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Reval vs. Stitch Labs (discontinued)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Reval

    Score9 out of 10
    N/AReval is a treasury and risk management platform allowing users to manage cash, liquidity and financial risk. Developed by the company Reval, the software and company were acquired by ION in 2016.N/A

    Stitch Labs (discontinued)

    Score7.3 out of 10
    N/AStitch Labs was an inventory management software that included features such as multichannel selling and inventory control, with order and fulfillment management for retail. It was acquired by Square in July 2020, and new customers are no longer being accepted.N/A
    Pricing
    RevalStitch Labs (discontinued)
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    RevalStitch Labs (discontinued)
    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
    User Ratings
    RevalStitch Labs (discontinued)
    Likelihood to Recommend
    9.0
    (1 ratings)
    1.1
    (5 ratings)
    Usability
    -
    (0 ratings)
    6.0
    (1 ratings)
    Support Rating
    9.0
    (1 ratings)
    5.0
    (3 ratings)
    User Testimonials
    RevalStitch Labs (discontinued)
    Likelihood to Recommend
    Ion Group
    Reval is suited to a large number of transactions across a disaggregated business. It may not be well suited where especially complex derivatives and highly stylized reporting are required.
    Incentivized
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    Discontinued Products
    I can't recommend Stitch Labs as it was discontinued as of June 2021 (after being purchased by Square). All existing users have had to move off the platform and it they are not taking new customers. Square has said they are going to relaunch a new version of Stitch Labs possibly sometime in the future, but release date and features have not been announced.
    Incentivized
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    Pros
    Ion Group
    • Automates liquidity management via bank account interfaces across a large number of global bank accounts
    • Enables decentralized access and management at, local, regional, and global levels
    • End-to-end tracking, reporting, accounting, and settlement of all derivative and financial trades.
    Incentivized
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    Discontinued Products
    • Inventory management.
    • Order management.
    • Reporting and analytics.
    Incentivized
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    Cons
    Ion Group
    • The user interface is not as fresh or pretty as some competitors, but is nonetheless very functional.
    • Advanced report-writing likewise is not as simple as some competitors, however once set up, reports are usually easy to modify.
    Incentivized
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    Discontinued Products
    • Reporting does not work for multiple currencies.
    • There is often a lag when syncing products.
    Incentivized
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    Usability
    Ion Group
    No answers on this topic
    Discontinued Products
    I think the usability of SL is seamless comparable to other systems that we have and still have. I think the user interface could be better in some aspects, but also has improved the way we do business. Once you get around the brief learning curve SL tends to be easy to use and navigate.
    Incentivized
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    Support Rating
    Ion Group
    They are usually prompt and reliable. Occasionally, we have time difference issues as support is often offshore some local staff turnover since ION acquired Reval, but this has been managed.
    Incentivized
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    Discontinued Products
    We originally had phone support but when Stitch Labs updated the pricing they removed phone support from our service tier. It was very frustrating. We used their email contact and the answers were fine but sometimes it takes too long to try to solve something over email when you want to just talk to someone and get a quick answer.
    Incentivized
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    Alternatives Considered
    Ion Group
    GTreasury acquired Visual Risk (which was an alternative product), but we preferred Reval for processing grunt (albeit GTreasury/Visual risk had an easier user interface). Have used Sungard/Quantum previously, however, I haven't looked at it recently.
    Incentivized
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    Discontinued Products
    I have not researched other alternatives as this solved my problems.
    Incentivized
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    Return on Investment
    Ion Group
    • Excellent ROI in terms of being able to scale volume and complexity without adding headcount
    • Excellent ROI in terms of automation
    • Much more timely and effective management of key financial risks facing the business
    Incentivized
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    Discontinued Products
    • We had to migrate off this system which was not ideal after being discontinued
    • Was a simple to use medium price range solution to scaling businesses
    • UI/UX was intuitive and was easy to train employees
    Incentivized
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    ScreenShots