Approval rules you can read
Set the amount above which a payment needs a second approver. The list shows what that rule would catch this week.
Sample payments.
Every account.
One ledger.
Tessel pulls your bank accounts, cards and payment providers into one live ledger, so no cash goes unseen.
Follow every pound from bank to books.
Each block is a transaction. When money moves, its track lights up and Tessel matches it to the invoice, bill or payroll run it belongs to.
- Card settlements+12,480.20
- Customer invoice 2207+8,950.00
- Cloud hosting, October−3,112.07
- Payroll, October−41,900.00
- Sweep to reserve account−25,000.00
See thirteen weeks ahead.
The ledger rises into a rolling cash forecast built from what you have already been paid, what you owe and what usually repeats.
Close the month without the spreadsheet.
Matched transactions lock into place. What is left over is a short list you can clear before lunch, not a week of tick marks.
Know your cash position before your first coffee.
Every account Tessel can see, in one currency, refreshed through the day. Filter to the accounts you are responsible for and the total follows.
Cash position
Total
Sample data. Converted at fixed sample rates.
Thirteen weeks ahead, one week at a time.
Sample data. Closing balance by week, against a cash floor of £150,000.
The bank line finds its invoice on its own.
Tessel reads the amount, the date and the reference, pairs what it is sure of and leaves the rest for you with a reason.
Bank lines
- Faster payment, ARDEN LTD+8,950.00
- Direct debit, CLOUDHOST−3,112.07
- BACS, PAYROLL OCT−41,900.00
- Card refund, ref 55120+86.40
- Faster payment, MERIDIAN CO+12,480.20
Invoices and bills
- Invoice 2211, Meridian Co12,480.20
- Invoice 2207, Arden Ltd8,950.00
- Payroll run, October41,900.00
- Bill, Cloudhost, October3,112.07
5 bank lines waiting.
Sample data.
How Tessel works
Connect
Link bank accounts, cards and payment providers with read-only access. It takes minutes, not a project.
Match
Every line is paired with the invoice, bill or payroll run behind it, and anything uncertain is set aside with a reason.
Close
Review the short list that is left, approve, and export the month to your accounting system.
Built for the people who sign off.
Read-only connections
Tessel can see balances and transactions. It cannot move money, and connections can be revoked from your bank at any time.
Permissions per person
Choose who sees which accounts, who can approve and who can only export. Your auditor can have a view of their own.
A trail behind every change
Each match, edit and approval records who did it and when, so a question from the auditor takes a search, not an afternoon.
Questions finance teams ask first.
Can Tessel move money out of our accounts?
No. Bank connections are read-only. Tessel shows balances and transactions and prepares approvals, but payments are still released in your bank.
Which banks and payment providers can we connect?
Any account your bank offers through open banking, plus card and payment providers through their own connections. If one is missing, we check it with you during the demo.
How does the forecast know what is coming?
It starts from invoices you have issued and bills you owe, then adds what repeats, such as payroll and rent. You can adjust any week and save it as a scenario.
Does it replace our accounting system?
No. Tessel sits between your banks and your books. Matched transactions export to your accounting system, so the ledger there stays the record.
How long does it take to get started?
Connecting accounts takes minutes. Most of the first week is Tessel learning your recurring payments, so matching gets sharper as the month goes on.
Who on our team would use it?
Usually the finance lead and whoever closes the month. Founders and budget holders get a read-only view of the position and the forecast.
See your own money in Tessel.
A thirty minute walkthrough with your accounts connected in read-only mode.
Book a demoTessel is a concept brand. This button opens Invisio Solutions, the studio that designed and built this page.