Why We Invested in Nilus
We're thrilled to announce our investment in Nilus!
Payments data often comes into an organization from different partners (banks, PSPs, ERPs, etc.) and then lives across multiple systems.
Rarely do those systems talk to each other cleanly or automatically. It is shocking how often data of this kind sits in Excel spreadsheets. This leads to a manual headache for finance teams. It takes time, is prone to human error, and ultimately is an expensive distraction from serving customers.
Not only that, but without a platform to manage this data, companies are losing valuable insights, such as the ability to predict and to forecast.
Enter: Nilus. Nilus is a no-code financial operations platform. With Nilus, you can manage all of your financial data in one place. Nilus’s technology meets you where you are, ledger or no ledger, and provides a “plug-and-play” payments operations platform and workflows for finance teams.
Through Nilus’s connections with providers as well as its ability to digest clunky data files, Nilus transforms your data, allowing you to have automatic reconciliation and reporting, a real-time view of cash, and an audit trail.
At Better Tomorrow Ventures, we’re excited by Nilus’s ability to simplify and amplify the work of overworked finance teams. The founders, Daniel Kalish and Danielle Shaul, have experienced this challenge firsthand and are building the solution they wish already existed. Thanks for the trust in us to support you on this journey, Daniel and Dani!
If you are a fintech, financial service company, marketplace, vertical SaaS provider, or any embedded provider moving money for your clients, get in touch with Nilus! They can save you time, money, and headspace to focus on your customers.
