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Source: Thomson Financial, 05 April 2005

Thomson Financial signs four to treasury management system

Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced four new customers have selected Treasura, the first browser-based global treasury management solution as their Treasury platform.

Cadence Design Systems, Inc., Eagle Materials, Smithfield Foods and Tembec will utilize its Web-based global treasury management solution.

Designed to centralize geographically dispersed treasury operations, Treasura offers a value driven solution to companies who need to execute treasury management functions over the Internet.

"Treasura allows customers to access the system "anytime, anywhere", enabling maximum flexibility for their treasury management needs. In addition, because Treasura is a fully-hosted Internet application, users can easily access the system using only a browser and an Internet connection, with no software downloads or installation requirements," said Jim Suttie, executive vice president, Thomson Corporate Treasury Services. "We are confident the flexible, user-friendly technology will fully satisfy the most demanding business needs of an organization, while at the same time it will help to save money by streamlining workflow and minimizing human error."

Stephen Norris, Treasurer for Tembec agrees, "The ability to access treasury functions, such as forecasting functionality, via the Internet affords convenience for employees who are located in offices across the country. Additionally, we like the strong North American presence and Thomson Financial's highly regarded reputation."

Treasura is:

  • 100% browser-based allowing accesses anywhere, anytime.
  • Independent of any software downloads.
  • A global solution that helps centralize geographically dispersed treasury operations.
  • Easy to implement and easy to use - with an intuitive and user-friendly interface.
  • Value-driven - unlike traditional systems, Treasura offers a pay-as-you go plan.
 
   
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