Financial management for companies is usually a complex task and a lot of that involves companies properly compensating their employees and their partners. With treasury management software, companies can effectively manage their liquidation assets related to treasury management. Here are some of the best treasury management systems offered by treasury management software companies available right now.


13+ Treasury Management Software

1. GTreasury

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Rating: 4.1/5

Price: Custom

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2. Kyriba

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Rating: 5/5

Price: Custom

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3. SAP Treasury and Risk Management

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Rating: 4.8/5

Price: Custom

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4. Tm5

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Rating: 5/5

Price: Custom

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5. DocFinance

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Rating: 4.6/5

Price: Custom

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6. MX.3

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Rating: 5/5

Price: Custom

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Rating: 4.8/5

Price: Custom

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8. Trovata

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Rating: 5/5

Price: $1,200/month

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9. Treasury Intelligence Solutions

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Rating: 5/5

Price: Custom

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10. Infor CloudSuite Financials

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Rating: 4.7/5

Price: Custom

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11. Reval

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Rating: 5/5

Price: Custom

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12. ACI Universal Online Banker

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Rating: 4.7/5

Price: Custom

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13. Fusion Treasury

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Rating: 5/5

Price: Custom

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14. Salmon Treasurer

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Rating: 5/5

Price: Custom

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What Is Treasury Management Software?

Treasury management software is financial management software where users manage the cash and liquidities of their companies to compensate their employees, suppliers, partners, and stakeholders. The corporate treasury software is used by the accountants and finance managers of the company users to keep track of the company on its ability to convert cash from liquidation assets as part of financial compliance.

Benefits

Treasury management software allows companies to manage their financial risk concerning liquidity. The software allows companies to track their investments and debts as well as other aspects of financial management. The software is also used by executives of the company to improve their financial strategies of the company by managing financial information through the software’s ability to generate treasury reports and its simplistic dashboard that contains the information that executives need. The treasury management platform also allows companies to share their financial information with their shareholders, board of directors, and business partners which can increase the company’s transparency and trustworthiness. This is especially essential for public companies as reporting their financial information is important and part of compliance with regulation laws on company finances.

Features

Treasury management software should be able to automate the process of cash management within their multiple business entities. The treasury workstation software should also be able to allow users to define financial schedules of the movements of their funds. The treasury software systems should comply with regulation laws and standards on treasury financial management through the software’s compliance management capabilities. The treasury management tool should have forecasting capabilities to help users identify their liquidity trends. The SaaS treasury management software should be able to generate reports on treasury financial information such as cash positions and liquidity. The treasury application software should also provide information for companies to be guided on the risk and opportunities that come with cash management through treasury management.

  • Automate cash management process
  • Define financial schedules on fund movements
  • Comply with treasury regulation laws and standards
  • Forecast liquidity trends
  • Generate treasury reports
  • Provide risks and opportunities related to treasury management

Top 10 Treasury Management Software

1. Reval

Reval provides treasury management software that allows companies to manage their risks through its risk management capabilities. Reval has 419 employees and earns annual revenue of $60.8 million.

2. SAP Treasury and Risk Management

SAP Treasury and Risk Management provide world-class treasury and risk management software thanks to its automated treasury tools that help them manage their tasks and treasury workflows. SAP has 105,015 employees and earns a revenue of $31 billion.

3. Infor CloudSuite Financials

Infor CloudSuite Financials empowers companies with its financial and supply management software that allows companies to manage their treasury assets in its cloud-based software. Infor has 17,000 employees and earns a revenue of $3 billion.

4. Fusion Treasury

Fusion Treasury provides treasury management software that provides better strategic analysis and control for companies with its single, integrated treasury solution. Fusion Treasury is owned and operated by Finastra, which the parent company has 9,063 employees and earns a revenue of $1 billion.

5. ACI Universal Online Banker

ACI Universal Online Banker provides digital banking software for companis to effectively perform cash management effectively in a digital set-up. ACI Worldwide has 5,492 employees and earns annual revenue of $796.3 million.

6. MX.3

MX.3 empowers companies with its treasury software that allows them to cohesively manage their funding and trading processes. MX.3 is owned and operated by Murex, which the parent company has 2,660 employees and earns annual revenue of $385.7 million.

7. Kyriba

Kyriba helps companies activate their management in liquidity that can transform their assets through its treasury management tools. Kyriba has 944 employees and earns annual revenue of $122.7 million.

Openlink allows companies to turn their market volatility situation into a productive business opportunity with its renewable energy trading software. Openlink has 764 employees and earns annual revenue of $110.8 million.

9. Treasury Intelligence Solutions

Treasury Intelligence Solutions’ enterprise payments software allows companies to reimagine their treasury management. Treasury Intelligence Solutions has 150 employees and earns a revenue of $31 million.

10. Trovata

Trovata automates cash management with its open banking software that allows companies to know more about the cash they have as a company. Trovata has 75 employees and earns annual revenue of $10.9 million.

FAQs

Are the focuses in treasury management software always consistent with other similar software?

It depends on the complexity and functionality of the treasury management software. Some software focuses mainly on cash management for small and medium-sized businesses, while other treasury management software focuses on liquidity management for larger companies.

What other software integrates well with treasury management software?

Treasury management software often integrates well with accounting software and ERP software which allows them to organize the financial information for companies to manage their liquidated assets. The software also integrates well with corporate performance management software as they both offer essential information and monitoring of the financial performance of the company.

How much does treasury management software cost?

Pricing for treasury management software is usually customized, with each software offering different subscription tiers that offer more features as the prices increase. Pricing for treasury management software varies depending on the features available and the intended users. Small companies may benefit from low-cost treasury management software while large companies and professional users may benefit from a high-cost treasury management software.


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