Money moving across your group, checked against your lenders' limits first.
Capallo keeps a running total against each cap in your facility, so a loan to a newly bought company that would take you over stops before the money moves.
In 2023 a US retailer's lenders called a default over an error in three months of figures it had certified to them. See three recent cases
Your controls, on an ordinary Tuesday.
This month's loan to a company the group bought in March. It hasn't joined the guarantee, so the loan counts against the facility's cap, and this one would take the running total over. It stops here, before the money moves, not when the quarter's figures go to the lender.
Illustrative product UI, simplified for clarity.
A rulebook, guards and a logbook,
before money moves across your group.
Watch one transfer go through. The rulebook says what's allowed before the money moves. The guards send it to the people allowed to approve it. The logbook matches it to the bank statement afterwards and chains every step, so a step changed later stops matching the ones after it.
The caps are in the facility agreement.
The money moves from every company.
Your facility caps what can go to companies outside the guarantee, what you can pay out and what you can borrow. The running total against each cap is often rebuilt in a spreadsheet when the quarter's figures are due, while every company lends, invests and pays on its own in between. A bank reconciliation proves the money moved, but it doesn't show it stayed inside the caps, and an approval that arrives by email is only as safe as the email.
A breach surfaces when the quarter's figures go to the lender, after the money has gone.
Every transfer is checked against the caps and your own rules before it moves, stopped if it would break one, and recorded as it happens.
Real cases,
from filings and court records.
We've read 392 public cases from courts, regulators and company filings, mostly in the US, Australia and the UK. Three recent ones, one each for lenders, money between a group's own companies, and payments:
Its lenders said an error in three months of the borrowing base figures it certified to them put it in technical default, including on its debt covenants. They waived it in return for extra reporting and temporary limits on certain payments.
It paid each bill from whichever of its companies had the cash and booked it as a loan between them, with no documents, terms or repayment process. Three years after provisional liquidators were appointed, those loans were still being reconciled, and who gets A$48.4m of sale proceeds turns on them.
A criminal scheme got its staff to send several wire transfers to accounts held by unknown third parties, US$55.7m after recoveries. It said its control over manual wires was adequate on paper but did not work.
Capallo stops a transfer that would take one of your lenders' caps over, records every transfer between your companies with what it is and its terms, and holds payments to new bank details until someone checks them.
Rules that run,
and a record that builds itself.
What sits under each check, whichever company in the group the payment comes from.
Rules that run on every payment
Your limits and approval rules live in Capallo as versioned rules instead of a Word document, and they run on every payment before it goes.
Evidence captured automatically
Each approval is kept with the rules it was checked against and the figures the approver saw, so nothing has to be pieced together at audit time.
Audit trail, built in
Every step is logged in order and hash-chained with SHA-256, and any past decision can be replayed against the rules that applied on the day.
Drift caught between decisions
Limits don’t only break when a payment is made: cash builds up at one bank, or an approval or counterparty review goes stale. Capallo checks current positions against your limits and shows what has drifted, so it doesn’t wait for the audit.
Tamper-evident
by construction.
The record isn't a report you put together at audit time. It's what's left behind when each payment is checked, written in order to a chain where each event carries a hash of the one before it, so a record changed later stops matching everything after it.
Hash-chained
Every event carries the SHA-256 of the one before it. Alter any record and every hash downstream stops matching.
Deterministic replay
Each evaluation snapshots its inputs. Re-run any past decision against its exact policy version and get an identical result, on demand.
Sealed packs
Export a pack for the board or the auditor, with a SHA-256 hash chain over the rules, evidence, approvals and reconciliation.
Here's the same chain in the product: every stage of a decision, who did it, and its hash.
Illustrative product UI, simplified for clarity.
Lender limits first,
then every other way money moves.
The check that keeps each cap's running total also runs on transfers between your companies and on each company's payment run, with one set of rules and one record across all of it.
Lender limits
Every transferLoans and equity to companies outside the guarantor group, dividends, guarantees and drawdowns, checked against your facility’s caps before they happen. A running total against each cap, so a newly bought company that hasn’t signed up as a guarantor can’t quietly take you over. Covenants calculated, with the working shown.
Money between your own companies
MonthlyEvery transfer between your own companies says what it is: a loan, equity, an invoice, a dividend or a pool movement, with its terms. A register shows who owes whom.
Payments from every company
DailyEvery line in the payment file each company’s ERP already produces, checked against approval limits, who may approve, and the payee’s verified bank details. A subsidiary over its limit waits for group sign-off. Failing lines stop and the rest go on time.
Capallo also checks cash moved between bank accounts, money put on deposit, and FX and interest rate hedges, with the same rules engine and the same record.
Every company's supplier run, line by line.
One line in this morning's supplier run, stopped before the money moved. The other 409 still go out on time, and the same rules apply in every company in the group.
Illustrative product UI, simplified for clarity.
Every decision, its own sealed pack.
Ready in a click for the board, the auditor, your lender or a buyer's due diligence: the rules version, evidence, approvals and reconciliation, under one SHA-256 hash chain.
DEC-20260630-0112
- Policy v2.4 · snapshotted
- 4 evidence artifacts
- 2 approvals · SoD verified
- Reconciled to bank
Illustrative product UI, simplified for clarity.
Book a conversation.
30 minutes with the founder. Whether you run finance for a group that keeps buying companies, or advise groups that do, we'll walk through Capallo and see where it fits.
Pick a time directly.
If you already know you want to talk, skip the form. Grab a slot on the calendar, usually the same week.
cal.com/capallo