amnis offers a solution to process one-time and recurring payments via local and cross-border payment rails at minimum cost, ensuring suppliers receive their full due amounts. The solution includes multipay and file upload features, simplifying mass payments.
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GTreasury
Score 8.4 out of 10
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GTreasury offers their treasury management system for funds and transfer management, liquidity tracking, customizable accounting rules with ERP integration, and other liquidity management features.
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Pricing
amnis
GTreasury
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
amnis
GTreasury
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
amnis
GTreasury
Considered Both Products
amnis
Verified User
Anonymous
Chose amnis
PayPal is a great wallet, but unfortunately, the high costs didn't make sense to me. It also didn't really solve my forced currency conversion problem, as PayPal doesn't allow you to send foreign currencies to your bank. amnis is the better solution for these purposes. I've …
Simple and far more user-friendly than most other TMS applications I have used in the past. Very strong core TMS foundation and functionality. Addressing some of the known issues and shortfalls would go a long way in taking a much bigger market share from some of the other …
[In my opinion, GTreasury] seemed like it would be more robust than it [actually] is. [I feel that] the "user" screens are much less attractive than the sales pitch. [I believe that the] navigation and set up is harder than it needs to be which makes users not like it.
I have used Orbit and Kyriba in the past. Orbit from [a] previous company. It was fairly user-friendly even though it does not have all the bells and whistles. What I liked most about Orbit is the customer service. Everyone was very responsive. We chose GTreasury because we …
We liked the commitment GTreasury made regarding onboarding assistance plus the cost was reasonable and the functionality fit our needs. GTreasury also was focused on being there for their clients with the onboarding and also any daily assistance, which allowed us to manage …
amnis is well-suited for companies that have any kind of global involvement: As soon as you deal with more than one currency, amnis can really help you organise your finances and decrease associated costs, which come with traditional banks. For instance, with amnis I am able to pay US companies as if I had a bank account in the United States. The same is true for many other regions. I finally don't have to use the SWIFT network anymore. Recently, I have started using their multi-currency debit cards. The card directly books the right currency (no forced currency conversions). amnis is likely not well-suited for companies that operate only locally in their own currency.
It is well-suited for providing information about what cash is available and its future outlook of it. It helped us to link the multiple bank accounts that we have globally into one consolidated location. We were then able to ensure that we had the cash required to meet the various business needs that we have.
[I feel] it's too hard to use and navigate around [and] very difficult to manage/administer. We may keep it because [I feel] we [have] already gone through the pain point and don't want to risk going through that again. Unfortunately, if we keep it, [I believe] it's not because we love it.
It’s relatively easy to use but has a certain learning curve. I recommend new users to first of all cover the basics before going into more advanced tools such as currency hedging.
For me, reporting is very important and I just don't find it very user-friendly. [To me,] the location of certain functions is also confusing which I resort to using the search function. [In my case,] I have had two conversations with two different people in GTreasury and they both also agreed with me on this. They also said to just use the search function. [I believe] a lot of the reporting areas could be updated and made better. [I feel that] unless you have had a lot of training, a user would have a very hard time customizing reports. [In my experience,] even GTreasury employees agreed with me on this one.
Weekly meetings and updates a plus Set realistic timeline expectations Have a good project manager Make sure everyone is following the same time line and dependencies list Keep track of a future state or out of scope list You may need to change the scope and do a project request form change, that's OK if you determine a key function has been missed Don't be afraid to extend the timeline to make sure through testing has been done prior to going live Document set up decisions, how reports and worksheets work, and why certain user codes are or are not in the positioning reports.
PayPal is a great wallet, but unfortunately, the high costs didn't make sense to me. It also didn't really solve my forced currency conversion problem, as PayPal doesn't allow you to send foreign currencies to your bank. amnis is the better solution for these purposes. I've heard, amnis can also be used to circumvent PayPal's currency conversion, which would be great for companies, who are dependent on PayPal.
I have used Orbit and Kyriba in the past. Orbit from [a] previous company. It was fairly user-friendly even though it does not have all the bells and whistles. What I liked most about Orbit is the customer service. Everyone was very responsive. We chose GTreasury because we all agreed it appears to have everything we needed. The demos we received looked great and looked easy to use. The reporting function seemed very robust. The account manager assigned to us at the time, Jake, was great. He was very responsive and helpful. His responsiveness was also one of the reasons why we probably went with GTreasury because we felt like we had someone advocating for us.
Very positive ROI allowing us to take our daily cash target down to 1% of total admitted Assts. Prior to GTreasury we were running close to 20%.
Reduced bank service cost initially by $300,000+ and annually a minimum of $50,000.
Allowed us to maintain and streamline Treasury Staff FTE level, with the ability to train other areas for self service payment research, so the Treasury Analyst can focus on value added analysis tasks.
