Treasury Solutions Spotlight
December 2022
TMS part II
In this edition of the Treasury Solution Spotlight, we put the spotlight on various Treasury Management Systems (TMS). This is the second in a series of TMS spotlights for 2022.
Looking back at a challenging time has proven that the basics of Corporate Treasury operations continue to be key. This especially applies to cash visibility and currency management. Treasury Management Systems support corporate treasuries in their core activities. As our clients are diverse and face their own unique challenges and opportunities, so are their requirements for a TMS. In this spotlight we show several systems that are available for different types of organizations and that we regularly come across and implement in corporate environments.
Orchard Finance has a hands-on approach and experience in using, selecting and implementing a wide range of Treasury systems. For more information please contact Ariane Hoksbergen.
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Disclaimer: All spotlights are based on the input provided by the vendors.
Datalog Finance
Company
Datalog Finance provides SaaS or On Premises solutions since 1997, designed to satisfy all present and future needs of corporate treasuries, now fully integrated in the all-in-one Treasury Management System Datalog TMS, present in 100+ countries and used by 6 000+ entities.
Solution
With highly flexible visual configuration (no-code) and powered by AI, Datalog TMS is a comprehensive, all-in-one treasury and risk management system that enables corporate treasurers to manage and optimize their company's liquidity, cash flow, banking communication and other financial activities effectively and efficiently.
Modular, this treasury technology combines best-in-class modules - Payment Factory, Cash and Liquidity Management, In-House Bank, Financial Operations and Risk Management (including accounting) - into a fully integrated platform. It can be deployed in any order and easily integrates with existing financial and operational systems, with minimal disruption to the company's business.
Datalog TMS transforms the treasury department into a genuine strategic partner that contributes to supporting the growth of the company.
SAP Treasury
Company
SAP offers a wide range of functionalities in the finance and Treasury area, which includes an end-to-end processing and integration into SAP and Non-SAP systems. With the SAP Fiori user interface SAP brings great user experiences and simplifies doing treasury business. With SAP Treasury, Olam International Ltd had won in 2021 the best foreign exchange solution in Asia according to Treasury Today.
Solution
SAP Treasury is a modular leading TMS due to its wide range of functionalities, high end process chains, high integration, interface platform and accounting integration into the SAP landscape. Process areas include Treasury & Risk Management with financial instruments for financing, debt management, FX risk, cash management and out of the box service for bank integration with all the financial institutions in the world. The establishment of an Inhouse Bank with SAP latest Advanced Payment Management enables the creation of Payment Factories across multiple SAP and non SAP applications. SAP Machine learning functionalities improves the matching rate in bank statement processing significantly. Additionally, SAP add-ons from BDF are available for daily cash operations, short and midterm Liquidity Planning and delivers a strong Fiori app reporting e.g. for the daily Net Debt and Cash Analysis. The solutions in the SAP TMS environment refer to both SAP ECC and the S/4HANA world. SAP offers the latter as an on premise or cloud variant solution.
Escali Financials TMS
Company
Stacc Escali is a software company and part of the FinTech-group, Stacc. We develop solutions within Treasury-, Liquidity-, Leasing- and Portfolio Management. The software solutions are scaleable and delivered as SaaS and with an app for iOS and Android.
Solution
Escali Financials TMS is a complete treasury solution for management of debt, cash, liquidity, securities, leasing, FX, and derivatives. Stacc Escali’s vision is to deliver the treasury managers autonomous car. Today Escali Financials replaces numerous pages of spreadsheets, manual calculations and input. The system is scaleable and proven by more than 100 clients within shipping, industry, real estate, energy, bank and the public sector. It is possible to only use one module, several, or all modules. The setup is flexible, and you only pay license for the modules and services you need.
Openlink by ION
Company
ION Treasury delivers unique treasury and risk management solutions to organizations of all sizes, offering both on-premises and cloud options. Our award-winning solutions help manage liquidity and mitigate operational, financial, and reputational risk. Together with a global community of over 1,100 clients, we are shaping the future of treasury and risk management technology.
Solution
Best suited for large multi-national organizations with a commodity intensive supply chain or expansive volumes and Risk Management needs. Openlink is a comprehensive enterprise Treasury and Risk Management solution designed for large commodity-intensive corporations that need extensive asset class coverage to support sophisticated portfolios. Openlink provides the most holistic enterprise risk capabilities and advanced analytics across both physical and financial assets, as well as insights on cash and liquidity, all of which support greater market understanding and timely, evidence-based decision-making.
City Financials by ION
Company
ION Treasury delivers unique treasury and risk management solutions to organizations of all sizes, offering both on-premises and cloud options. Our award-winning solutions help manage liquidity and mitigate operational, financial, and reputational risk. Together with a global community of over 1,100 clients, we are shaping the future of treasury and risk management technology.
Solution
Best suited for companies seeking strong controls and standard workflows. City Financials is a configurable Treasury and Risk Management solution designed to provide efficiency around standard treasury practices and is implemented quickly and delivered securely in the cloud. It is a costeffective solution for multinational corporations with centralized Treasuries in need of a strong, standardized control environment. City Financials requires minimal IT support, incorporating pre-configured workflows. It provides a simple logical user experience, easily managed directly within the Treasury operation itself.
Wallstreet Suite by ION
Company
ION Treasury delivers unique treasury and risk management solutions to organizations of all sizes, offering both on-premises and cloud options. Our award-winning solutions help manage liquidity and mitigate operational, financial, and reputational risk. Together with a global community of over 1,100 clients, we are shaping the future of treasury and risk management technology.
Solution
Best suited for large multi-national organizations with configurable enterprise needs. Wallstreet Suite is an enterprise Treasury and Risk Management solution designed for the unique needs of the world’s largest and most complex organizations. It is a highly configurable and scalable solution, offering multi-entity support and real-time information across all asset classes. It also provides advanced analytics for business decisionmaking and key performance measurement.
Salmon Software
Company
With more than thirty-five years of existence Salmon Software is still committed to growth, investment, and innovations. Being a Trailblazer in the sector, Salmon Software offers high-quality expertise & support, vast experience and functionally rich Treasury Management Software supporting a broad coverage of industries and sectors.The support is all inclusive meaning that you pay only for the license, and you are free of charge of the support hours if needed.
Solution
Presently, the company offers all the available financial instruments and activities in the Treasury Management marketplace along with broad instrument coverage and functionality. It has the ability to collect and integrate data from all 3rd party systems and offers real-time data on the client’s individual corporate finances. Salmon Treasurer’s Modules include Cash Management & Forecasting, Intercompany Processing including Intercompany Position Keeping & Multi-Lateral/Multi-Currency Netting, Debt & Derivatives Management supporting all the new Risk-Free Rates, Risk Management, Facility Management, electronic Bank connectivity utilising FTP connection (host-to-host), API endpoints, SWIFT and/or any 3rd party Bureau Service, all cap with dynamic real-time reporting tools supporting flexible Standard Report Library and Interactive Dashboards. Furthermore, you can interface directly with Salmon Treasurer using both inbound and outbound API endpoints giving you the versatility and freedom while pulling data in or out of the system.
Salmon Software
Company
With more than thirty-five years of existence Salmon Software is still committed to growth, investment, and innovations. Being a Trailblazer in the sector, Salmon Software offers high-quality expertise & support, vast experience and functionally rich Treasury Management Software supporting a broad coverage of industries and sectors.The support is all inclusive meaning that you pay only for the license, and you are free of charge of the support hours if needed.
Solution
Presently, the company offers all the available financial instruments and activities in the Treasury Management marketplace along with broad instrument coverage and functionality. It has the ability to collect and integrate data from all 3rd party systems and offers real-time data on the client’s individual corporate finances. Salmon Treasurer’s Modules include Cash Management & Forecasting, Intercompany Processing including Intercompany Position Keeping & Multi-Lateral/Multi-Currency Netting, Debt & Derivatives Management supporting all the new Risk-Free Rates, Risk Management, Facility Management, electronic Bank connectivity utilising FTP connection (host-to-host), API endpoints, SWIFT and/or any 3rd party Bureau Service, all cap with dynamic real-time reporting tools supporting flexible Standard Report Library and Interactive Dashboards. Furthermore, you can interface directly with Salmon Treasurer using both inbound and outbound API endpoints giving you the versatility and freedom while pulling data in or out of the system.
Integrity by FIS
Company
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. FIS ranks #241 on the 2021 Fortune 500 and is a member of Standard & Poor’s 500® Index.
Solution
FIS offers the latest in digital technology to help treasurers manage risk, cash, liquidity, accounting, payments processing, managed bank / SWIFT connectivity and more. The solutions help consolidate data from multiple in-house systems, drive workflow and provide connectivity to a broad range of trading partners including banks, SWIFT, FX platforms, money markets, and market data. The technology is offered in the cloud and supported by a full range of services delivered by domain experts, treasury operations management, SWIFT administration, managed bank connectivity, bank onboarding and integrates with internal systems and external trading partners.
About the Treasury Solutions Guide
Download the Orchard Finance e-book version of the Treasury Solutions guide 2023. A Treasurer's guide to the technology landscape to read later.
In this comprehensive guide you will learn all you need to know about solutions for Treasurers. Whether you are just getting started or you're an experienced Treasurer, you'll find this guide packed with useful tips and information.