Acctual reposted this
Internal transfers, aka intercompany money movement, is now live on Acctual 🎉 We've consistently heard from our users about the need for a way to transfer funds between different entities. Why? Well, the process of running an internal transfer is very manual and operationally exhaustive in crypto. Here’s what finance teams have been dealing with: Constant Approvals: A frequent need for both verbal and written permissions from finance and leadership to move money, which adds significant layers of delay. Operational Delays: These delays in securing approvals create bottlenecks that disrupt business operations. Messy Tracking: Manual tracking of transactions is error-prone and inconsistent, complicating reconciliation. To tackle these issues, we developed our internal transfers feature. It helps finance teams streamline fund movements, speed up approvals, and keep clear, reliable records of all transactions. If the shoe fits and want a demo? Let's chat!
Excellent work Mohamedeq
🚀 Exciting news! Streamlined processes are always a win for efficiency and accuracy. Way to go, Acctual!
Lets go Mo and team!
This is awesome!
Cofounder @ Acctual - AP/AR for digital assets | ex-Stripe
2wMassive! It's even a pain for our humble sized operations here 😅 I'm glad we can help companies maintain a better audit trail with a flexible approval workflow for their treasury movement