TrustRadius

IT2 vs. SAP Treasury and Risk Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IT2
Score 9.0 out of 10
N/A
IT2 is one of the ION Group's numerous treasury management systems, this one showcasing high configurability and customizability of workflow with an emphasis on visibility and interactiveness, supporting automation for a wide variety of financial transactions and instruments and available on cloud or on-premise.N/A
SAP Treasury and Risk Management
Score 8.7 out of 10
N/A
SAP Treasury and Risk Management for enterprises provides enhanced cash and liquidity planning, among other treasury management features.N/A
Pricing
IT2SAP Treasury and Risk Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IT2SAP Treasury and Risk Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
IT2SAP Treasury and Risk Management
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
IT2SAP Treasury and Risk Management
Treasury Management
Comparison of Treasury Management features of Product A and Product B
IT2
-
Ratings
SAP Treasury and Risk Management
8.1
1 Ratings
5% above category average
Cash and Liquidity Management00 Ratings10.01 Ratings
Financial Fraud Prevention00 Ratings3.01 Ratings
Treasury Management Payments00 Ratings10.01 Ratings
Bank Account Management00 Ratings10.01 Ratings
Treasury Risk Management00 Ratings7.01 Ratings
Treasury Reporting00 Ratings9.01 Ratings
Liquidity Forecasting00 Ratings9.01 Ratings
Market Data00 Ratings7.01 Ratings
User Ratings
IT2SAP Treasury and Risk Management
Likelihood to Recommend
9.0
(1 ratings)
9.0
(6 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
IT2SAP Treasury and Risk Management
Likelihood to Recommend
ION Group
IT2 Addresses the below problems very well: 1. Cash Positioning.2. Cash Forecasting.3. Bank Account Maintenance.4. FX Deals. Less appropriate for 1. Integration with other transactional applications like Oracle ERP or SAP ERP.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
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SAP
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
Andrey Lokshin | TrustRadius Reviewer
Andrey Lokshin
Senior Financial Analyst
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Pros
ION Group
  • FX Deals.
  • Bank Account Maintenance.
  • Cash Forecasting.
  • Cash Positioning.
  • Bank integration
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
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SAP
  • Trading platform integration and deal processing
  • Market data integration
  • Market and credit risk management
  • Regulatory reporting
  • (Hedge) Accounting for financial instruments
Verified User
Anonymous
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Cons
ION Group
  • Bank integration for payments.
  • Bank account maintenance.
  • Security features like PGP encryption.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
SAP
  • 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.
HM
Haley Mattison
Administrative & Data Assistant
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Likelihood to Renew
ION Group
No answers on this topic
SAP
Customer gets on hold all projects till end of the 2Q 2023. Only support tasks are given.
Andrey Lokshin | TrustRadius Reviewer
Andrey Lokshin
Senior Financial Analyst
Read full review
Alternatives Considered
ION Group
IT2 Addresses the below problems: 1. Cash Positioning. 2. Cash Forecasting. 3. Bank Account Maintenance. 4. FX Deals. 5. Bank Integration.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
SAP
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.
Verified User
Anonymous
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Return on Investment
ION Group
  • Less effort in bank account maintenance.
  • Efficient CASH FORECASTING and Cash Positioning.
  • Optimal FX deals.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
SAP
  • 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
DS
Diva Simon
Data Entry
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ScreenShots