Trovata co-founder built a cash-flow platform by mapping raw bank data against ERP systems to create cash-based P&L statements for operators. The work required moonlighting on top of a full schedule, burning him out, but revealed how to make cash visibility simple and actionable.
Chapters
experimented with bank data and I started to look at bank data and map that back to all of our ERP, reconcile all that back. So I could almost have like this cash-based P&L as an operator. And that became the ultimate way of getting insights to the entire quote-to-cash system. So that became a— it practically killed me to build that tool because I was moonlighting on the side of an already crazy schedule. But, but that became a key aspect of how to get the right insights. And that was the early days of starting Trovata. The whole premise of what we have is really steeped around bank data, but then automation of all the workflows to make it really easy to understand where your cash is going, help you forecast accurately.