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
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May 03, 2022
TrustRadius review of GTreasury
- Using GTreasury, our cash management team has 99% of cash visibility daily
- We produce over 10,000 automated accounting entries monthly greatly reducing manual accounting postings.
- We went from numerous FTP connections to 100% SWIFT connectivity with all of our banking partners.
- We are operating at 97%+ success rate for our payments globally using GTreasury.
April 29, 2022
You get what you pay for
- Reduced Manual activity
- Reduced complexity
April 21, 2022
GTreasury as TMS
- Reduce manual activities
- Ease of data capture and calculation
January 24, 2022
Automation of Banking Processes in Real Time.
Score 10 out of 10
Vetted Review
Verified User
- Bank transactions are faster
- Save time with Ade cash statement analysis
- Positive in risk management.
- Increase in productivity.
January 12, 2022
Valuable Cash Tool
- It reduced manual cash reconciliation.
- It enhanced and sped up cash forecasting.
November 12, 2021
[In my opinion, the] luster gets lost when you use it.
- [In my experience, I feel it] reduced data entry from 3x (wire write up, enter in bank platform, create JE) to 1x ([GTreasury] template is selected as the wire "write up" which is in the [GTreasury] platform and includes the GL account coding for automatic posting to the Accounting software).
- [In my opinion, it] reduced data entry risk by utilizing templates that "locked" down wire instructions.
- [I feel that] user adoption is slow due to [the] complexity of usage and navigation of [GTreasury] compared to bank portals/platforms.
- [I believe that the] lack of link in the email (that takes the user straight to [GTreasury]) for approvers derailed user adoption by [the] executives.
- [I feel that the] lack of [a] robust mobile app has deterred adoption by users who travel.
November 12, 2021
[In my opinion,] it works but could be better.
- [In my opinion,] it has caused some added stress to be honest and more work.
- It has reduced some manual activity for our accounting folks.
- It has helped our accounts payable team to also reduce their manual activities.
November 09, 2021
GTreasury Review - Healthcare
- 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.
- Daily cash management process time.
- Data visibility.
- Debt/investment monitoring and reporting.
August 09, 2018
GTreasury: a Great Solution and Business Partner
- 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.