Case Study: Mondu achieves real-time cash control and faster month-end close with Atlar

Mondu accelerates month-end close by 30 days with Atlar

Mondu, a fast-growing B2B payments fintech, faced significant treasury challenges due to its rapid expansion across Europe. With accounts spread across multiple banks and geographies, the company suffered from poor cash visibility. Its finance team relied on manual processes in Excel, which took a full day to determine the cash position and stretched the month-end close to 30 days. This operational burden limited the team's ability to focus on strategic work, prompting them to seek a solution from Atlar.

Atlar implemented its cash management platform to connect all of Mondu's financial partners and integrate seamlessly with NetSuite. The solution provided real-time cash visibility across all accounts, automated bank statement processing, and centralized payment approvals. As a result, Mondu accelerated its month-end close and freed its finance team from manual work to focus on strategic projects that support the company's growth.

Mondu