The complete solution for managing all types of debts for medium and large corporations.

What is treasury management system

A Treasury management system software aids organizations automate repetitive, routinely manual treasury processes. The Treasury management system mainly encompasses bank account management, cash management, and financial transactions. Treasury management systems give Chief Financial Officers (CFOs) and treasurers the clarity and reporting needed to optimize cash, deliver compliance, oversee investments, manage liquidity, debt, and intercompany loans. By automating these above-mentioned steps, Chief Financial Officers and treasurers can gain higher transparency into cash and liquidity.

It helps to know your company’s cash position, which including currency, and liquidity position, locality, can be tough. But make use of a treasury management system software makes answering those queries simple.



Instead of requiring employees to spend hours of time using disparate tools and data sources to understand the companies cash position, the treasury management system gives the clarity and visibility that is necessary to help strategic business objectives and critical financial decisions.

Track all particulars

The Treasury management system aids trace every particular of the loans like Agreement details, Contract amount, the amount received, the amount paid,  amount outstanding, Terms of the contract, starting date and maturity date, installment due dates, security collaterals, management fees, and expenses incurred, penalties, etc.

Cash Forecasting & Management with a Treasury Management System

A treasury management system software can automate the preparation and reconciliation of a firm’s day-to-day cash position before the business day begins. Visualization of a company’s cash positions through the blend of bank balances and transactions with much-expected cash flows ensures users always have up-to-date, real-time insights into positions across banks, regions, accounts, and entities.

With an accurate cash position as an initial point, it is simple to build and analyze global cash forecasts by day, week, month, or year by leveraging multiple sources of data containing ERP data,  repetitive items, and historical data.

Cash Accounting

A treasury management system can aid to get rid of the tedious effort and error-prone procedure of posting to the general ledger (GL) by automating the GL entry process, creating binary multi-sided entries from the bank, and company internal cash transactions for cash accounting.

Organizations can easily take care of notional and physical cash pools to offer real-time intercompany financial positions, interest calculations, and reporting.


In the end, industry-best treasury management systems completely track financial transactions with complete amalgamation to payments, cash forecasting modules, and accounting. Automatic generation of journal entries, assist of all Enterprise Resource Planning solutions for automated integration with the GL (general ledger), and GL reconciliation makes it simple to comply with industry and internal regulations. 

 

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