Likelihood to Recommend In my organization, we have replaced all paperwork with this software, for the case of payroll, treasury, or on-demand payment. And from the backend, we have requested to enhance the feature like deductions and reimbursements. So in this way, it comes as a single tool to automate the whole payroll process. Which can be accessed, stored, update, and monitored from anywhere. So the whole organization and communications seem just to be a click away. Since we have switched to the cloud pay for payroll management, a lot of finance things are still there which need to be integrated with this system to make everything intact and altogether but cloud pay, as of now, do not have room to accommodate, and that's an issue to us, as a manager. So it's a request and suggestion as well to consider other finance-related things and try to fit in the same application, I know it's a big ask, but can be tried.
Read full review SAP Risk and Treaury is well suited for corporate industrial use. SAP has accumulted industrial experience of cash management and worth of the 100% money invested cause this fact reduces your time to get ERP treasury project launched as full functional. Needs more customised solution if applied to banks treasury (money market instruments focus, different accounting plan, internal risk management rules). Pricing is the main limitation: available for mostly large corporate and well financed projects but worth every dime spend on it
Read full review Pros Global Payroll Basic Earned Wage Access Global Treasury Service Payroll Efficiency Index Read full review Trading platform integration and deal processing Market data integration Market and credit risk management Regulatory reporting (Hedge) Accounting for financial instruments Read full review Cons Fees Tech support Size restraints Read full review It would be nice if all reports could have the same recurrence options (some reports allow for the date range to be the last full month while others require a specific date range). It is difficult to discontinue some recurring reports that are no longer used. Read full review Likelihood to Renew Customer gets on hold all projects till end of the 2Q 2023. Only support tasks are given.
Read full review Alternatives Considered It allows the feature of flexible payment methods to complete of the payment of termination and the payment to be process on time which is recognized worldwide. The card payment process time is 3 days faster than the normal bank payment process, and you can stop easily. It integrates your payment procedures with a global cash flow solution that ensures the timely payments to regulate authorities like your employees, local authorities or to the third parties.
Read full review Some of the edges I have found are [the] following: Risk universe building support and navigation, Transactions back to back stacking and control on [the] roll out if your logic, Integration with risk and compliance dashboard, ease of customizing reporting dashboards both from the perspectives of treasury transactions along with risk Profiling and risk reporting.
Read full review Return on Investment The positive impact is, a lot of manual work is automated now, which is saving a lot of time and man-hours. Requests and demands can be accessed, monitored, and raised anytime from anywhere. So a lot of dependencies have been resolved. Human resources and all finance is been integrated which is resulting in less work at the desk. Read full review You can see your Loses from each one of your states Simulate the process accordingly different data, that way we can avoid taking risk Consolidated information on one place Read full review ScreenShots