"With Treasury teams deciding how the largest corporations move cash around the world, it became obvious that guiding those money flows was worthy of bringing the best talent to re-think how it's done," Sobkowski told TechCrunch.
"Although we had a treasury management system, all of the forecasting and money movements were managed in spreadsheets because the systems we used weren't reliable enough to build the process around," Pannu recalled of his time at Uber.
The company has built all-in-one platform to let businesses move money between hundreds of bank accounts and subsidiaries in a more efficient way.
It also has an automated feature that provides tailored cash forecasting in a way that the company says outperforms human models at least 75% of the time.
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