Solving the Multi-Entity Problem: The Story Behind Translucent | Michael Wood

Heather Smith
38 min readDec 13, 2023

“One way to think of Translucent is a bit like a data warehouse. We’re trying to give our users a single source of truth and break down the walls. They might be using five Xeros or 50 Xeros. It doesn’t matter. They’ve got one set of data, one warehouse of data. Everything in one place”.

– Michael Wood, Founder and CEO at Translucent

Scroll down for a full transcript

Michael Wood truly lives and breathes the title of entrepreneur. Currently, he’s the Founder & CEO of Translucent. His LinkedIn profile reveals he’s also the founder of 4 other companies. The company that you’re likely to know him from is Receipt Bank. Michael was the original co-founder and was there till April 2021, when it was acquired by private equity group HgCapital.

Please be aware I strategically partner with Translucent. I was an early adopter of Receipt Bank and an early adopter of Translucent. I’m sure you will find this interview enlightening!

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Heather Smith

Sharing insights & education about Accounting Apps via this super useful newsletter http://HeatherSmithAU.com people actually look forward to receiving.