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Pleo Offers Finance Leaders Complete Visibility and Control With Launch of Cash Management Suite
Spend management fintech Pleo, today announced the launch of Pleo Cash Management for customers in the UK and Germany. The add-on tool gives finance teams complete visibility of company spend inside and outside of Pleo and one simple way to track, manage and optimise spending effortlessly. By freeing up time and providing real-time insights, the suite enables smarter, faster and more confident financial decisions.
Managing liquidity has long been a headache for finance leaders. Too little top-up, and transactions fail; but too much, and cash sits idle. Add in multiple bank portals, manual transfers, rising FX fees and limited oversight, and visibility becomes nearly impossible.
Pleo’s full cash management offering puts finance teams in control with one clear, real-time view of every account. By bringing bank and Pleo accounts together under one roof, finance teams can now:
- Track, manage and optimise cash effortlessly
- Compete balance visibility across accounts and currencies
- Automate liquidity with transfer rules that ensure funds flow where they’re needed, when they’re needed
- Cut FX fees to zero, with multi-currency accounts, trades and cards to protect margins
- Streamline and optimise cash by consolidating control into one platform
Together, these features free finance leaders from repetitive admin and empower them to focus on strategic work, confident that liquidity is optimised and spend is under control.
The challenge is real: new research from Pleo has found that 23% of UK businesses are not confident they can reliably avoid financial risks due to poor visibility, with similar numbers dissatisfied with procurement oversight (23%) and their ability to consistently stress-test financial health (22%). On top of this, today’s CFOs are expected not just to protect and project, but to deliver growth – yet more than a quarter (26%) admit they lack confidence in their organisation’s ability to make excess cash work harder through strategic investments.
“Cash is the foundation of every business, but for too long finance teams have been stuck managing it through messy, manual and fragmented processes. That not only wastes time but also undermines confidence in critical decisions. With the launch of our full cash management add-on, we’re changing that. Finance leaders now get a single clear, real-time view of all their accounts, the ability to automate liquidity and complete control over spend across currencies. It means every financial decision can be smarter, every pound or euro can work harder and finance teams can focus on what really matters: driving growth and guiding the business with confidence.” said Amit Kahana, Head of Credit & Cash Management at Pleo.
Pleo Cash Management is now available as an add-on for existing Pleo customers across the UK and Germany. Pleo will be rolling out this feature to customers in Denmark and the Netherlands next.
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