Managing finances for multiple entities can be daunting for finance teams, especially as the number of entities grows. This is where Translucent, a pre-seed startup based in London, comes in with their CFO super-app. With $3,342,000 in funding from LocalGlobe, Translucent aims to revolutionize financial management for multi-entity companies.

Translucent's super-app provides a centralized platform that solves everyday problems for multi-entity finance teams. By providing a single source of truth for financial data across all entities, Translucent helps eliminate the need for manual reconciliations, providing a more streamlined and efficient financial management experience. This saves time and reduces the risk of errors in financial reporting.

Translucent's platform allows finance teams to easily track payments, manage intercompany transactions, and consolidate financial statements. The platform also provides real-time insights into financial data, enabling finance teams to make informed decisions.

The platform's features include creating and managing multiple entities, setting up intercompany accounts, automating accounting entries, and creating custom reports. The platform's user-friendly interface makes it easy for finance teams to navigate and use, even if they are not experienced in financial management. Visit us for information about their latest funding round: https://founderlodge.com/round/Translucent-raises-3342000-Pre-Seed-2023-03-31-Michael-Wood-MTE3NjQ