Overview of X-Tract and its financial challenges
X-Tract is a tech startup that revolutionizes safety at sporting events with an innovative mobile application. Provided to all race participants, this app enables rescue teams to respond much faster in case of an issue on the course. Founded by a developer, X-Tract quickly grew around a strong mission: to make outdoor events safer and better connected.
But like many tech entrepreneurs, financial management – and cash flow in particular – didn't come naturally. Titouan Parand, the founder, admits:
"I don't have a finance background. When launching X-Tract, I had to learn to manage all other aspects of a business, including cash flow."
Before structuring its finances, cash flow was managed haphazardly on Excel, with all the inherent risks of error and lack of visibility.
Urgent needs for clarity and forecasting
The realization was simple: without a suitable tool, managing cash flow became a source of uncertainty and stress.
"Before Okimia, I wasn't managing it, or not very well. I used Excel as a basis, but it was far from reliable or up-to-date."
The main need? To have a clear, reliable, and simple view of cash flow, both for the current situation and for the months ahead. As a leader, Titouan Parand was looking for a solution that could:
- Replace unreliable spreadsheets
- Instill confidence in financial decisions
- Offer an intuitive tool, accessible without accounting expertise
Why Okimia, and how the solution makes a daily difference
Okimia was the obvious choice, thanks to its clear positioning: an intuitive solution, designed for leaders – even non-financial ones – with strong human support.
"What has really changed is that I feel confident. Before, it was a blind spot. Now, I know where I stand. If I have a question about my cash flow, I open Okimia, and I have my answer."
Three aspects of Okimia are making all the difference in X-Tract's day-to-day:
🔍 A clear view of past and current cash flow
Okimia allows you to instantly categorize and visualize all cash flows, providing an at-a-glance understanding of the company's financial health.
📅 Reliable and structured forecasting
By modeling certain cash flows (salaries, subscriptions, etc.), the manager can easily anticipate their cash flow for several months.
🎯 Scenarios for making better decisions
The Scenarios module allows you to test different hypotheses (hiring, grants, investments) and visualize their impact on cash flow.
« I can check or uncheck a future expense and immediately see the effect on my cash flow. This is very powerful for making the right decisions. »
In addition, the Okimia support plays a central role:
« I've always had a responsive contact person, ready to jump on a video call to answer my questions or consider my suggestions. That's truly valuable. »
A tool recommended without hesitation
Today, Titouan Parand recommends Okimia to all entrepreneurs in his network:
« It's super accessible. The entry cost is low, it's quick to get started, and the return on investment is immediately apparent. »
Thanks to Okimia, X-Tract has gained peace of mind, clarity, and financial control. Far from being just a tool, Okimia has established itself as a true co-pilot for cash flow management.