Permobil Puts Treasury in Motion with Atlar

Permobil, the global leader in assistive technology, has chosen Atlar to manage cash visibility and forecasting across eight banks and 25+ entities worldwide.

Built to move, designed to last

For more than 50 years, Permobil has been developing advanced wheelchairs, seating systems, and assistive technology that enable people with disabilities to live more independently. Founded in Sweden in the 1960s by Dr. Per Uddén, the company was built on a belief that still drives it today: that mobility is a right, not a privilege.

That belief has taken Permobil a long way. Today, the company employs 1,600 people, operates in 17 countries, and sells its products in more than 70 markets worldwide. Annual revenues exceed SEK 4 billion.

Complexity that comes with scale

Permobil's growth over the years, including multiple acquisitions, has created a financial structure to match: 25+ entities, six currencies (USD, EUR, SEK, NOK, GBP, and DKK), and eight banking relationships across Europe, North America, and Asia Pacific.

Until now, the finance team managed cash through largely manual processes, with visibility requiring multiple steps across different banking portals. As volumes grew, so did the need for a more modern approach.

With Atlar, Permobil can now see cash positions across all eight banks in real time, automate reporting, and forecast liquidity across entities and currencies with greater precision. As Kadir Kale, VP Group Finance at Permobil, put it:

"As our business has grown, so has the complexity of managing cash across regions and currencies. Atlar gives us the visibility and control we need to support the next phase of Permobil's growth."

The long game

Permobil has spent half a century pushing the boundaries of what assistive technology can do. That same long-term thinking shapes how the company invests in its finance function.

We're proud to welcome Permobil to Atlar. Like Trustly, QIMA, and Mangopay, Permobil is a company built for the long term, and we look forward to supporting the team as they lay the foundations for the next 50 years.

If your finance team is managing cash across multiple banks, entities, or currencies, we'd love to show you how Atlar can help. Book a demo or get in touch with our team.

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