THE CHALLENGE
Enabling financial clarity for a data-driven health tech scaleup
Natural Cycles is the leading women’s health company behind the first and only FDA-cleared and CE-marked birth control app. Backed by science, the app uses a proprietary algorithm to analyze temperature data and determine a user’s daily fertility status—offering a hormone-free, non-invasive method for preventing or planning pregnancy. Today, Natural Cycles is trusted by over four million registered users worldwide.
Following a $55 million Series C round in May 2024, the team set their sights on global expansion. But with operations across several markets and a range of banking partners and payment platforms across multiple regions, treasury complexity increased—and real-time visibility into cash positions became increasingly difficult.
Manual bank logins, exports, and reconciliations created time-consuming work for the finance team, making it harder to deliver accurate forecasts or initiate payments efficiently.
“We needed a solution that gave us real-time insight across all our banks and markets,” says Tina Karlsson, Head of Group Accounting at Natural Cycles. “We also wanted to automate processes wherever possible so we could focus on strategic decision-making, not manual work.”
THE SOLUTION
Connecting banking, payments, and ERP in one cohesive flow
To gain better control and visibility over its treasury operations, Natural Cycles turned to Atlar. The team selected Atlar as its global partner for cash management, payments, and bank connectivity—powered by a native integration with Microsoft Dynamics 365 Business Central.
Using the Atlar app available on Microsoft AppSource, the Natural Cycles finance team fully automated bank statement feeds and payment runs directly from within their ERP.
Through Atlar, the team achieved:
- Real-time cash visibility across 6 banks and platforms, including API-based connections
- Direct integration with Business Central for automated reconciliation and execution
- Centralized payments and cash forecasting across markets
- Scalable infrastructure to support international expansion
“Atlar gives us more than just data aggregation,” explains Afeworki. “It gives us an operating system for treasury—one that integrates directly with our ERP and supports the automation and insight we need at our stage of growth.”
THE RESULT
A finance function built to scale with the mission
Today, Natural Cycles operates with full transparency into its global cash position—regardless of currency, bank, or market. Forecasting, reconciliation, and treasury payments are no longer constrained by manual work or siloed systems.
Key benefits include:
- Improved decision-making: Finance leadership now has real-time access to accurate liquidity data across the business.
- Time savings: Automated reporting and payment workflows reduce time spent on manual tasks.
- ERP-native treasury: Deep integration with Business Central keeps processes streamlined and scalable.
- Support for international growth: With real-time visibility and automation in place, the team is well-positioned to expand into new markets.
Natural Cycles’ story shows how a modern treasury setup can give finance teams the visibility, automation, and scalability needed to support global growth—while staying focused on their mission.
Looking to modernize your treasury like Natural Cycles? Discover how Atlar can help you automate payments, gain real-time visibility, and scale with confidence. Let’s talk.
