Translucent
Translucent is a financial technology company offering a CFO super-app that connects to existing accounting solutions to create a single system of record for multi-entity businesses, streamlining financial workflows.
Company facts
- Founded
- 2022
- Headquarters
- United Kingdom
- CEO
- Michael Wood
About
At the heart of Translucent is a mission to empower multi-entity finance teams by providing a cohesive and insightful financial management platform. Founded by Michael Wood, who previously co-founded Dext (formerly Receipt Bank), Translucent was born out of a deep understanding of the frustrations and inefficiencies that arise when businesses operate across multiple entities, often with disparate accounting systems. The vision was clear: to create a 'CFO super-app' that acts as a single system of record, seamlessly integrating with existing accounting solutions like Xero, QuickBooks Online, and Sage. This approach allows businesses to retain their current compliance systems while gaining a powerful overlay for consolidation, reporting, and advanced financial workflows. The company culture at Translucent is driven by innovation and a relentless focus on solving real-world problems for finance professionals. They believe that by automating manual processes and providing a unified view of financial data, they can free up finance teams to focus on more strategic initiatives. Translucent's platform is designed to break down data silos, offering apps for critical functions such as multi-entity search, real-time group reporting, intercompany transaction management, and treasury oversight. The team values collaboration, working closely with users to understand their evolving needs and continuously enhance the platform. They are committed to building a toolset that not only simplifies complex financial operations but also provides the clarity and control necessary for businesses to scale and succeed in an increasingly globalized environment. This dedication is reflected in their ongoing development of new apps and integrations, aiming to provide a comprehensive solution for every aspect of multi-entity financial management.