Misys Treasury Management Application Solution Provider
Businesses are facing difficult times and digitalization of cash management processes, adding cash flow visibility, and improving B2B payment security has been on the top of the priority list of treasury and cash management professionals. The costs of outdated processes, the lack of control and visibility to maintain liquidity can be stellar. According to a recent research study of Nomentia, decision-makers understand that improving cash management processes can have a strategic edge and set them apart from the competition. Eighty-three percent of decision-makers at large multinational enterprises agreed that low cash visibility has hidden costs and 63% think that the COVID-19 pandemic has increased the importance of cash, liquidity, transparency, and certainty. That's why 52% of the respondents are prioritizing the adoption of SaaS cash and treasury management solutions with the goals of improving financial compliance, the quality of data and analytics, and enhancing decision-making. If you belong to the group that wants to improve cash management and adopt new solutions, we have collected a list of cash and management solution providers to shortlist and include in your evaluation or RFP processes. Note that we haven't applied a particular order to the list. The goal of this article is to help Their use cases include accelerated ERP migrations, control FX exposures, fraud prevention, or supply chain finance programs. If you are looking for cash management podcasts, Kyriba got you, find the podcast series here. Visit Kyriba's website to discover more about their solutions >> GTreasury's digital treasury management platform provides customers with cloud access to integrated treasury management and risk management solutions. Their solutions include cash management, smart predictions, payments, banking, accounting, financial instruments, risk management, and hedge accounting. Visit GTreasury's website to discover more about their solutions >> In addition to treasury management, Coupa also provides supply chain design and planning, strategic sourcing, contract management, contingent workforce, supplier management, and spend analysis. When it comes to treasury management, they promise that customers will maximize cash, reduce financial risk, and improve operational performance. They have solutions for cash and liquidity management, debt and investment management, forecasting, multilateral netting, in-house banking, risk and exposure management, payments, fraud protection, and reporting. Visit Coupa's website to discover more about their solutions >> Besides treasury management, Calypso provides a variety of financial solutions, such as investment management, central banking, clearing, or capital markets to name a few. Visit Calypso's website to discover more about their solutions >> TIS's cloud software helps companies with bank account management, bank transaction management, bank statement management, business discovery manager, or sanction screening. Like many cash management and treasury vendors, they also provide cash visibility, fraud prevention, payment factory, or ERP integration. Visit TIS's website to discover more about their solutions >> TreasuryPay offers three main solutions: - Instant Ledger for global data transparency - Instant Vision for cognitive enterprise intelligence - Instant Platform for centralized payments and receivables They list consumer goods, financial services, manufacturing, and public sectors as the core industries that they serve. Visit TreasuryPay's website to discover more about their solutions >> ZenTreasury provides its customers with a Treasury Management System (TMS) to manage financial agreements efficiently throughout the entire lifecycle. The core modules include treasury accounting, foreign exchange, corporate and bank guarantees, and loan portfolio management. Visit ZenTreasury's website to discover more about their solutions >> Trinity Treasury Management promises to provide more transparency, more efficiency through automation, and more data quality, and improved auditing acceptability. Their Treasury Insights capture a wide variety of the solutions most treasury and cash management professionals are looking for. Visit Trinity Treasury Management's website to discover more about their solutions >> Serrala's solution areas include AP and AR automation, payments, treasury, and cash visibility, and data and document management. They share insightful articles, videos, whitepapers, and factsheets on their resources page. Visit Serrala's website to discover more about their solutions >> Nomentia is a nordic powerhouse for unparalleled cash and treasury management solutions with over 2000 customers. The solutions include payments, cash forecasting, matching, in-house banking, and bank account management for several use cases. Just recently, Nomentia published a research study on the current state of cash and treasury management in large global multinationals, their challenges and what the future looks like for treasury and cash management development. Learn more about Nomentia's solutions >> Before selecting the vendors, let's take a step back. Make sure that you determine your needs clearly and understand what processes you could improve by adopting new solutions. During this process, include all necessary stakeholders. Once you have found the companies that look like that they fill most of your requirements, we suggest that you would get in touch with them and share your needs and see how they can help you. If you're doing an RFP, we have created a post on tips and best practices to make the most out of your search for the ideal solution. 1. Kyriba
Kyriba is providing cloud treasury and finance solutions for cash and risk management, payments, and working capital solutions. 2. GTreasury
3. Coupa
4. Calypso
5. Treasury Intelligence Solutions (TIS)
6. TreasuryPay
7. ZenTreasury
8. Trinity Treasury Management
9. Serrala
10. Nomentia
How to proceed once you have created a shortlist?
Barbara is working in the marketing department at Nomentia. Previously, she worked in cybersecurity and data integration industries.
Misys Treasury Management Application Solution Provider
Source: https://www.nomentia.com/blog/10-best-cash-and-treasury-management-solution-providers-to-shortlist-in-2021