The management of the treasury is developing at an unprecedented rate, and now treasurers have to cope with an increasingly complicated business environment to keep a record of their cash and liquidity. Treasury software would be a great help for them as it has the ability to automate all the financial operations efficiently and securely.
Treasury management software smoothens communication between treasury departments and their banking partners which further enables you to see data in real time. In addition, you can use treasury tools to analyze and report data relating to cash management, banking, payments, and accounting all from one place.
As this software is helping many people worldwide to manage treasuries with ease, you must know which are the best treasury software of 2021.
Treasury Software
1. SAP
SAP is one of the most popular treasury software all over the world which has greater control over cash and treasury management. Using SAP, you can minimize financial risk and optimize liquidity management & cash forecasting with its corporate treasury solutions. Additionally, some of its common features comply with global accounting regulations, automate treasury operations, and get real-time visibility into cash positions, and more. 
Features
- SAP treasury software enables you to maximize your capital structure and reduce risks. In fact, it also assists you to integrate transactions, cash flows, market data, and commodity positions. Furthermore, it optimizes straight-through processing with instant audit trails, reporting, and analysis.
- It plays a great role in streamlining liquidity accounting processes and capital management by combining data from multiple sources onto a single platform. Certainly, you can use real-time access to the right information to identify financial positions by currency, country, or bank.
- This software offers various features when it comes to its customer data cloud system like providing excellent customer experience by offering customers transparency & control.
- Furthermore, it speeds up research and development with streamlined innovative technologies and processes. This includes product profitability analysis, product lifecycle management, project portfolio management, and so on.
- On top of that, SAP software creates a foundation for process innovation and data-driven intelligence. It also renders a unified foundation for the intelligent enterprise that harnesses the value of data across connected business ecosystems and applications.
Pricing
You can contact the support team of SAP treasury software to know about the interesting pricing plans for the software.
2. Reval
Reval is the topmost, global provider of cloud treasury software that is helping innumerable companies around the world with its scalable software as a service solution to better manage liquidity, cash, hedge accounting, and financial risk. Moreover, this software provides workflow automation and mission-critical trading software solutions to central banks, financial institutions, corporates, etc. 
Features
- Reval makes easy and possible for banks and corporates to choose and configure treasury and risk management technology in the cloud. On the basis of this rich foundation, it delivers solutions for treasury enterprises of different sizes and complexities.
- This software provides manual tasks such as Reval’s liquidity management, bank connectivity, and cash management capabilities, etc. It further allows real-time insights into liquidity risks and cash positions.
- It is quite challenging to protect a firm from market shocks and uncertainty. Therefore, you can make the use of Reval’s financial risk management capabilities to manage and analyze exposures holistically to carry out best practice hedging strategies.
- With the assistance of Reval’s best-in-class hedge accounting software, the financial professionals can centralize and automate reporting as well as documentation.
- Above all, this software helps in integrating end-to-end treasury and risk management processes while improving efficiency and eliminating manual intervention. Moreover, its SaaS technology manages all contracts and connections easily and quickly.
Pricing
To know the pricing plans of Reval treasury software, you can contact the company or easily request a demo by filling a form and they will make you know about each and every pricing plan of the software.
3. Kyriba
Everyone recognizes Kyriba as a global leader that releases its vendor assessment for worldwide treasury and risk management applications. Kyriba software has the power to diminish expensive bank statement access and storage fees while bank fee analysis allows streamlining of bank services to reduce unwanted bank costs.
The latest Kyriba currency impact report that generates nearly $21 billion in foreign exchange-related impacts on North-American companies earnings. By adding FX business intelligence for the CFO, it extends the reach of its FX risk management solution.
Features
- Most importantly, Kyriba treasury software can provide perfect cash visibility which offers a better picture of available cash while eliminating underinvested and idle cash.
- This tool offers a wide scope of risk management solutions from full support for your hedge accounting compliance and hedge programs to regulatory management, operational risk, liquidity risk, and even eliminate technology risk through the cloud.
- Apart from the above, Kyriba cloud model also minimizes any IT costs to support treasury and treasury systems thereby making ROI easy to calculate. Furthermore, it manages certain areas like disaster recovery, upgrades, and system integration.
- This treasury software provides better protection against loss with necessary features such as standardized workflows such as encryption of all treasury data, multi-factor authentication especially for payment approval and more.
Pricing
Request a demo today to know about the pricing plans of Kyriba treasury software. Instead, you can even make a direct call to them without any hesitation to disclose the rates and discount offers of the treasury software.
