How early in the morning is the position ready?

As early as your banks are. Each statement is read and folded into the position when it lands, so the figure is as complete as the files that have arrived — and it names the accounts that have not reported rather than assuming them. There is no batch to wait for and no overnight job to have failed.

What happens to an account whose bank has sent nothing today?

It is carried at its last reconciled close and counted separately, on the same surface as the total. You see how many accounts that is and which ones, so you can call the bank or fund around them instead of finding out at the cut-off.

Do I have to wait for the ledger to close before the position is usable?

No. Bank movement is reconciled against the ledger continuously as both arrive, so the position does not wait for a period to be closed. What the ledger has not posted yet is shown as movement in transit rather than left out of the figure.

How do payments actually leave?

Tresora builds the file each of your banks takes and instructs them on your behalf, along the approval path you configure. Nothing leaves an account without those approvals, the funds stay in your own accounts, and the bank’s confirmation is matched back to the order it belongs to.

Every one of our banks sends a different format. Does that have to be cleaned up first?

No. They keep sending exactly what they send today, on the channel they already use, and Tresora reads every field the file carries rather than the handful a summary needs. The library keeps growing: if one of your banks sends something that is not in it, we add it.

For corporate treasurers

Your group’s cash position, before the first cut-off of the day.

You are the one who has to know the money is in the right account, in the right currency, before somebody’s cut-off passes. Tresora reads every bank the group holds an account with as each statement lands, then sets today’s obligations against the balances that have to cover them. What needs a decision is on one screen. The rest has already been matched.

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Treasury Calendar · today

Due before today’s cut-offs

EUR 5,427,800

Every obligation the calendar holds for today, across every entity in the group.

Scheduled payments: EUR 3,180,400
Loan repayment: EUR 1,465,000
Interest on drawn credit: EUR 402,400
Rate swap settlement: EUR 380,000

Still to fund before today’s cut-offsEUR 1,241,800

Closes nextMadridAug 14, 2026, 16:00 GMT+2

Obligations booked in another currency are shown at the group’s published rates for the value date.

The first hour

How do I get one cash position across every bank in the group?

The statements do not arrive together. One bank posts before dawn, another mid-morning, and one sends nothing at all until somebody calls it. A position that waits for the last file arrives after the first decision has already been made.

Reading starts at the first file, not at nine: Each statement is read, matched against the ledger and folded into the position as it lands. The figure you open at eight is the figure as of the last file that arrived, and the screen says which one that was.
An account that has not reported is named, never averaged: The count of accounts still sitting on yesterday’s close is on the same surface as the total, not in a footnote. A figure that quietly assumes the missing accounts did nothing is the one that fails you at the cut-off.
The moment and the rates travel with the number: A group figure in euros is a translation, so it carries the instant it was read and the published rates it was translated at. Where a pair has no rate for that date, the line is declined on the surface instead of guessed.

Where the morning position lives

The clock

How do I fund a payment run in another country before it closes?

The group’s day does not close once. It closes across 7 hours, in the order the markets run, and money that lands after a cut-off lands tomorrow.

Today’s cut-offs, in the order they close

Cut-off	Due before it
MadridEuro transfers, and the supplier run for the Spanish entities.Aug 14, 2026, 16:00 GMT+2Due before itEUR 2,684,300	EUR 2,684,300
Mexico CityThe peso payroll and the local supplier run.Aug 14, 2026, 12:00 GMT-6Due before itEUR 1,205,900	EUR 1,205,900
New YorkDollar wires, and the funding leg for the American entities.Aug 14, 2026, 17:00 GMT-4Due before itEUR 1,537,600	EUR 1,537,600

To move into the paying accounts

The group is long today. This is money sitting in the wrong account, not money it has to borrow.

EUR 1,241,800

The one that closes first is already funded. The two behind it are not, and neither of them closes on Madrid time — which is the whole reason a group treasurer watches a clock rather than a balance.

Before anything leaves

Tresora builds the file each bank takes and instructs your banks on your behalf. Nothing leaves an account without the approvals you set, and the funds stay in your own accounts throughout.

How the money actually moves

What is left

Which of today’s exceptions actually need me?

Matching runs continuously against the ledger, against the payment orders and against both legs of every internal movement. What survives it is a short list, and that list is the only part of the day that is genuinely yours.

This morning, across the group

Statement lines still unmatched: 33; Out of 1,284 read across the group today.
What those lines are worth: EUR 318,400; Movement waiting on its other side, not a difference anybody has to explain yet.
Accounts still on yesterday’s close: 3; Named on the position itself, so nothing about them is quietly assumed.

A line the ledger has not posted yet: The bank has it and the ledger does not. It sits as movement in transit rather than as a break, and it closes itself the moment the entry arrives.
A payment the bank confirmed under its own reference: The confirmation comes back with the bank’s number rather than yours. The order it belongs to is found from the amount, the date, the account and the counterparty, and the evidence behind that decision is kept.
An internal movement where only one side has moved: One company has paid and the other has not received. Both legs are held together, so it is one open item for the group rather than two unexplained lines in two ledgers.

None of these arrives as a mystery. Each one comes with what it was compared against, the explanations that were weighed and the score each one got — so the decision is yours to make rather than yours to reconstruct.

What changes

What does the first hour look like once this is running?

The work does not disappear. It changes shape: you arrive at a position that is already assembled, and spend the hour on what needs a decision.

One screen instead of every bank’s portal: Every account the group holds reports into the same position, whichever channel and format its bank uses — SWIFT, EBICS, host-to-host or the bank’s own API, in MT940, CAMT.053, BAI2 or CSB43. If one of your banks sends something else, we add it.
The obligations are already beside the balances: Loans, deposits, swaps, credit lines and scheduled payments land on the same day view as the cash that has to cover them, so funding is a decision rather than an assembly job.
A cut-off in another country is on your clock: Every deadline carries the zone it closes in, and the day is ordered by when things actually close rather than by where they were typed. Nothing is missed because a spreadsheet was written in local time.
Tomorrow is not a surprise either: The same reconciled movement feeds the forward horizon, so the weeks you are funding into are built from dated records — an open invoice, a payroll run, a repayment — rather than from last month’s shape.

What you open next

The same day, from the other chairs

Questions

What treasurers ask us first

01How early in the morning is the position ready?: As early as your banks are. Each statement is read and folded into the position when it lands, so the figure is as complete as the files that have arrived — and it names the accounts that have not reported rather than assuming them. There is no batch to wait for and no overnight job to have failed.
02What happens to an account whose bank has sent nothing today?: It is carried at its last reconciled close and counted separately, on the same surface as the total. You see how many accounts that is and which ones, so you can call the bank or fund around them instead of finding out at the cut-off.
03Do I have to wait for the ledger to close before the position is usable?: No. Bank movement is reconciled against the ledger continuously as both arrive, so the position does not wait for a period to be closed. What the ledger has not posted yet is shown as movement in transit rather than left out of the figure.
04How do payments actually leave?: Tresora builds the file each of your banks takes and instructs them on your behalf, along the approval path you configure. Nothing leaves an account without those approvals, the funds stay in your own accounts, and the bank’s confirmation is matched back to the order it belongs to.
05Every one of our banks sends a different format. Does that have to be cleaned up first?: No. They keep sending exactly what they send today, on the channel they already use, and Tresora reads every field the file carries rather than the handful a summary needs. The library keeps growing: if one of your banks sends something that is not in it, we add it.

Bring us one morning.

One day of statements from two or three of your banks, and the payment run you are funding. We will put your own position, your own cut-offs and your own exceptions on the screen.

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Nothing is switched on that you did not ask for, and nothing reaches a bank without the approvals you set.