Translucent
- Company typePrivate
- Founded2022
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Translucent firmographics
Firmographics- Name
- Translucent
- Legal name
- Translucent Ltd
- Website
- https://translucent.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Translucent industry classification
Industry- Product category
- Multi-entity accounting software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Reconciliation, Ledgering & Money Movement Ops (Sub-ledgers, Settlement, Reporting) (FSAGALAL)
- akta.pro secondary industries
- Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC), Data Quality, Monitoring & Observability (uptime, latency, reconciliation) (FSAGACAL)
Keywords
Where Translucent is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Translucent business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: Monthly or annual subscription fees for access to the Translucent platform and its applications. Pricing is based on tiered plans with different feature levels.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free 14-day trial with full access to all features |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Translucent product offering
Product offeringCore offering
Translucent is a cloud-based multi-entity accounting platform that connects to existing accounting software (Xero, QuickBooks Online, and Pennylane) and provides finance teams with a suite of apps for consolidated reporting, intercompany reconciliation, group treasury visibility, multi-entity search, budgeting, financial close, deferred revenue, and prepayments. It is built for businesses and accounting practices that manage multiple entities and need a unified financial system of record without replacing their underlying accounting software.
Product overview
Translucent is a CFO super-app and multi-entity accounting platform that solves everyday finance problems for businesses running multiple entities. The platform operates as a platform-plus-modules architecture: it connects to existing accounting solutions (Xero, QuickBooks Online, Pennylane) to create a single system of record, then offers a suite of purpose-built apps built on top of the consolidated data. The core apps include Consolidation (real-time consolidated reporting with P&L, Balance Sheet, Trial Balance), Intercompany (automated reconciliation, matrix, and FX adjustments across entities), Treasury (group cash position visibility), Search (multi-entity transaction search), Live Sheets (Google Sheets sync for live dashboards), Bookkeeping Audit (multi-entity quality control), Budgets (group-wide budget vs actuals tracking), Financial Close (close workflow management), Deferred Revenue (automated schedule management), and Prepayments (automated schedule management). Supporting platform features include Permissions (granular access controls at entity, app, workflow, and transaction levels), Tracking Category Audit (free auditing tool), and Data Dimensions (extending tracking categories with 6 additional dimensions). The platform supports 4-4-5 and standard reporting periods, multi-currency, and group sizes from 2 to 200+ entities.
Differentiator
Problem solved
Functional benefit
Products and services
- Consolidation Real-time consolidated reporting platform that combines multiple Xero and QuickBooks accounts into a unified view, producing automated P&L, Balance Sheet, Trial Balance, and multi-entity financial reports with date filtering, currency conversion, tracking categories, and custom KPI formulas.
- Intercompany Intercompany reconciliation and automation platform for managing loan accounts, AP/AR, and FX adjustments across entities, with automated matching, auto-reconciliation, intercompany matrix, and direct journal posting to Xero and QuickBooks.
- Treasury Group cash management and treasury visibility tool providing real-time consolidated cash positions across entities, banks, and currencies, with customizable views, drill-down to transaction level, and cash position tracking.
- Search Multi-entity search application enabling search across all accounting data including invoices, vendors, descriptions, account transactions, and journal line items, with free-text search, saved queries, and cross-entity transaction lookup.
- Live Sheets
Quantifiable outcome
- Saves 3-5 hours per month per client group on fortnightly reporting
- +3 more outcomes
Companies that use Translucent
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Translucent technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature14 records
Translucent partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- XerocorePrimary integration partner. Translucent connects to Xero to consolidate financial data across multiple Xero accounts. Direct integration with full data sync and bidirectional posting capability.
- QuickBooks OnlinecoreSecondary integration partner. Translucent consolidates QuickBooks Online entities alongside Xero entities, with full support for intercompany workflows, bank reconciliation, and journal posting.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Translucent competitors and assessment
Company assessmentDirect peers
- Float: Float offers cash flow forecasting and budgeting for Xero and QuickBooks users. It overlaps with Translucent's Treasury and Budgets modules for SMB finance teams.
- Fathom: Fathom is a financial analysis and reporting tool that integrates with Xero and QuickBooks to deliver consolidated reporting, KPIs, and dashboards. It is one of Translucent's most direct competitors for the multi-entity SME reporting use case.
- Spotlight Reporting: Spotlight Reporting provides consolidated financial reporting, dashboards, and forecasting built on top of Xero, QuickBooks, and other accounting platforms. It competes head-to-head with Translucent's Consolidation and Budgets apps.
Broad incumbents
- BlackLine: BlackLine is a listed financial close and intercompany accounting automation platform serving large enterprises. It represents the upper-end incumbent for the workflow categories Translucent is building into the SME segment.
- Sage Intacct: Sage Intacct is a cloud financial management platform targeting mid-market multi-entity businesses. It is a broader incumbent serving a similar buyer with a more comprehensive, higher-priced offering.
- Oracle NetSuite: NetSuite is the canonical 'upper bound' cloud ERP for multi-entity consolidation. Translucent explicitly positions itself in the gap below NetSuite, making it the primary alternative Translucent customers are choosing against.
Others
- Dext (formerly Receipt Bank): Dext, the founder's previous company, automates data extraction from receipts and invoices for accountants. It is highly comparable as a sibling fintech built by the same founder for the same Xero/QuickBooks accountant ecosystem.
- Pennylane: Pennylane is a French accounting and financial management platform and an integration partner of Translucent. It is comparable as a regional accounting platform whose users Translucent serves, rather than as a direct competitor.
Emerging players
- Numeric: Numeric is an emerging accounting automation and close management platform with native QuickBooks integrations. It is an emerging competitor in the multi-entity close and reconciliation workflow category.
- Mosaic: Mosaic is a strategic finance platform providing consolidated reporting, FP&A, and metrics for multi-entity businesses. It overlaps with Translucent's consolidation and reporting use cases for scaling companies.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Translucent social profiles
Digital presenceTranslucent compliance and trust
Trust signalCompliance2 records
Translucent financial estimates
Financial estimateRevenue estimate
Valuation estimate
Translucent leadership team
Management profileNumber of profiles
Profiles2 records
Translucent funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Translucent M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Translucent
What does Translucent do?
Translucent is a cloud-based multi-entity accounting platform that connects to existing accounting software (Xero, QuickBooks Online, and Pennylane) and provides finance teams with a suite of apps for consolidated reporting, intercompany reconciliation, group treasury visibility, multi-entity search, budgeting, financial close, deferred revenue, and prepayments. It is built for businesses and accounting practices that manage multiple entities and need a unified financial system of record without replacing their underlying accounting software.
Is Translucent a public or private company?
Translucent is a private company. It is classified as venture growth investor backed and is currently operating.
When was Translucent founded?
Translucent was founded in 2022. It employs 11 to 50 people.
Where is Translucent based?
Translucent is headquartered in London, United Kingdom, in the Europe region.
How does Translucent make money?
One revenue line is on record: saaS Subscription.
Who are Translucent's main competitors?
Direct peers on record are Float, Fathom and Spotlight Reporting. Broad incumbents are BlackLine, Sage Intacct and Oracle NetSuite. Others are Dext (formerly Receipt Bank) and Pennylane. Emerging players are Numeric and Mosaic.
Does Translucent have an API?
No public API is recorded for Translucent.
What industry is Translucent in?
Translucent's product category is Multi-entity accounting software. Its primary akta.pro industry code is FSAGALAL, Reconciliation, Ledgering & Money Movement Ops (Sub-ledgers, Settlement, Reporting), with a secondary code of FSAGAAAC, Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts). Its NAICS code is 5132 and its SIC code is 7370.