Customers / Carbon capture & carbon-negative materials / Paebbl
Paebbl ran three General Ledgers and couldn’t see its own cash flow. Then they found Light.
Paebbl has moved its group finance operations onto Light, replacing three separate ERP systems with one global platform.
- Customer
- Paebbl
- Industry
- Carbon capture & carbon-negative materials
- Entities
- Netherlands, Sweden, UK, Finland
- Website
- paebbl.com
The company is headquartered in Stockholm, Sweden, with operations across the Netherlands, where it hosts its R&D centre, the UK and Finland.
Paebbl is an industrial resilient company capturing CO2 and turning it into carbon-negative raw materials, on a mission to replace the high-emissions materials used across heavy industry. The company has raised more than $32M to date and is scaling from pilot production toward its first commercial plant, a step that brings its own finance complexity: large equipment orders with 6-12 month lead times, tighter procurement controls, and a finance team that needs to move fast without adding headcount.
Before Light, Paebbl had no shared view of spend or cash. Getting a real-time number meant pulling data from three systems by hand, and basic processes like intercompany invoicing and tax code setup were manual and easy to get stuck on. With multiple entities and huge ambition, the team were on the lookout for a more robust single finance system that could support them as they scale.
“Having three different ERP General Ledgers across our Group made it difficult and time consuming to gain real-time insights and operate efficiently. Too many critical processes relied on manual work. By implementing Light as our global ERP, we’ve transformed how we operate. Giving us real-time visibility into spending and cash flow, streamlining our processes, and providing the confidence to make decisions as we scale towards our first commercial plant.”
Running finance across multiple entities with no shared source of truth?
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