Customers
Tessaly is used by more than 300 mid-market companies in distribution, healthcare services, logistics, manufacturing and consumer goods, most with between $50M and $1B in revenue.
Halvorsen replaced a Monday-morning spreadsheet forecast with Tessaly's rolling 13-week view. Forecast variance fell from 18% to under 4% in two quarters, and the team cut its revolver draw by $6M after seeing surplus cash sitting in two Canadian subsidiaries.
“Our lender asked how we got so precise. The honest answer is that we stopped typing.”Dana Whitfield, VP Finance
With 212 bank accounts across acquired practices, Brightwater's treasury analyst spent most mornings logging into portals. Tessaly consolidated every account into one daily position in 11 days and now sweeps idle balances into a concentration account each afternoon.
“We used to know our cash position on Thursdays. Now we know it every day by nine.”Marcus Oyelaran, Controller
Kestrel runs payroll and fuel payments in euros and dollars. Tessaly's scenarios let the CFO test fuel-price swings against covenant headroom each week, and two-person approvals replaced an email chain for every intercompany transfer.
“The covenant alert fired three weeks before we would have caught it ourselves.”Ingrid Vos, CFO
Seasonal inventory builds used to squeeze Orchard & Pine every September. Their FP&A team now models the harvest buy against receivables in Tessaly and draws on their credit line only for the weeks that need it.
“It is the first finance tool our operations team actually opens.”Priya Raman, Director of FP&A
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