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400+ Bank accounts now in full view for Better Energy

FinanceKey
Key Results
  • 400+ bank accounts unified into one real-time dashboard
  • 2+ hours saved daily by eliminating manual e-banking checks
  • €1M+ in annual efficiency gains from faster access, smarter liquidity use and fewer overdraft surprises
  • Deployed in weeks, with no changes to ERP or internal systems

Introduction

Better Energy is a fast-growing developer and operator of solar parks across Europe. With operations in 6 countries, more than 400 legal entities, and over 400 bank accounts across 9+ banks, cash visibility was a daily operational burden. What started as a need for basic cash transparency quickly became a transformational shift in how the treasury team works.

Problem

As Better Energy scaled, so did its treasury complexity:

  • Treasury had to manually check hundreds of bank portals each day
  • Access to cash balances varied wildly — in some countries, each legal entity required separate logins
  • No real-time view of cash flow — making short-term planning, reconciliations, and funding decisions slow and error-prone
  • Risk of overdrafts, missed funding windows, and underutilized capital
  • A small treasury team with no automation tools beyond Excel

“We were using Excel and MitID to log into every bank. It took hours every day just to know our cash position.”

Solution

Better Energy chose FinanceKey for its ability to consolidate cash data from hundreds of accounts into a single, intuitive dashboard — without disrupting existing systems.

FinanceKey offered:

  • A single dashboard across all banks and entities
  • Real-time access to balances and transactions
  • A standardized feed of data, no matter which bank or currency
  • Searchable, filterable views by legal entity, region or joint venture
  • The ability to automate alerts, such as low balance notifications
  • API feeds into internal systems for forecasting and reconciliation
  • Name
    Better Energy
  • Industry
    Solar Electric Power Generation
  • Founded
    2012
  • Headquarters
    Denmark
  • Revenue
    €300M

“We didn’t change our internal models. We just started receiving real-time data. We’re no longer logging into banks — we’re using that time to add value. Treasury finally feels in control.”

Jacob Koch
Head of Treasury, Better Energy

Results

Better Energy has dramatically enhanced treasury visibility and efficiency across a complex, multi-entity structure:

  • 2+ hours saved daily — replacing manual bank checks with automated dashboards
  • €1M+ in savings from better interest negotiation, liquidity use and reduced overdrafts
  • Full visibility into all but two bank accounts — live and accessible in near real time
  • Data now supports cash forecasting, VAT tracking, debt optimization and ERP reconciliation
  • Treasury team now acts on data — not just gathers it