How Verde Health runs six entities from one treasury

The challenge

Verde Health operates diagnostic labs in Portugal, Spain and Morocco through six legal entities. Each entity had its own bank, so the group controller rebuilt a cash position every Monday from statements and spreadsheets.

Reserves sat idle in operating accounts, intercompany transfers took days, and preparing cash schedules for the annual audit consumed three weeks of the finance team’s time.

Why they chose Saro

Verde needed one view of cash across entities, instant transfers between them and a safe way to earn on reserves without locking up money the labs might need for equipment or payroll.

The setup

• Separate Saro accounts for each entity, grouped in one panel

• Instant intercompany transfers with approval rules per entity

• Treasury sweeps that keep four months of costs liquid in each entity

• Saro AI answering cash and variance questions for the leadership team

The results

In its first year, Verde earned $310,000 in Treasury yield on reserves that previously earned nothing. Intercompany transfers settle instantly, and the Monday cash meeting now starts from a live dashboard.

Because every movement is logged with its approver, audit preparation fell from three weeks to four days.

What’s next

Verde is opening two labs in 2027 and plans to set up each new entity in Saro on day one.