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
- Balance Reporting (i.e. Bank Statements) posting and processing
- Funds Transfer Import and Automated feedback process
- Payment execution and bank connectivity
- IHB should be created as a separate module and not be spread out across multiple functions
- CAMT script that is currently used should be replaced by an actual plugin
- Reporting module needs to be more user friendly and allow users to extract larger data sets
- An ability to view a bank statement on-screen w/o extracting it into PDF would go a long way. Different from Balance Explorer.
April 29, 2022
You get what you pay for
- provides accurate cash positioning reports
- transmits and confirms wire files
- Doesn't cost much
- Forecasting
- training on how to use
April 21, 2022
GTreasury as TMS
- Ease of use
- Intuitive
- Customisable
- Helpdesk support
- Bugs
January 24, 2022
Automation of Banking Processes in Real Time.
Score 10 out of 10
Vetted Review
Verified User
- Visibility of transactional data in real time
- Liquidity forecasts
- I don't see any disadvantage in GTREASURY, it is software that can make phenomenal liquidity forecasts in real-time.
- 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.
January 12, 2022
Valuable Cash Tool
- User Interface
- Reports
- Providing Data
- Training
- Implementation
November 12, 2021
[In my opinion, the] luster gets lost when you use it.
- Reporting automates bank balance view(s) by sending daily email recipients.
- [It] includes the GL account coding on the funding templates to automate the posting of JEs for that transaction.
- [It] synergizes bank transactions via a single portal rather than multiple logins for multiple bank platforms.
- [In my opinion,] the main page is not helpful - [it] uses a lot of real estate for not much info and will let you reset the default opening screen to something different or rearrange the view of [the] screen.
- [In my experience,] on the main page, [you] cannot alter [the] view of bank balances. [It] combines all the balances across all accounts into a lump sum number which is not very helpful [in my opinion].
- [In my experience,] email notifications to approvers only happen once at the time of the transaction creation regardless [of whether] the transaction is a future dated wire. Notification should have a reminder closer to the date that the transaction is due [in my opinion].
- [In my experience,] approver notification for transactions in the [queue] only defaults to TODAY, so future-dated wires get missed. To see future-dated wires, [I believe] the approver must go in and alter the date range for the view EVERY TIME. [I feel like] there should be the ability to set a default date range by [the] user.
- [There is] no mobile app. [In my opinion,] this is NEEDED for approvers on the go.
November 12, 2021
[In my opinion,] it works but could be better.
- [The] cash accounting works well.
- [In my opinion, the] reporting functions are not user-friendly and [are] very confusing.
- [I also believe that the] financial accounting module is also not user-friendly.
- Operator security - [In my opinion,] the admin is confusing to set up new groups. Some languages in there were either no longer valid or changed. [Also, I believe that you] cannot disable users unless you move them to disable group. [I feel like it's] a bit weird.
- Customer service support - [I feel it has] gotten better but [I, personally,] hope to see more improvement and timely responses.
- [I believe] the location of certain functions is confusing as well. [In my experience,] I usually have to go to [the] search bar to search for what I am looking for.
- FBAR - [I feel this is] also a bit confusing and hard to find. [In my case,] I had to ask where it is located, and [it was] definitely not where I would have expected it to [be]. I would assume it would be under reporting, but it was under [the] library and then maintenance or something.
November 09, 2021
GTreasury Review - Healthcare
- Straightforward and intuitive
- Reliable
- Works well within our needs
- Improved reporting
- Better ways to handle transaction tagging
- Better bank fee analysis functionality
- 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.
August 09, 2018
GTreasury: a Great Solution and Business Partner
- Customer focused on treasury services with agile system releases and training.
- User friendly system, easy to create reports, worksheets or download data.
- Responsive customer service.
- They are updating their Debt module in October, which is a good thing - listening to customer requests.
- They are expanding the short-term trading platform with ICD to fill the gap on money market transaction processing.
- The adhoc reporting can always be improved.