TrustRadius review of GTreasury
At Micro Focus we use most of the available modules of GTreasury. We use the Cash Management module, FTs, FI module, as well as, …
Overview
What is GTreasury?
GTreasury in Lake Zurich offers their treasury management system for funds and transfer management, liquidity tracking, customizable accounting rules with ERP integration, and other liquidity management features.
Recent Reviews
Product Details
- About
- Competitors
- Tech Details
What is GTreasury?
GTreasury helps treasury teams become centers of strategic insight that drive decision making and reduce corporate risk. Our integrated SaaS-based treasury management platform offers seamless connectivity and unparalleled visibility into any combination of liquidity, cash forecasting, payments, financial instruments, risk, accounting, banking and hedge accounting activities. With world-class development and implementation teams, GTreasury is committed to meeting the needs of strategic treasury now and into the future. Headquartered in Chicago with offices serving EMEA (London) and APAC (Sydney), GTreasury’s global community includes more than 750 customers and 30+ industries reaching 160+ countries worldwide.
GTreasury Features
- Supported: Treasury Management
- Supported: Risk Management
- Supported: Cash Management
- Supported: Payments
- Supported: Connectivity
GTreasury Video
Introductory Video to GTreasury
GTreasury Competitors
GTreasury Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS |
| Supported Countries | All |
| Supported Languages | English |
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Reviews and Ratings
(13)Attribute Ratings
Reviews
(1-3 of 3)Companies can't remove reviews or game the system. Here's why
GTreasury is one of the treasury tools that meet robust features that are easy to configure for our most urgent needs. Liquidity is a great potential that it has given us, it also helps to execute parameters for maximizing productivity and risk management. We have great support thanks to GTreasury, this guarantees compliance with cash management and correct financial decision making. Specifically, the finance and accounting department relies on GTreasury so that the corporate treasury can be developed with reliable administrative capabilities.
- Maximizing administrative productivity in the accounting and finance department.
- Moderate configuration based on our data supplied with the finance department.
- At no stage have I noticed characteristics that do not favor the company financially in the management of the treasury.
- I do not find any disadvantage in the control of the treasury.
- Positive in risk management.
- Increase in productivity.
November 09, 2021
GTreasury Review - Healthcare
Used by the treasury department for cash and debt management. It addresses our need for daily cash flow forecasting, building out a full-year cash forecast as well, plus managing daily liquidity and debt payments, schedules, and journal entries.
- Straightforward and intuitive
- Reliable
- Works well within our needs
- Improved reporting
- Better ways to handle transaction tagging
- Better bank fee analysis functionality
- Less manual work on a day-to-day basis. Having the daily BAI file feed to GTreasury and into our worksheet is a big time-saver for us.
- The debt journal entries are easier with GTreasury.
- We rely less on the bank reporting options, which are not nearly as robust as the data we get from GTreasury.
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 the installation without a consultant, saving us money.
4
Cash and debt within the treasury group.
3
Proficient in the areas of cash and debt management.
- Automation
- Efficiency
- Useful data for making strategic and operational decisions
- Cash flow forecasting
- Less manual work via Excel
- Better reporting to management
- International payments
- Bank fee analysis
- Bank account management
The treasury department is the primary user. GTreasury is used for daily cash management and payments. Additionally we use the debt, bank fees, accounting, and forecasting modules. In addition to treasury we have several reporting users in various accounting functions who pull reports and transactions information from GTreasury.
- Automated cash positioning and flexible way of viewing cash positions.
- Managing large amount of bank data.
- Reporting.
- Debt/investment/risk management, monitoring and reporting.
- Innovation and development in general.
- Cash flow forecasting.
- Bank administration. The module currently provides very basic bank admin functions, thus there is room for improvement. For example, bank communication letters are generated on an account level and there is no possibility to do it on a bank level. If company signatories change a letter has to be generated and sent for each individual account separately. Secondly, the workflow is a bit clumsy.
- User admin. User admin does everything it is supposed to do but is not very user friendly and it is quite technical. It is an area in which you work on an irregular basis so it is hard to remember what to do and where to navigate.
- Daily cash management process time.
- Data visibility.
- Debt/investment monitoring and reporting.
Simply the best, otherwise we would not have chosen it.