It started with a vision to remove barriers for Treasury.
Our Daily Motivation
At TreasuryXpress we exist to remove the technology barriers that prevent our clients from getting their job done effectively and efficiently.
Every day, each employee comes into work to see how they can push the envelope of innovation to deliver solutions and products that help make our clients job easier. Mediocracy is not an option and we strive to deliver the best product, the best services, and the overall best experience to our clients everywhere around the world.
In 2006, after years as a treasurer for several Fortune 1000 companies, Anis Rahal decided he had enough of the time-consuming manual tasks he endured daily. “I had to get through 6 hours of manual work just to be able to do 5 minutes of work that allowed me to think and be strategic. It was very frustrating,” Rahal remembers.
A short time later, Rahal took it upon himself to come up with a solution. “There were a lot of TMS systems existing at the time but they were too much – too much money, too much work, too much time.” Empowered and curious, Rahal started dabbling in Visual Basic, Excel macros, and SWIFT. Before long, he came up with some basic code that allowed him to easily connect to his banks turning his 6 hours a day of drudge work into an automatically generated report that was waiting for him in his inbox every morning when he walked into the office.
“It was such a small starting point, connecting to banks and then reporting,” recalls the founder. As small as it may have seemed, it changed the way he worked – it changed the way treasury would experience technology in the future.
In 2007, Anis Rahal left his role as treasurer and launched TreasuryXpress (originally named Box Automation Solutions). Bringing together core industry expertise in David Lecuyer, Laurent Gigout, and Ace Chaloub, the founding team embarked on the path to bring enterprise-level financial technology to treasurers at companies of all sizes – frictionlessly.
Where We Are Today
Today TreasuryXpress has over 100 clients across 41 countries. Our enterprise TMS suite, C2Treasury, connects to over 10,000 banks worldwide, processes 7 Billion USD in payments per year and manages over 30M transactions in our data warehouse. Headquartered in Paris since inception, we maintain operations in New York, Beirut, and Dubai.
At the forefront of our innovation and growth is our clients. We’ve achieved a 98.5% client retention rate over our 8 years – our first client is still our client. Why? Because we have and will always maintain our promise to deliver solutions and services that put our clients at the forefront – our promise to deliver highly capable solutions that are easy to afford, access, use, and integrate.