For CFOs and finance directors
You did not compute this number. You still have to defend it.
Group cash, at whichever level you are being asked about, with the working still attached. Every figure Tresora shows opens onto the records it was computed from, and every figure it cannot compute honestly is declined rather than estimated. What you take into the room is what your auditors can rebuild.
Approved for the board pack
EUR 154,300,000
Frozen on Jul 31, 2026. A snapshot cannot be edited afterward, only asked again.
- The same question, asked today
- EUR 162,800,000
- Difference
- EUR +8,500,000
Records behind the difference4,922
One answer
Why do two parts of the group answer the same question differently?
Because a figure is not a number. It is a population, a moment, a list of exclusions and — across borders — a rate. When each company computes its own, those four choices get made four different ways, and nobody in the room can tell which of the answers is wrong.
- The population is stated, not assumed
- Every figure names what it counts and what it leaves out. A total labeled ‘customer’ that still holds intragroup balances is arithmetically perfect and factually false, so on every surface the label and the filter are the same thing.
- The moment is part of the figure
- A position translated at four different moments is four positions. Each group figure carries the instant it was read, and every level of the group reads that instant rather than its own.
- The rate is named, and a missing one is refused
- Currency translation carries the published rate and the date it was published for. Where a pair has no published rate, the line is declined on the surface, taken out of the total, and the total’s own label says how many currencies it covers.
- Group, country and entity are cuts, not reports
- The country finance director and the group open the same reconciled reality at different levels. There is no reconciliation step between their two numbers, because there is only one number.
About the word ‘consolidated’
The trail
Can I show an auditor where this number came from?
Every figure on every screen opens downward, and it keeps opening until it reaches a line in the file your bank sent. Nothing on the way is a summary that cannot be reopened.
- The figure
- Group cash at a level and a moment — the thing on the slide, with the population it covers and the instant it was read printed beside it.
- The movements
- The receipts and payments that produced it, each with its date, its amount and a counterparty decided from identifiers in the record rather than from a name that looked similar.
- The match
- The statement line and the ledger entry that were matched to each other, with the evidence behind the decision and the explanations that were weighed against it. The rejected ones keep their scores.
- The record
- The line as it arrived, in the file your bank sent, in the format it sent it in — kept as delivered rather than as the shape a summary needed.
That is the trail your auditor can follow, and it is the same trail your own controllers work in during the close. Nobody rebuilds it for the meeting, because it was never taken apart.
Since last time
Why is this different from what I presented last month?
The figure that went into the pack was frozen when it was approved. Ask the same question today and the gap comes back as named movements that add up to it exactly, each one with its records still standing behind it.
What moved since the pack was approved
| Movement | Cash effect · EUR |
|---|---|
| Customer collections3,186 records | EUR +30,480,000 |
| Supplier payments1,626 records | EUR -9,140,000 |
| Payroll96 records | EUR -6,940,000 |
| Debt service8 records | EUR -3,200,000 |
| Term deposits placed6 records | EUR -2,700,000 |
The whole difference
Spread across 4,922 records, every one of which still opens.
5 lines, and not one of them is a story about the quarter. That is what makes the difference answerable in the meeting rather than in the week after it.
What changes
What is different the next time the board asks?
You open two screens a month, and both of them survive being questioned.
- You answer in the meeting
- The level a question is asked at is a cut of the figure already on screen, so ‘and what does that look like for Mexico’ stops being an action item.
- Nobody re-keys anything
- The pack is built from the same reconciled reality your treasury team worked in all month. There is no consolidation spreadsheet between the two, so there is no second version of it to be wrong.
- A figure that cannot be computed honestly is missing on purpose
- Where a rate was never published, or a movement genuinely fits two companies, the surface declines and says which one and why. You find that out before the meeting rather than during it.
- Last month is still there next year
- Each approved view stays frozen as it was approved, and every figure inside it still points at its records. A question a year later is answered from the same evidence as the question in the room.
What the same reality also answers
The same figures, from the other chairs
Questions
What finance leaders ask us first
- 01How do I know the group figure and the entity figures agree?
- They are the same figure. Group, country and entity are levels of one reconciled reality rather than three reports that get compared afterward, so there is no reconciliation left between them to go wrong. When a country’s number moves it is because a record moved, and that record is one click away.
- 02What does Tresora do when a currency has no published rate for the date?
- It declines the line. The amount stays in its own currency, the surface says which currency and why, and the line is taken out of the group total — with the total’s label naming how many currencies it covers. A rate borrowed from the day before is a figure your auditor cannot reproduce, so it is not one we print.
- 03Does my team have to change how they close the books?
- No. Tresora reads the ledger extract your system already produces — SAP, Oracle, Dynamics or Navision — and keeps every column of it. The close happens where it happens today, with the bank side already agreeing and the differences already named.
- 04Can we show this to our auditors?
- Yes, and it is one of the reasons groups buy it. Every figure traces to the statement line and the ledger entry behind it, every match keeps the evidence and the alternatives it rejected, and the whole trail exports. We compute and we evidence; what any of it means for your accounts is your accountants’ call.
- 05We are a small group, not a multinational. Is this built for us?
- Yes, and there is no threshold to clear. The problem it solves appears the moment no single person can hold the whole picture, and that depends on how many banks, currencies and calendars are in play rather than on how many companies there are. A small group banking in three countries reaches it sooner than a large one banking in one.
Ask it the question you were asked last month.
Bring one month of statements and one ledger extract. We will build the figure you presented, then take it apart in front of you — down to the lines your banks sent.
Your files stay yours, and a figure we cannot compute honestly is never shown as one.