offers real-time cash flow forecasting with AI-driven insights and automated data integration. |
| Supported Tesorio supports scenario planning through real-time data, forecasting, and modeling tools. |
| Supported Tesorio offers automated AR processes, including dunning and forecasting. |
| Supported Tesorio supports bank reconciliation as part of its financial management capabilities. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Scalability
Tesorio reviews
We've summarised 195 Tesorio reviews (Tesorio G2 reviews) and summarised the main points below.
- Strong A/R tool, easy to implement.
- Excellent campaign functionality for reminders.
- User-friendly interface and pleasant design.
- Streamlines invoicing, dunning, and forecasting.
- Helps identify customers to chase for payments.
- Automates overdue notices and payment tracking.
- Professionalized AR processes.
- Easy to track invoice and customer information.
- Robust reporting and dashboards.
- Great customer support.
- Unreliable login, frequent timeouts.
- Many promised features are not delivered.
- Lacks partial payment functionality.
- Company doesn't use Tesorio for its own invoicing.
- Limited payment portal configuration.
- Invoice attachments not shown in Tesorio.
- Claimed features unavailable for QuickBooks users.
- Inaccurate cash flow forecasting AI.
- Sync issues with QuickBooks.
- Limited customization.
- No notification for past due invoices.
Tesorio pricing
The commentary is based on 3 reviews from Tesorio G2 reviews.
Tesorio's pricing is generally considered expensive, especially by those using QuickBooks, with some users citing a cost based on open AR. However, some find it affordable and worthwhile due to increased cash flow and time savings.
Users sentiment
Tesorio alternatives
AtlarBetter for bank integrations and reconciliation. Has more momentum based on employee growth. Higher rated by users. More focused on fintech.Read more
XeroBetter for small to medium businesses. Offers broader industry fit. Provides core accounting features like bank reconciliation and reporting. More affordable pricing plans.Read more
AgicapBetter for a wider range of industries. Has grown its team significantly faster, indicating strong momentum. Users highlight its intuitive interface and strong customer support. However, users also mention a longer onboarding process and occasional sync issues. More negative pricing sentiment.Read more
PayhawkBetter for expense tracking and spend management. Offers company cards, expense reports, and bill payments. Global solution supporting multiple currencies. More suitable for companies with international operations. Has positive customer reviews for service and ease of use. A Tesorio competitor and alternative.Read more
CoupaBetter for spend management across broader business functions. Wider industry applicability. More established, with slower growth. Users appreciate simplified purchasing and PO processes but dislike the interface and limited customization. A Tesorio competitor and alternative.Read more
Tesorio FAQ
What is Tesorio and what does Tesorio do?
Tesorio is a cash flow management platform that empowers finance teams to predict and manage their cash flow effectively. It automates collections, provides real-time forecasting, and offers insightful data for improved financial decision-making. Tesorio helps reduce outstanding payments and gain a clearer financial overview.
How does Tesorio integrate with other tools?
Tesorio integrates with various ERP and CRM systems, including NetSuite, Salesforce, and QuickBooks. It also connects with payment processors like Stripe and Adyen, providing a comprehensive financial management solution. This allows for seamless data flow and automated reconciliation.
What the main competitors of Tesorio?
Alternatives to Tesorio include Kolleno, Atlar, Coupa, Agicap, HighRadius, and SAP Concur. These competitors offer similar features such as accounts receivable automation, cash flow forecasting, and spend management, catering to various business sizes and financial needs.
Is Tesorio legit?
Tesorio is a legitimate software platform. User reviews highlight its strong accounts receivable automation and user-friendly interface. However, some users have reported issues with login reliability and missing features. Consider these points when evaluating Tesorio for your needs.
How much does Tesorio cost?
Tesorio does not publicly disclose pricing information. Contact their sales team for a custom quote based on your specific needs and the features you require.
Is Tesorio customer service good?
Tesorio's customer service receives positive feedback. Users highlight the responsive and helpful support team, quick response times, and readily available assistance with problem-solving and instruction. They are considered a great partner.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.