Embat alternatives
Embat is a cloud treasury management platform for medium-sized and large companies, covering real-time cash positions, forecasting, bank and PSP reconciliation and payment execution, with an AI agent called TellMe. Founded in Madrid in 2021, with offices in London, Berlin and Munich, it raised a €30m Series B in May 2026.
Teams comparing it usually look at Panax and Round Treasury for cash visibility and treasury, and at close and reconciliation tools such as BlackLine, FloQast and Numeric.
What Embat does
Cloud treasury management platform: real-time cash positions, forecasting, bank and PSP reconciliation, and payment execution, with the TellMe AI agent.
- Founded
- 2021; Madrid, Spain, with offices in London, Berlin and Munich
- Funding
- Series B, €30m (May 2026)
- Customers
- Wallapop, Fever, SeQura and Parlem
- Pricing
- Quote on request; priced to the modules selected
Alternatives in Financial Close and Reconciliation
48 other vendors in this category. Vendors with an Accountio profile are shown first; the rest of the directory follows.
Close checklists, reconciliations, flux analysis, compliance and audit workflows, with an AI layer the company calls the Accounting Transformation Platform. It works on top of the ERP rather than replacing it, which is why the integration list below decides whether it fits.
Founded 2013 · HQ Los Angeles, US
General ledger and ERP connections.
Enterprise close automation for reconciliations and journal entries.
Founded 2001 · HQ Los Angeles, US
BlackLine profile →
Close data linked to filings and regulatory disclosures.
Founded 2008 · HQ Ames, US
Workiva profile →
Contract terms driving billing, collections and revenue recognition.
Founded 2023 · HQ New York, US
Tabs profile →
AI-powered close management with variance detection and audit prep.
Founded 2020 · HQ San Francisco, US
Numeric profile →
AI layer that sits above existing ERPs to automate close activities.
Founded 2024 · HQ San Mateo, US
Maxima profile →
AI agents automating reconciliation and close tasks.
Founded 2024 · HQ London, UK
Stacks AI profile →
AI platform for lease accounting, revenue recognition, and audit workflows.
Founded 2019 · HQ New York, US
Trullion profile →
ASC 606 revenue recognition for complex contract structures.
Founded 2020 · HQ Austin, US
RightRev profile →
AI multi-entity consolidation and close on top of your ERP.
Founded 2023
Nominal profile →
AI cash visibility and forecasting across multi-entity groups.
Founded 2022 · HQ Tel Aviv, Israel
Panax profile →
Treasury for startups managing cash, yield and runway.
Founded 2021 · HQ London, UK
Round Treasury profile →
Group consolidation and intercompany on top of Xero and QuickBooks.
Founded 2022 · HQ London, UK
Translucent profile →
AI agents that run month-end close and reconciliation, with your team approving.
HQ Palo Alto, US
Billow AI profile →More financial close and reconciliation vendors in the directory
How to choose
- Which ERP or general ledger do you run, and does the tool connect to it directly?
- Where does the close slow down: reconciliations, journal entries, the checklist, consolidation or reporting?
- Do you want software that organises the close for your team, or AI agents that prepare reconciliations and entries for review?
- What review, sign-off and audit trail do your auditors expect?
Compare further
Common questions
What are the main alternatives to Embat?+
Panax and Round Treasury are the closest treasury and cash visibility alternatives. BlackLine, FloQast and Numeric cover reconciliation and the wider month-end close.
What does Embat's TellMe agent do?+
TellMe works in silent, guided and ask modes to handle categorisation, reconciliation, forecasting and posting to the general ledger.
How much does Embat cost?+
Embat does not publish list prices. Its platform is modular, and pricing is quoted on the modules a company selects.
Part of Accountio’s accounting technology coverage.
