THE CHALLENGE
Rapid expansion created a treasury workload that couldn’t scale
Liberis is a leading embedded finance provider offering personalised funding through more than forty partners worldwide. Since 2015, the company has supported over 50,000 small businesses and delivered more than three billion US dollars in funding. With growth across fifteen geographies, its treasury footprint expanded just as fast as the business itself.
What began with a single partner soon became more than one hundred bank accounts across multiple providers. Each came with different portals, controls, and reconciliation processes. Daily cash-position checks took around two hours. Payments required navigating a patchwork of logins. Reconciliations were slow and repetitive.
“For a business like ours, cash is the lifeblood,” says Finance Director Sean Fanning. “The old setup just wasn’t scalable. Reconciling a hundred bank accounts was incredibly painful.”
As Liberis continued entering new markets and launching new partner programmes, the team knew the existing approach would increasingly hold them back. They needed a setup that could support growth, not constrain it.
THE SOLUTION
One platform for visibility, payments, and daily control
Liberis chose Atlar to modernize its treasury operations and bring its entire banking landscape into a single platform. The priority was clear: consolidate visibility, standardize payments, and reduce manual work while maintaining strong controls.
“The ability to integrate with all our banking partners was critical,” Sean explains. “We wanted to see all our cash in one place, make payments securely, and use a platform that would grow with us.”
Atlar’s implementation approach also played a key role.
“There were other providers, but the hand-holding through the process was fantastic. And the commercials made sense. Doing this manually would have meant hiring more people, which would have been far more expensive.”
With Atlar, Liberis centralized balances, transactions, and reconciliations. Payments moved into a single workflow with consistent approvals. The platform also provided a foundation for improving forecasting across a complex, multi-entity structure.
THE RESULT
Clearer insight, faster processes, and a team focused on strategy
Since going live, Liberis has transformed how its finance team works. Daily cash reporting now takes minutes instead of hours, saving more than 500 hours a year. Reconciliations that once required accessing multiple portals now happen in one place with full confidence in the data.
“We’re now confident that Atlar is correct,” Sean says. “Reconciling a hundred bank accounts in one place versus our accounting system is a massive time-saver.”
Payment execution has also become far simpler.
“It’s incredibly painful logging into different banks to make payments. With Atlar, we can do it all in one place with the same security and approvals. It just makes everything easier.”
Most importantly, the treasury team now has meaningful time for forward-looking, strategic work. Instead of spending mornings gathering data or troubleshooting logins, they can focus on forecasting, liquidity planning, and supporting new market launches.
“Atlar helps simplify the complexity of our global footprint,” Sean says. “We’re excited about the continued improvements, especially as we focus more on automated forecasting.”
Liberis wanted a treasury function that matched the scale and pace of its business. With Atlar, it has gained the clarity, efficiency, and control needed to support its next phase of global growth.
Discover how high-growth finance teams gain control and save time with Atlar. Reach out or request a demo.
