Advertorial

By Thomas Leitch - Vice President Strategy, Treasury Express

A New Treasury Management UX is Here - Isn’t It About Time?

Tired of User-Unfriendly Treasury Management Systems?

We have a better solution.

From enterprise TMS to a la carte treasury management products and APIs, TreasuryXpress’ frictionless and on-demand TMS user-experience makes it easy to automate and scale treasury operations.

Over 125 treasuries worldwide have chosen TreasuryXpress as their partner because of our unique easy-to-implement, easy-to-use, and easy-to-afford treasury management solutions.

Achieve Cash Visibility with Zero Implementation Costs

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CLIENT-CHOICE DEPLOYMENT

Clients can choose the delivery method that fits best with their unique technology culture.

  • On-Premise
  • Multi-Tenant SaaS
  • Single-Tenant SaaS
  • Direct-to-Private Cloud
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MULTIPLE PURCHASING OPTIONS

From a la carte APIs and standalone products to a full TMS suite, we have a solution for very need.

  • C2TreasuryTM
  • C2Treasury LiteTM
  • The TreasuryXpress Store
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ON-DEMAND PRODUCT ACCESS

Built for speed and convenience, clients can access the solutions within an hour of registration and can fully deploy between 2 – 8 weeks.

  • Rapid implementation
  • Low and no cost implementation
  • Self-Service set up for Store products

Treasurers have been in limbo for the past decade, waiting for the promised technology breakthroughs they need to transform the way they do business. It’s been a decade since the financial crisis – and resulting global economic downturn that forced treasurers to take a closer look their cash and financial operations and better plan for future contingencies. Over this time, technology has been continuously touted as the solution. Treasury Management Systems (TMS) providers have been promising the power of automation to help treasurers globally to quickly gain control, optimize resources, and plan for scale. But how far have we really come?

Different Day, Same Expectations

Fast-forward to today. Many Treasury professionals are still searching for solutions to address legacy challenges such as bank connectivity, cash visibility, reporting, payment security, and overall operational automation. Moreover, when searching for a solution, treasurers unfortunately have the same assumptions about treasury management solutions as they did in 2007/2008:

  • Costs: TMS’ subscriptions and implementation are expensive
  • Time: Implementations will take months, or sometimes even years
  • Resources: A significant amount of staff time will need to be devoted to this project
  • Downtime: Both the implementation and subsequent user training will result in system downtime
  • Status Quo: Once a solution is in place, for better or worse, it often stays in place – the switching pain is too great
  • Future planning: It will be challenging to modify or to scale as business needs change

Why have expectations remained unchanged? Because despite all the promises, there has been little change in available TMS technology…. until now. Modern Treasury Tech Removes Friction from the Experience and Delivers Business Agility While not much has changed in enterprise technology in the last decade, the personal experience has been radically transformed. Consumers expect on-demand accessibility, intuitive interfaces, rapid transactional processing, scalability, and seamless integration with other systems/technology. Those expectations are increasingly converging with enterprise aspirations and treasurers are beginning to expect the same from their TMS.  Contemporary TMS solutions, leveraging enterprise web services and APIs, makes it possible for treasurers to get what they need: solutions that are instantaneously available, easy to understand, highly affordable, and fast.

Rules of thumb for a frictionless treasury technology:

  • The TMS should be reasonably priced and easy to purchase. If it is not, your TMS provider is passing along their cost of maintaining legacy, outdated technology onto you.
  • Bank connectivity, shouldn’t induce headaches.
  • Simple treasury tasks should be easy to automate.
  • Access and implementation should be inexpensive, rapid, and on-demand.
  • Scalability should be simple and intuitive – you shouldn’t experience major growing pains.
  • Integration of your TMS should economic, secure, and easy to accomplish with APIs.

Is the Market Ready?

At TreasuryXpress, we’ve found that our customers want solutions that are highly capable – but equally important they should be simple, fast, affordable, and scalable. Using a frictionless, agile TMS model, solutions we are in a perpetual state of development and innovation, giving our clients the peace of mind that their chosen solution will grow and scale along with them. “At Ancestry, good technology is important to us. A major reason we selected TreasuryXpress was because we knew that we would not experience a lot of growing pains with them as we scale our business over the next few years,” says Sam Peay, Senior Treasury Analyst at Ancestry. “I believe, TreasuryXpress, with their frictionless TMS model is a real sweet spot for us and the market at large where solid, clean technology intersects with affordability and advanced capabilities.”To be strategic, one needs to be nimble. Contemporary TMS solutions that incorporate enterprise web services and APIs removes the friction and barriers to automation. This approach translates into a low-cost business model that help treasurers quickly deploy highly configured systems – freeing up more time to focus on strategy and business transformation. Frictionless treasury is here – isn’t about time?

 

Cash Management and Visibility | Liquidity Management & Working Capital | In-House Banking | Payments Management & Security BAM/eBAM | Self-Service Custom Reporting | Automated Daily Operations | Payment Validation and Messaging API

Visit www.treasuryxpress.com to learn how you can optimize and economize your treasury operations with our frictionless treasury management experience.

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