Unlocking Treasury Efficiency to Support Rapid Growth

Founded in the mid-2010s, Swile revolutionised employee benefits by replacing traditional vouchers with a smart card and app that unify meal, gift, mobility and travel perks. Today, the company supports 5 + million users, serves 85,000 corporate clients, and is active in markets including globally.

As Swile scaled quickly, so did the demands on its treasury and finance teams. With dozens of bank accounts, thousands of monthly transactions and multiple internal teams requiring cash-data access, Swile sought a way to streamline workflows, reduce manual effort and maintain strong control while empowering operational teams.

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The Challenge

As Swile’s business matured, its treasury team faced mounting complexity. With 100+ bank accounts and over 10,000 monthly transactions, operational teams such as customer payments (CashCo), accounts payable and FP&A increasingly needed timely, accurate and secure access to cash-data.

Yet, the existing workflows were primarily manual: treasury had to extract, filter and share data with different teams, leading to delays, repeated exports, and a risk that operational staff would not have the live cash-data they needed. In short: the finance team was spending too much time as a service-bureau and not enough time on strategic value-added work.

The objectives were clear: decentralise cash-data access to the right teams, maintain compliance and control, reduce manual effort, and free up treasury to play a more strategic role.

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From Manual Workflows to Shared Cash Intelligence

Swile selected Payflows to centralise cash-data flows and enable differentiated team access. Implementation was smooth, focusing on delivering role-based dashboards and access rights so that operational teams could self-serve data while treasury retained oversight.

For example:

• The CashCo team now logs into a transactions module and filters 300-500 daily payment validations and bank rejections without having to request exports from treasury.
• The Accounts Payable team can import bank orders directly, eliminating up to 2 days/week of manual uploads.
• The FP&A team receives customised exports to analyse bank fees and transaction details independently, instead of relying on treasury to prepare them.

By centralising cash-data and establishing role-specific access, Swile enabled multiple teams to operate more autonomously, cutting internal friction and making treasury more of a strategic partner.

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The Impact

The results speak for themselves. With autonomous data access in place, Swile’s treasury team freed up 3+ days per week of their time.

Operational teams gained faster, more accurate visibility into their relevant cash flows, enabling them to react more quickly to issues such as payment rejections, bank orders or fee anomalies.

Treasury regained bandwidth to focus on higher-value activities: cash-flow optimisation, scenario planning and strategic insight rather than routine data extraction and manual reporting.

In short: Swile transformed a dispersed, manual cash-data model into a shared, transparent, efficient workflow — one aligned with the pace of its business growth and finance maturity.

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Looking Ahead

As Swile continues to scale its platform across new countries, expand into new benefit categories (mobility, travel, corporate expense) and deepen its operational footprint, its finance infrastructure now matches that ambition. With cash-data workflows streamlined, teams empowered and treasury freed up for strategic work, Swile is well-positioned to support its next growth chapter — enabling a better world of work for employees and delivering on its mission with operational peace of mind.

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