ABSTRACT TreasuryXpress, the global leader in on-demand treasury management solutions (TMS), received the IDC 2020 SaaS TMS Customer Satisfaction Award across all stages of the brand experience based on the results of IDC's SaaSPath global survey.
- Trusted Brand - Buying/Sales Process - Thought Leadership - Ease of Implementation - Availability of Training - Uptime/Availability - Value -
- and In-App User Guidance.
ABSTRACT Leveraging technology to automate treasury operations brings tremendous cost savings and efficiencies for treasury in the areas of time/staff utilization, reduce banking costs, mitigate risk of errors, and enabling stronger, more profitable cash utilization. Today’s TMS models focus on leveraging lean and nimble digital experiences that create more value for treasury including:
- Smarter integration with enterprise applications using APIs
- Improved efficiencies for internal communications and financial process collaboration
- Greater scalability as digital TMS platforms are generally less expensive to implement, maintain, and grow
When deciding on a new TMS, Alhokair Group sought a single solution that could support its cash, liquidity, financing, investment and risk management needs across domestic and international businesses, and integrate closely with their internal ERP and external partners such as banks. The team reviewed several platforms, many of which provided very strong capabilities. However, given the changes that are taking place both within the business and the markets in which they operate, and the step change being made in treasury to move from manual processes to an automated, best-in-class operation, we were particularly attracted to the flexibility that TreasuryXpress offered. >>>Read more
Every day, Clearsettle receives ~$2.7M in transactions daily into numerous bank accounts across the globe. The ability to track and manage these transactions accurately, make real-time payments back to the merchants while managing our own FX and internal liquidity, was becoming more challenging every day. We did not have an efficient or centralized means to manage these transactions across more than 30 different banking systems. We knew we would soon be facing the perfect storm of high transaction volumes and FX complexity.