Garantme supports real estate professionals in developing their rental and property management activities. In 2020, the company had around 40 employees and sales of 2 million euros. Three years later, it employs 120 people and generates sales of 10 million euros.
This rapid growth has been accompanied by a gradual structuring of the finance team: first Thomas alone to manage the treasury, then the arrival of a CFO, followed by a CFO and an accountant. Today, a team of 4 manages the company's finances, and Fygr has become their daily work tool.
Before Fygr, Garantme managed its cash flow like many SMEs: in Excel. An approach that quickly proved limiting.
"I remember it was quite time-consuming, it took up a lot of our time, and it also required the teams to be trained and fairly proficient with a tool like Excel, which is complex after all," explains Thomas Reynaud.
The problem wasn't limited to wasted time. The very nature of Garantme's business generated a complexity that was difficult to model: the company collected a lot of money on behalf of third parties, insurance companies. Thomas didn't understand its working capital effects, and never really knew to whom the funds collected belonged.
This lack of visibility made forecasting hazardous and complicated decision-making, particularly in a context of strong growth where every strategic choice (recruitment, loans, fund-raising) has a direct impact on year-end cash flow.
In 2020, Thomas Reynaud compared a number of solutions on the market and quickly realized that many of the tools only addressed accounting issues, leaving cash management completely out of the equation.
Fygr stood out for its specific expertise in cash flow management: forecasting capability, in-depth understanding of working capital phenomena, and scenario-based functionalities.
Thomas was particularly impressed by three features:
This functionality has enabled many people at Garantme to access bank data filtered according to the desired level of rights. Operations teams, who need to be notified in near-real time of certain bank flows, are no longer dependent on the accounting team. They have direct access to the information they need, with the appropriate filters.
Taking out a loan, recruiting, raising funds: all these strategic events need to be modeled. With Fygr, Thomas can update his scenarios as the year progresses, and understand how year-end cash flow will behave.
"The functionality I use most as an executive is the scenarios I can project into cash flow."
Beyond its technical power, Fygr brings a visual clarity that changes the game. Even with a well-developed financial culture, Garantme's investors appreciate being able to follow cash flow trends on a clear dashboard, which greatly facilitates collaboration.
The results are tangible. Thomas has gained visibility over his working capital requirements, and now understands the discrepancies between his sales and cash flow - a crucial distinction for effective management.
Fygr has become much more than a simple cash flow monitoring tool for Garantme. It is a vector for structuring and empowering teams.
When the RAF, DAF and accountant joined the company, Fygr was used as an onboarding tool to help them understand the business and cash flow phenomena. Today, they use it on a daily basis, enabling Thomas to concentrate on other strategic priorities.
Support also played a key role, with remarkable responsiveness on the rare occasions when it was called upon, notably for banking integration problems that were resolved very quickly.
For Thomas, the choice is clear: he recommends Fygr to any company faced with working capital issues, especially when payment timing differences create complexity in reading cash flow.
"Fygr in a few words: it's a lot of autonomy for the teams, it's fluidity in our operations and also structure in the understanding of our financial flows."
This transformation has enabled Garantme to focus on what's most important: its growth.