Axletree Solutions Inc., the leading provider of SaaS based Swift connectivity and Treasury Automation Solutions, recently announced its new suite of Treasury Management Solutions (TMS), called TreasurYtree.
Axletree enhances its leadership position in value-added bank communication and treasury automation through this state-of-the-art easy to use TMS application suite.
TreasurYtree is a full featured Treasury Management System comprising of several "must haves" along with leading exclusive features. The application suite delivers improved operational efficiency and significant reduction in operational costs.
TreasurYtree operates as a centralized treasury hub that automates treasury management processes thereby reducing manual work. A key advantage that Axletree offers with this product is its ability to integrate with SWIFT and enhance Straight Through Processing. Organizations can achieve real time cash and liquidity management across multiple geographies, business entities and currencies providing complete visibility into their cash positions. One of the unique features of TreasurYtree is a consolidated view of multiple bank accounts with comparative analysis of bank fees paid, allowing for better control and competitiveness. It can also be operated on desktop and mobile platforms.
For customers seeking increased flexibility TreasurYtree can also be accessed through a new mobile app. The mobile app will be available on Apple and Android devices and will include the complete suite of treasury management modules. Individual customers will be able to choose modules and features according to their functional requirements, making it highly customizable.
TreasurYtree features the following modules:
- Cash Reporting: Provides real time global cash positions to facilitate better funding and investment decision making.
- Cash Forecasting: Uses advanced modelling techniques to generate forecasts with greater accuracy and efficiency.
- Funds Processing: Simplifies all aspects of wire transfers and speeds up the process of funds transfers through user-defined custom temp of funds transfep of fufunds transfep of funds transfers through user-defined custom templates.
- Bank Fee Analysis: Generates a centralised bank fee analysis report with the best average rates available and verifies fees charged against contractual agreements.
- Debt & Investments: Allows better transparency and control of debt and investment portfolios with timely and accurate cash information.
- eBAM: Provides a consolidated view off all bank accounts across multiple geographies for better control and management of banking relationships.
- Balance Reconciliation: Integrates with internal ERP systems and automates the balance reconciliation processes.
- In-House Banking: Reduces the costs of maintaining multiple bank accounts through creation and maintenance of virtual accounts for departments under one umbrella parent account.
- Dashboards: Provides a concise and powerful glance at the organisations financial position.
"Axletree continues to bring additional value to the market with TreasurYtree. The new Treasury Management Solution brings a fresh breath of technology & features to banks and corporations around the world. Today, TreasurYtree is already in use by several leading banks and global corporations and we expect to see a significant growth in the New Year".
"Organizations are looking to optimise their treasury operations and there is a need to meet the increase in demand for automated new-age solutions. Axletree is uniquely positioned to offer best-in-class treasury automation solutions as a Bank Communication and Treasury Automation specialist", says Mohan Murali, President, Axletree Solutions Inc.