Case Study: Wallapop achieves real-time treasury visibility and automated reconciliation with Embat

Wallapop automates treasury for 19 million users with Embat

Wallapop, a Barcelona-based retail company with over 19 million users, faced challenges with manual accounting processes and a lack of real-time visibility into its global liquidity. To optimize time efficiency and reduce errors, they partnered with Embat for an automated treasury and bank reconciliation solution integrated with their Oracle NetSuite ERP.

Embat implemented a platform that provided real-time connectivity to NetSuite and automated bank reconciliation using artificial intelligence. This gave Wallapop a consolidated view of its banking pool and transactions. The solution streamlined the finance department's operations, saving time, reducing manual errors, and allowing the team to focus on more strategic, high-value tasks.

Wallapop