Tesorio’s 2024 Highlights: Modern Financial Operations That Accelerate Cash Flow

In 2024, Tesorio took bold steps to empower finance teams with tools designed to reduce manual work, improve efficiency, and accelerate decision-making. While our product and engineering teams shipped a wealth of features and improvements this year, these highlights showcase how Tesorio delivered transformative results for our customers.

Fresh Look and User Experience for a Fresh Year

Sleek, slick, intuitive, easy, clear, and concise—these are just some of the words our customers have used to describe Tesorio’s refreshed user interface in 2024. We kicked off the year with a design overhaul to make managing your financial operations feel effortless:

• Standardized Workspace Functions: Consistent actions across invoices, customers, bills, and vendor workspaces reduce friction and speed up routine tasks.
• Smarter Email Template Tools: Enhanced formatting options make creating professional, impactful communications fast and easy.
• Configurable Dashboards: Tailor dashboards to specific workflows and priorities, delivering actionable insights at a glance.

Our refreshed design isn’t just about looking good—it’s about working smarter. Customers have shared that these updates improved usability and made it easier to align their workflows with their goals.

Save Time, Work Smarter

Tesorio’s automations aren’t just about saving time—they’re about enabling teams to focus on what drives results. From simplifying processes to streamlining communications, we’ve made it easier to tackle strategic priorities without getting bogged down by manual tasks:

• Scheduled Workspace Downloads: Automatically send saved reports to your inbox or SFTP server, ensuring your team stays informed without lifting a finger.
• AP Portal Monitoring: Eliminate the need to log in and out of multiple AP portals. Tesorio tracks updates from platforms like Coupa and Ariba in real-time, creating tasks, notes, and promise-to-pay dates to keep your team ahead of the curve.
• Campaign Workflow Enhancements: Transform workspaces into campaigns, manage queued emails, and approve actions directly in the workspace drawer for greater efficiency.
• AI Email Summarization: Cut through email clutter with AI-generated summaries of threads linked to Invoices, Bills, and Customer records, giving you clear next steps in seconds.

As Joshua at Providence Medical shared on G2, Tesorio “has drastically saved our company time and resources,” underscoring the transformative power of these automations.

Improve Visibility for Confident Decisions

Clear insights are essential for confident decision-making. Tesorio’s tools empower finance teams to identify trends, spot risks, and act faster with accurate, actionable data:

• As-Of Date Reporting: Compare current and historical invoice states to identify discrepancies caused by ERP backdating or adjustments.
• Real-Time Alerts: Stay ahead of critical events with alerts that notify you when thresholds are met for invoices, bills, or vendors.
• Advanced Dashboards and Widgets: Preconfigured templates and the “Data Overview” widget make visualizing trends easier and faster than ever.
• AI Recommended Promise-to-Pay Dates: Leverage AI to extract payment commitments from emails, update your records instantly, and forecast more effectively.

One user shared on G2, “Tesorio has revolutionized our cash flow management experience. It is very intuitive, we have real-life visibility into our finances, enabling us to make informed decisions.”

Collaborate Seamlessly Across Teams

Collaboration is about more than working together—it’s about empowering teams with the right tools to get things done faster and more effectively. Tesorio’s updates in 2024 made teamwork smoother than ever:

• Slack Integration: Share invoice and customer data in Slack to bring Tesorio and non-Tesorio users into the loop. Pull real-time updates and insights into conversations to eliminate delays.
• Workspace Sharing: Create and share customized workspaces via direct links to keep your team aligned.
• @Mentions in Tasks: Assign accountability and accelerate resolutions by tagging teammates in tasks.
• Chrome Extension for Gmail: Manage AR tasks without leaving your inbox. Link emails to records, update customer details, and keep momentum going.

As one G2 reviewer described, Tesorio is “faster, more accurate, and beautifully collaborative,” highlighting how these tools transform teamwork and streamline financial operations.

Enhance Predictability and Control

Tesorio’s forecasting tools ensure finance teams can act proactively, identify trends in real time, and adjust to evolving conditions. As Kevin V., Senior Manager of Business Process Improvement at Bloomreach, shared, “The new 'Variance' analysis and 'Live vs. Locked' forecast functionality in Tesorio have delivered real-time insights supporting our operations. These insights are driving continuous improvements in data quality.”

• Scheduled Campaign Sending Windows: Achieve greater predictability in email delivery by defining time zones, days, and hourly schedules for optimized communication.
• Live Forecast Tracking: Monitor forecasts in real time to identify shifting factors and understand their impact on financial goals.
• Variance Analysis: Compare forecasted and actual outcomes with a detailed breakdown of changes, so you can adjust faster.
• Current Period Progress: Stay on top of real-time cash flow activity and projections to keep your team aligned.
• Advanced Forecast Row Settings: Refine your forecasts with customized criteria for bank accounts, categories, and transaction types.

Kevin also noted that these tools have “eliminated the need for cumbersome Excel sheets, saving significant time while driving our financial operations forward.”

Seamless Integration with Your Ecosystem

Tesorio connects your financial tools so they work together effortlessly, ensuring you can focus on what matters most. By integrating more deeply with the platforms your team relies on, we’ve reduced complexity and improved data accuracy:

• Salesforce Contact Roles: Sync key contact roles from Salesforce to gain a deeper understanding of customer relationships and improve collaboration across teams.
• Enhanced SFTP Options: Automate and secure data transfers with flexible, non-bank SFTP connections that adapt to your workflows.
• NetSuite: Simplify workflows with support for custom field values on credit memos and a new “UNDEPOSITED” status to clarify payment tracking.
• Sage Intacct: Handle complex finances with ease through enhanced multi-currency support and streamlined undeposited funds management, improving both accuracy and efficiency.

These integrations reduce friction and bring your financial ecosystem together, enabling smoother operations and smarter decisions.

Unlocking New Capabilities with Our Enhanced Email System

We ended the year with a major upgrade to our email system, setting the stage for groundbreaking new capabilities and enhancements to come in the new year. This upgrade empowers teams with more robust functionality,—starting with the release of our Bounced Contacts feature next week! 

With Bounced Contacts, teams now gain greater granularity by identifying exactly which email contacts have hard bounced. This includes:

• A filter to find bounced contacts quickly.
• An indicator on individual contact pages for easy visibility.
• Quick navigation to bounced contacts directly via the dashboard.

This enhancement, requested by many of our customers, is just one example of what’s possible thanks to the upgrade. By modernizing this integration, we’re unlocking opportunities to deliver even more impactful features in 2025, all designed to make email communication, campaign management, and customer engagement more seamless.

Looking Ahead to 2025

2024 was a year of transformation. From saving time and improving control to enhancing collaboration and empowering smarter decisions, Tesorio has been focused on giving finance teams the tools they need to excel and accelerate cash flow.

Looking ahead, 2025 promises even more innovation, including enhancements to the Payment Portal, Cash Application, Supplier Portals, and more.

Your feedback has been invaluable in shaping these updates, and we’re excited to continue innovating in 2025. Together, let’s redefine what’s possible in financial operations.

Thank you for being part of our journey. Here’s to another year of growth and success!

Stay tuned for the latest updates, and if you're ready to see how Tesorio can transform your financial operations, speak with a cash flow expert today.