TSS November 2020
Treasury Management System
In this sixth Treasury Solution Spotlight, the spotlight is for the second time on Treasury Management Systems. Orchard Finance will periodically publish a new Solution Spotlight for different Treasury topics.
While Treasury departments are becoming more and more strategically oriented, operational Treasury management remains one of the core activities. Treasury Management Systems are around to support corporate Treasuries in optimizing, automating and digitizing a wide range of Treasury processes and to increase the value that Treasury can add to the business. In this spotlight we show several systems that are available for different types of organizations and that we regularly come across and implement in corporate environments.
Orchard Finance has hand-on experience in using, selecting and implementing a wide range of Treasury systems. For more information please contact Ariane Hoksbergen or for some more background on Treasury Management Systems click here .
3V FINANCE delivers expert software solutions to help organizations secure their businesses and control their financial results with respect to regulation and compliance. Our modular platform gives the information needed to effectively execute core and advanced tasks of a Treasury department. Solution Titan Treasury is an expert Treasury Management System that offers financial departments and Treasurers the best functionalities for monitoring and controlling operational market risk (rate, foreign exchange, commodities), credit and liquidity risks. It covers a large scope of derivative instruments (vanilla and exotic), markets (rates, currencies, commodities) and contains the result of years of shared risk expertise with our clients. titantreasury™ is a multi-currency, multi-entity (holding/BUs) Treasury solution in private SaaS delivering global vision of market and credit risk exposures through key risk indicators.
Commerzbank is a leading corporate bank in Europe and an important player on the global capital markets. The bank is active in more than 50 countries and supports large and medium-sized companies with tailored financing, Cash Management, trade finance and Risk Management solutions. Companies benefit from our market expertise and local presences featuring our trusted personal relationship model with extended service levels. Solution TMS is a bank-independent Treasury Management System developed to meet treasurers’ highest requirements. It provides companies comprehensive planning and analysis tools that enables a precise view of the daily financial situation as well as an outlook on future liquidity developments. The booked transactions of bank statements retrieved daily by the individual banks are matched directly with the recorded planning data. Clients can also use TMS to easily process payments and to manage treasury deals. All these advantages can be found on a single platform, which can be accessed via an online corporate banking portal. This means that you are not dependent on complex client-server applications that need to be installed locally. A further advantage is that the system is updated annually, ensuring that it meets current regulatory requirements at all times.
DocFinance produces the most used TMS in Italy. In over 30 years we have installed our TMS in SME with annual turnover ranging from € 20 million to several billion. The DocFinance team includes over 50 technical advisors who train the end user. We have more than 2,500 active clients and 300 integrated ERP. Solution The DocFinance project started in 1987 with a view to integrating clients' administrative tasks and corporate banking services. DocFinance manages CBI, SEPA, SWIFT, ACH and EBICS standards and others. We use the information on budgetary and operational accounting deadlines from the ERP system interfaces to produce a Cash Flow Forecast. This same information helps Treasurers to plan for monthly cash inflows and outflows and CFOs to make the right call. The most important factor in how we implement our projects is the quality of the cash flow provider interfaces. DocFinance also includes a remote banking platform and allows making payments.
Treasury Systems is a leading TMS supplier to corporate Treasury departments in Northern Europe. With our next-generation SaaS we are pushing the envelope to provide Treasury know-how, cost efficiency and best-in-class support to the end-user on a brand new technological platform. Solution Treasury Systems is a next generation cloud-based TMS. Treasury Systems is built for performance, agility and security. We use a modern and clean UI for easy, intuitive navigation and unmatched usability. Our technological strategy ensures a future-proof service for managing risk, accounting, liquidity and reporting on complex financial instruments. Automation is at the core of our system enabling Treasury teams to spend more time on quality analysis rather than heavy administrative tasks. With industry-leading short time to go live enabled by low learning curves, automation and modern cloud technologies we provide a highly scalable, secure and modern experience for our customers
TreasuryXpress was founded in 2007. Today, TreasuryXpress employs just over 50 employees and services 160 clients globally. As a technology-driven company, our strategy is to keep our human capital low and use technology to constantly innovate and improve how we implement and support our clients Solution TreasuryXpress delivers a full suite of TMS modules. We operate the latest software and have no restrictions on development and implementations as a result of legacy software. We aim to provide a cost effective, easy to implement and flexible solution which is both frictionless and on demand. Currently we take on average 12 - 16 weeks to implement a client and all implementation is done by TreasuryXpress with nothing outsourced. We also offer unlimited users, customization, consulting hours and training at no extra cost. This ensures that our customers are utilizing the system to its full potential.