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Carlos Vega
Co-Founder & CEO at Tesorio (Madrona, First Round, Floodgate, Fathom, Y Combinator)
Carlos R. Vega is the Co-Founder and CEO of Tesorio, a pioneering company that specializes in cash flow performance solutions through automation and artificial intelligence. He has been instrumental in developing Tesorio's platform, which aims to enhance the financial operations of businesses by improving the management and forecasting of cash inflows.
Background and Career
Carlos has a robust background in finance, having begun his career in investment banking at Lazard in Latin America. He co-founded a factoring company, Elemento Factoring, prior to establishing Tesorio in 2015. His experience spans various roles, including positions as a financial analyst and business analyst at General Motors Asset Management.
He holds an MBA from the Wharton School of the University of Pennsylvania and a BA in Economics from the University of Pennsylvania's College of Arts & Sciences.123 His educational background has significantly influenced his approach to innovation and product development within the financial technology sector.
Tesorio's Mission
Under Vega's leadership, Tesorio has sought to address the challenges faced by finance teams, particularly regarding unpredictable cash flow. The company's platform leverages AI to automate accounts receivable processes, providing businesses with greater visibility and control over their cash flow management.15 Tesorio has gained recognition as a trusted partner for global enterprises, helping them streamline financial operations and enhance profitability through advanced technological solutions.24
Personal Philosophy
Vega is passionate about using technology to empower finance professionals, stating that "the value of cash is increasing and cash inflows are unpredictable," which makes their mission more critical than ever.4 He emphasizes the importance of resilience and sustainable growth for companies in today's economic environment.
In summary, Carlos R. Vega combines extensive experience in finance with innovative leadership at Tesorio, driving advancements that help organizations optimize their cash flow management strategies.
Highlights
Today, Tesorio was announced as the #1 Rated Accounts Receivable Automation platform on G2. All CFOs are looking to make, save, or find cash, but the secret is starting to get out ⏩️ A/R Automation finds cash under your nose & makes cash flow predictable before your next board meeting.
🧭 Connect to your ERP in 20 minutes (voted #1 here too) 💸 Drive 30% reductions in avg. days delinquent w/in 90 days 🏋️ 5x the number of customers a collector can manage
Just to help connect the dots... we also lead two other categories, Cash Flow Management and Credit & Collections. Combine it all and you have 🔥 Cash Flow Performance 🤩
Thank you, Phoebe C., Diana Soto & Yogesh Bhumralkar for leading our efforts to stay #1! Also, thank you to our customers for spreading the word and sharing your ideas with us 🙏
We all need predictable cash flow to survive and drive the greatest enterprise value. Hear what customers have to say and check out our other awards: https://lnkd.in/eVrUz7Sq
#accountsreceivable #cashflowperformance
Cash flow begins with money coming in the door from your customers. Some CFOs say cash flow takes care of itself while others are maniacal about managing it. Would love your thoughts below… and if A/R isn’t even on your priority list, let us know too in a comment below.
#accountsreceivable #connectedfinance #cashflow
