Case Study: Yotpo achieves real-time cash visibility and automated reconciliation with Nilus

How Yotpo gained complete cash visibility with Nilus

Yotpo, a leading global retention marketing platform, faced significant challenges with manual cash management and reconciliation across its 20+ bank accounts. The finance team spent over 100 hours per month logging into different portals to pull reports and manually match payments to invoices, which delayed cash visibility by weeks and created customer billing issues. Seeking to automate these processes, Yotpo turned to the cash management and accounting automation solutions from Nilus.

By implementing Nilus, Yotpo automated its cash application and gained real-time visibility into its multi-currency cash positions. The solution from Nilus eliminated manual reconciliation tasks, saving the team 100+ hours per month and reducing billing-related customer tickets by updating invoice statuses up to three days faster. Yotpo's finance team can now make critical cash flow decisions in real time, with Nilus serving as a one-stop shop for automating all cash operations.

Yotpo

Rotem Landa

Chief Financial Officer