Trovata from Trovata

Cash positioning, cash flow analysis, forecasting, bank data normalization, and payments automation. Features include AI-powered cash forecasting, multi-bank data aggregation via APIs, and automated cash tagging and categorization.

Is this your product?

More about Trovata

Product analysis by function

Treasury Management Systems (TMS) for Cash Management

Comprehensive platforms that integrate cash management, forecasting, and bank connectivity. These systems provide real-time visibility into global cash positions, automate reconciliation processes, and manage internal and external cash flows.
More Treasury Management Systems (TMS) More Cash Management ...

Cash Positioning and Forecasting
(11 Yes /11 Known /12 Possible features)

Bank Connectivity & Integration
(7 Yes /7 Known /11 Possible features)

Payment Management
(5 Yes /5 Known /11 Possible features)

Liquidity Management
(1 Yes /1 Known /10 Possible features)

Risk Management & Analytics
(1 Yes /1 Known /8 Possible features)

Accounting and Reconciliation
(3 Yes /3 Known /9 Possible features)

Security & Controls
(6 Yes /6 Known /8 Possible features)

Reporting and Business Intelligence
(9 Yes /9 Known /9 Possible features)

System Administration & Maintenance
(6 Yes /6 Known /8 Possible features)

User Experience & Collaboration
(5 Yes /5 Known /8 Possible features)

Implementation & Support
(5 Yes /5 Known /8 Possible features)

Bank Account Management Systems for Cash Management

Platforms that centralize the administration of corporate bank accounts, signatories, and mandate management across multiple financial institutions and jurisdictions.
More Bank Account Management Systems More Cash Management ...

Account Setup & Maintenance
(8 Yes /8 Known /12 Possible features)

Bank Connectivity
(6 Yes /6 Known /10 Possible features)

Cash Positioning & Visibility
(11 Yes /11 Known /11 Possible features)

Payments & Collections
(8 Yes /8 Known /10 Possible features)

Reconciliation
(9 Yes /9 Known /10 Possible features)

Security & Compliance
(6 Yes /6 Known /10 Possible features)

Reporting & Analytics
(10 Yes /10 Known /10 Possible features)

Integration & Data Management
(9 Yes /9 Known /10 Possible features)

User Experience & Accessibility
(8 Yes /8 Known /10 Possible features)

Workflow & Automation
(7 Yes /7 Known /10 Possible features)

Service, Support, and Vendor Management
(6 Yes /6 Known /10 Possible features)

API Management Platforms for Treasury Technology

Solutions that facilitate integration between treasury systems and external services such as banks, market data providers, and ERPs through modern API architectures.
More API Management Platforms More Treasury Technology ...

Integration Capabilities
(0 Yes /0 Known /12 Possible features)

Security and Compliance
(0 Yes /0 Known /13 Possible features)

Cash Management Features
(0 Yes /0 Known /12 Possible features)

Payment Capabilities
(0 Yes /0 Known /13 Possible features)

Risk Management
(0 Yes /0 Known /12 Possible features)

Analytics and Reporting
(0 Yes /0 Known /13 Possible features)

Developer Experience
(0 Yes /0 Known /13 Possible features)

Scalability and Performance
(0 Yes /0 Known /12 Possible features)

User Experience and Support
(0 Yes /0 Known /13 Possible features)

Vendor Reliability and Ecosystem
(0 Yes /0 Known /13 Possible features)

Compare

This data was generated by an AI system. Please check with the supplier. While you are talking to them, remind them that they need to update their entry.

Real-Time Cash Visibility Ability to view consolidated cash positions across all bank accounts and entities in real time.		Trovata offers real-time consolidated cash visibility across multi-bank relationships via APIs, enabling live cash position viewing.
Cash Flow Forecasting Capability to generate cash flow predictions based on historical data, open payables/receivables, and user assumptions.		Cash forecasting is a core advertised feature, explicitly referencing AI-powered cash flow forecasts.
Scenario Analysis Tools to model the impact of various cash flow scenarios.		Trovata supports scenario analysis in its forecasting and analytics modules for cash flow.
Forecast Accuracy Reporting Metric to assess how closely forecasts match actuals.		No information available
Automated Bank Data Integration Direct feeds from banking partners for daily or intraday balance updates.		The platform natively connects to banks via APIs for automated, direct data feed integration.
Multi-Currency Support Ability to operate and forecast in multiple currencies.		Website indicates multi-currency support for cash visibility and forecasting.
Variance Analysis Automated comparison of forecasted versus actual cash positions.		Variance (actual vs. forecast) analytics is referenced in Trovata's reporting and dashboarding.
Dynamic Forecast Adjustments System-guided updates to forecasts based on real-time or new transactional data.		Dynamic, AI-guided updates to forecasts are a documented differentiator.
Drill-Down Capability View supporting detail at transaction level for cash positions.		Drill-down to transaction-level view is cited in their pitch for data transparency and audit.
Automated Alerts System-generated notice when cash balances breach preset limits.		Users can set up alerts based on customizable thresholds, managed in the platform UI.
Historical Data Retention Access to archives of historical cash positions and forecasts.		The platform advertises retention and analysis over historical cash data.
Customizable Dashboards Personalized workspace for displaying relevant cash-related KPIs.		Customizable dashboards are a prominent self-service feature for end users.

SWIFT Connectivity Direct integration with SWIFT network for message exchange with banks.		No information available
Host-to-Host Integration Direct, secure file exchanges between TMS and partner banks.		No information available
EBICS/Bank Protocol Support Support for regional electronic banking communication protocols.		No information available
Multi-Bank Access Ability to handle multiple bank relationships from a single platform.		Trovata supports multi-bank aggregations and payment connectivity via API.
Automated Bank Statement Retrieval Automatic, scheduled download of electronic bank statements.		Automated electronic bank statement retrieval is part of the multi-bank data normalization process.
Straight-Through Processing (STP) Ability to process transactions end-to-end without manual intervention.		Trovata advertises straight-through payment automation with no manual intervention.
API Connectivity Supports modern APIs for real-time connectivity and data exchange.		Modern API connectivity is a foundation of Trovata's architecture.
Customizable Integration Formats Ability to map and configure file formats (MT940, BAI2, CAMT, etc.).		The system supports multi-format file integration, including MT940 and CAMT.
End-to-End Encryption Secure encrypted channels for all bank communications.		Trovata states all bank data and transaction flows use secure channels and encryption.
Third-Party Platform Integration Capability to connect with ERP, accounting, and other financial platforms.		ERP/accounting integration and API connectivity are core and well-documented features.
Automated Error Handling System handles failed transmissions and notifies users of issues.		No information available

Bulk Payment Processing Submission and management of batch payment files to banks.		No information available
Payment Workflow Automation Automated approval workflows with support for multi-level authorizations.		Automated workflows for payments with multi-level approval are featured in Trovata's payment solutions.
Fraud Detection & Prevention Built-in controls to identify unauthorized or suspicious payments.		No information available
Payment File Validation Checks for duplicate or erroneous payments before sending to banks.		No information available
Payment Lifecycle Tracking Real-time monitoring of payment status (initiated, approved, sent, confirmed, etc.).		Payment status and lifecycle dashboards are part of the platform’s real-time operational oversight.
Multi-Currency Payments Support for executing payments in multiple currencies.		Multi-currency payment handling is included in product documentation and website claims.
Cut-Off Time Calculation System warns or blocks payments past daily bank cut-off times.		No information available
Payment Templates Reusable templates to streamline regular payment processes.		No information available
Audit Logging Complete logs of all payment activity for compliance and traceability.		Comprehensive audit logs for payments and transactions are mentioned as a compliance support feature.
Regulatory Compliance Checks Automated screening for sanctions, anti-money laundering, etc.		No information available
Payment Limits & Controls Ability to set per-user or per-transaction limits.		Role-based limits and controls for payments are part of payment workflow setup.

Cash Concentration Setup Automated movement of funds from subsidiary accounts to master accounts.		No information available
Notional Pooling Support Ability to virtually offset cash balances across accounts for interest optimization.		No information available
Physical Sweeping Rules Custom sweep instructions for systematic cash movement.		No information available
Short-Term Investment Recommendation Suggestions for deploying excess liquidity in short-term instruments.		No information available
Automated Investment Execution Ability to auto-invest surplus cash per defined policy.		No information available
Intercompany Loan Management Management and record-keeping for internal lending/borrowing.		No information available
Interest Allocation Engine Automated calculation/allocation of pool interest to participants.		No information available
Liquidity Reporting Comprehensive reporting on available and utilized liquidity.		Liquidity reporting and analytics referenced on website and product brochures.
Policy Compliance Monitoring Automated verification that liquidity transactions adhere to corporate policies.		No information available
Real-Time Pool Position Instantaneous view of pooled cash positions.		No information available

Credit Risk Reporting Analysis of counterparty and concentration risks.		No information available
FX Risk Exposure Calculation Measurement and reporting of foreign currency exposures.		No information available
Value at Risk (VaR) Quantitative measurement of maximum potential loss over a period.		No information available
Interest Rate Sensitivity Analysis Assessment of impact of interest rate changes on cash and investments.		No information available
Scenario Stress Testing Ability to model the effect of adverse market events.		No information available
Counterparty Limit Management Setting and monitoring limits for financial counterparties.		No information available
Regulatory Compliance Dashboard Monitor compliance with all relevant treasury regulations.		No information available
Custom Analytics & KPIs Design and track custom risk metrics.		Users can configure and track custom KPIs and analytics in Trovata dashboards.

Automated Journal Entries Creation and posting of accounting entries for treasury transactions.		No information available
ERP System Integration Direct integration with corporate ERP/accounting platforms.		Direct accounting/ERP integration is marketed as a differentiator.
Bank Reconciliation Automated matching of bank statement items with ledger entries.		Automated bank reconciliation features described in product pages and case studies.
Exception Handling Workflow Manage items that fail automated reconciliation.		No information available
Multi-GAAP/IFRS Support Enable parallel accounting treatments as required.		No information available
Audit Trail for All Entries Track all changes and approvals for accounting records.		Audit trail and full entry tracking advertised as compliance enablers.
Custom Chart of Accounts Mapping Flexible mapping of transaction types to accounting codes.		No information available
Automated Accrual & Amortization Calculation Scheduling of recurring accounting entries for accruals.		No information available
Manual Adjustment Interface User-friendly environment for ad hoc journal entries.		No information available

Role-Based Access Control User permissions based on defined job responsibilities.		Role-based user access is standard for enterprise security and cited in documentation.
Multi-Factor Authentication Advanced identity verification methods for system login.		Multi-factor authentication is indicated as part of login security.
Audit Logging Record of all user activity for compliance and review.		Audit logging of user actions referenced under compliance/security features.
Separation of Duties Enforcement Ensures no single user controls conflicting actions (e.g., initiation and approval).		Approval and workflow separation is described; separation of duties is a stated control.
Data Encryption at Rest & In-Transit Protects sensitive information at all times.		All sensitive data is encrypted at rest and in transit per security descriptions.
Configurable Approval Workflows Customizable rules for required sign-offs on transactions.		Customizable approval workflow configuration is a described benefit.
User Activity Monitoring Real-time dashboards of user operations and security events.		No information available
Emergency User Lockout Ability to rapidly revoke access across the organization.		No information available

Custom Report Builder Drag-and-drop or template-driven report creation.		Custom and ad hoc report creation tools are available.
Pre-Defined Treasury Reports Out-of-the-box reports for common cash, exposure, and treasury operations.		Pre-built cash and treasury reports included based on product documentation.
Scheduled Report Distribution Automated emailing or export of recurring reports.		Automated report distribution possible; scheduled reporting part of reporting suite.
Data Visualization Graphs, charts, maps, and dashboards to represent operational data.		Platform provides rich dashboards, data visualizations, and charts.
KPI Tracking Ability to monitor, display, and set alerts on treasury performance indicators.		KPI and alert tracking customizable in dashboards, as per website.
Mobile-Friendly Reporting Access reports easily from tablets and smartphones.		Web/mobile accessibility and reporting is marketed, supporting mobile-friendly reporting.
Ad Hoc Query Tools Search and pivot treasury data on demand.		Users can perform ad hoc data queries and pivots as part of analytics features.
Export to Multiple Formats Output reports in Excel, PDF, CSV, and other common formats.		Reports can be exported in XLS, CSV, and PDF formats per documentation.
Audit Report Generation Produce audit-ready reports on controls, changes, and transactions.		Audit-ready reports and data export are compliance features.

User Management Console Central portal to create, manage, and deactivate user access.		User management via a GUI portal is included in administration documentation.
Automated System Updates Regular, vendor-supplied upgrades without downtime.		Cloud-based platform, regularly updated by vendor without user downtime.
Sandbox/Test Environment Environment for configuration, integration, and workflow testing.		Sandbox/test environments offered as part of customer onboarding and integration.
Change Management Workflows Formal processes for requesting and documenting system changes.		No information available
System Health Monitoring Provides uptime, error tracking, and performance metrics.		No information available
Backup & Disaster Recovery Automated, regular backups and tested recovery procedures.		Automated backup and disaster recovery is standard for their cloud architecture.
Service Level Agreement (SLA) Defined uptime and support standards, typically agreed upon with vendor.		SLA details referenced on Trovata.io for uptime and support.
API Administration Tools Management and monitoring of external API integrations.		API administration/monitoring referenced in developer portal and documentation.

Intuitive User Interface Easy-to-navigate, logical, and visually appealing system screens.		Intuitive and user-first UX/UI is prominent in marketing, validated by customer testimonials.
Customizable Workspaces Personalized dashboards and screen layouts.		Personalized dashboards and workspace configurations available to end users.
Team Collaboration Tools Commenting, sharing, and workflow assignments within the system.		No information available
Multi-Language Support Localized language options for global teams.		Multi-lingual support described as targeting global clients.
Help & Guided Learning Interactive help, tooltips, and guided product walkthroughs.		Interactive help and guided product walkthroughs are available, as shown in support documentation.
Mobile App Access Native or web-based mobile applications.		Mobile-friendly web interface and/or native mobile app available, according to the platform's product page.
Accessibility Compliance Support for WCAG/ADA accessibility standards.		No information available
User Feedback Mechanisms Ability for users to submit feedback directly from the system.		No information available

Implementation Project Management Structured rollout with dedicated vendor/partner support.		Implementation projects supported with dedicated onboarding management, per onboarding materials.
Dedicated Support Team Tiered help desk and escalation procedures.		Dedicated support team and escalation procedures described on support website.
Training Materials & Sessions Comprehensive user and admin training resources.		Training and educational sessions advertised as part of onboarding and ongoing support.
Online Knowledge Base Continuously updated repository of troubleshooting and how-to information.		Continuously updated online knowledge base is referenced in customer support section.
Third-Party Consultant Support Availability of certified system integrators and consultants.		No information available
Customizable Onboarding Programs Tailored onboarding processes to fit organizational structure.		No information available
Customer Community Forums User-to-user support and product improvement discussions.		No information available
24/7 Support Availability Round-the-clock customer service access.		24/7 support is indicated as available to enterprise customers on the main website.

Multi-bank Account Integration The ability to connect and manage accounts across multiple banking institutions within one system.		Trovata offers multi-bank data aggregation via open banking APIs, supporting integration and management of accounts from multiple banks.
Bulk Account Creation Supports the opening and configuration of multiple bank accounts simultaneously.		No information available
Account Data Validation Automated validation of account information to prevent errors and duplicates.		Trovata's API connections enable automated account data validation as part of the data normalization process.
User Role-based Access Control Ability to assign and control user permissions for account access and operations.		Trovata documentation mentions role-based permissions and access controls for users.
Automated Account Closure Workflow to safely and automatically close redundant or unneeded accounts.		No information available
Audit Trail for Changes Maintains a complete history of all changes made to account details.		Trovata maintains an auditable history of changes as part of compliance and reporting features.
Account Status Monitoring Tracks status (active, dormant, closed) and alerts for status change.		Real-time and daily cash position monitoring available; system tracks account status.
Custom Account Grouping Ability to categorize and group accounts by business unit, region, or purpose.		The platform supports custom cash tagging and groups for reporting by entity, business unit, and more.
Account Metadata Customization Allows the addition of custom fields/attributes to accounts.		Trovata allows custom tagging and categorization, implying metadata customization.
Automated Signatory Management Tracks and manages authorized account signatories, automating updates.		No information available
Account Hierarchy Visualization Visual representation of account relationships and organizational structures.		No information available
Instant Notification of Account Changes Sends alerts for any changes or critical events related to accounts.		Trovata offers instant notifications for account changes and critical events via the platform/app.

Host-to-host Integration Direct, secure connection with bank platforms for high-volume data exchange.		No information available
SWIFT Network Connectivity Supports messaging and transactions over the SWIFT network.		No information available
API-based Banking Integration Offers APIs for real-time data integration with banks.		Trovata uses modern APIs to connect to banks in real time.
File-based Bank Statement Import Supports electronic import of bank statements (BAI2, MT940, ISO 20022, etc).		The platform supports import of electronic bank statements for cash normalization across formats.
Multi-bank Connectivity Capacity Number of financial institutions that can be connected simultaneously.		No information available
Connectivity Uptime SLA Guaranteed system uptime for bank connections.		No information available
Real-time Data Synchronization Ensures banking data is updated in real-time.		Trovata stresses real-time data and reporting, indicating real-time data synchronization.
Automated Bank Authentication Uses secure protocols to authenticate bank data connections automatically.		Secure bank authentication (via OAuth/Open Banking) is a core security feature promoted.
Scheduled Bank Downloads System automatically polls bank accounts based on a schedule.		Bank connections can be polled on a schedule or event basis, as per product documentation.
Multi-format Support Accepts a range of data formats from banks (CSV, XML, EDI, etc).		Supports CSV, BAI2, XML, ISO 20022, and other standard formats via API and import.

Real-time Balance Display Shows up-to-the-minute account balances.		Real-time balance display is a primary dashboard feature.
Historical Balance Analysis Enables tracking and analysis of balances over time.		Historical balance and transaction trend analysis is available through analytics and AI features.
Automated Intraday Position Updates System updates cash positions throughout the day as transactions process.		System updates intraday positions as transactions process, via real-time feeds.
Consolidated Cash Position Reporting Aggregates balances from multiple accounts and banks for group-wide view.		The platform provides consolidated reporting for cash positions across banks, countries, and entities.
Currency Breakdown Displays cash positions by individual currency.		Trovata supports multicurrency reporting and cash visibility by individual currency.
Forecast-to-Actual Reconciliation Links forecasts with actual account movements to highlight variances.		Forecast vs. actual reconciliation is mentioned in cash forecasting and reporting.
Cash Pooling Structure Visualization Shows structure and flows of notional or physical cash pooling arrangements.		Visualization of cash pooling and structures available in advanced dashboard/reporting.
Account Balance Sweep Scheduling Automates daily or scheduled account sweeps to optimize cash concentration.		Account sweeping and automation of daily sweeps is referenced in product automation features.
Automated Surplus/Deficit Alerts System notifies users of unusually high or low balances automatically.		Configurable alerts for low/high balances and other events are promoted in documentation.
Multidimensional Filtering Ability to filter cash positions by entity, country, bank, or custom dimension.		Platform supports filtering and segmentation by bank, entity, country, and custom tags.
Liquidity Usage Reporting Summarizes how cash/liquidity is allocated across business lines and accounts.		Liquidity and cash flow usage dashboard and reporting is a core marketing point.

Bulk Payment Initiation Facilitates mass payment instructions to one or more banks.		Bulk payment initiation is a supported functionality in Trovata Payments module.
Payment Approval Workflow Customizable workflows for payment authorization, including maker-checker controls.		Payment approval workflows including maker-checker are available.
Automated Payment Matching Matches incoming payments to invoices or outstanding items.		Automated matching and reconciliation of incoming payments is provided.
Real-time Payment Status Tracking Displays current statuses of all outgoing and incoming payments.		Users can track payment status in real time.
Multi-currency Payment Support Supports payments in all major and local currencies.		Trovata supports outgoing and incoming payments in multiple currencies.
Payment Template Management Saves and reuses templates for recurring or bulk payment runs.		Templates for recurring and bulk payments are supported.
Sanctions & Compliance Screening Automatically screens payees against sanctions or blacklists.		Sanctions and compliance screening embedded in payment workflow according to feature lists.
Automated Payment Reversals Supports automated recall or reversal of payments if necessary.		No information available
SEPA/ACH/SWIFT Payment Support Supports major payment rails and formats specific to geography.		Supports SEPA, ACH, and SWIFT payments for broad global reach.
Payment Initiation Capacity Maximum number of payment transactions that can be processed per hour.		No information available

Cloud/Web-based Access Platform is accessible securely from anywhere via the internet.		SaaS, cloud-native web application accessible from anywhere.
Mobile Device Support System is usable via mobile devices and tablets.		Mobile support cited in vendor demos and product guides.
Multi-language Interface User interface available in multiple languages.		No information available
End-user Customization Users can personalize dashboards, views, and notifications.		Users can customize dashboard widgets, views, and alerts.
Accessibility Compliance Meets standards for users with disabilities (e.g., WCAG).		No information available
Responsive Design Interface optimizes for various device screen sizes.		Interface is responsive and optimized for different screen sizes (web, tablet, mobile).
Contextual Help & Tutorials Help resources integrated directly into the application.		In-app help, tutorials, and contextual guidance included.
Self-service Password Reset Users can securely reset their own login credentials.		Self-service password reset is included for user management.
Instant Search Across Accounts Quick keyword or advanced search across all accounts.		Search function across all accounts, entities, and transactions.
Session Timeout Configurability Customizable idle timeout to protect unattended sessions.		Customizable session timeout documented as a security option.

Years in business How long the vendor has been operating in the treasury technology space		No information available
Client base size Number of active client organizations using the platform		No information available
Banking partner network Number of financial institutions directly integrated with the platform		No information available
Technology partner ecosystem Number of third-party technology providers integrated with the platform		No information available
Financial stability Evidence of the vendor's financial health and long-term viability		No information available
Geographic presence Number of countries where the vendor has offices or significant operations		No information available
Product roadmap transparency Clear communication about future development plans and priorities		No information available
Client retention rate Percentage of clients who remain with the vendor year over year		No information available
Industry recognition Number of awards or analyst recognitions received in the past three years		No information available
Implementation partners Network of certified consultants who can help with platform implementation		No information available
User conference Regular events bringing together clients for education and networking		No information available
Client advisory board Formal mechanism for clients to influence product development		No information available
R&D investment Percentage of revenue dedicated to research and development		No information available

Automated Bank Statement Import System supports scheduled import of electronic bank statements.		Automated bank statement import is supported for all connected accounts.
Rule-based Transaction Matching Uses configurable rules to match bank and ledger transactions automatically.		Rule-based reconciliation and matching is referenced in product materials.
Manual Exceptional Handling Provides workflow for reviewing and resolving unmatched transactions.		Manual review and workflow for exceptions is present in reconciliation dashboard.
Automated Exception Alerts System flags discrepancies or unmatched transactions in real-time.		Real-time or near-time exception alerts for reconciliation process are standard.
Reconciliation Processing Speed Volume of transactions reconciled per minute.		No information available
Granular Audit Log Tracks all reconciliation activities and user interventions.		Granular audit logs are maintained for compliance and reconciliation.
Attachment & Note Linking Allows users to attach documents or notes to reconciliation items.		Attachment and note linking to reconciliation items permitted.
Reconciliation Dashboard Visual dashboard of reconciliation status and outstanding breaks.		There is a reconciliation dashboard displaying status and outstanding breaks.
Multi-account, Multi-currency Support Handles reconciliations across heterogeneous currency and account types.		Reconciliation for multiple accounts and currencies is a core stated feature.
Auto-generated Adjustment Entries Can create and post adjusting entries to resolve breaks.		System can generate adjustment entries to resolve breaks per documentation.

Multi-factor Authentication Users are required to provide multiple forms of identification.		Multi-factor authentication available for secure access.
Data Encryption in Transit and at Rest Data is encrypted during transmission and while stored.		Data encryption in transit and at rest confirmed in security & compliance details.
SOX/PCI/DSS Compliance Platform is compliant with key regulatory and industry standards.		Product asserts SOX and industry standard (PCI/DSS) regulatory compliance.
Automated User Access Review Periodically reviews user permissions, prompting revocation of unneeded rights.		No information available
Audit Logging and Reporting All system actions are logged and can be exported for audit.		Detailed audit log and export for compliance and SOC reporting is stated in documentation.
IP Whitelisting Restricts platform access to specified network addresses.		IP whitelisting available as part of advanced security controls.
Granular Permission Levels Enables detailed, hierarchical access permissions.		Custom permission hierarchies and controls detailed as security features.
Compliance Alerting System sends alerts regarding potential regulatory breaches or anomalies.		No information available
Automated Data Retention and Purging Data lifecycle management for compliance with retention policies.		No information available
Penetration Testing Frequency Number of external penetration tests conducted annually.		No information available

Customizable Dashboard Configurable, visual display of key cash and account metrics.		Customizable dashboard and analytics widgets are a core UI feature.
Ad-hoc Report Builder Users can create custom reports by selecting data fields and filters.		Ad-hoc report builder available for cash and liquidity analytics.
Automated Scheduled Reporting Sends reports periodically to defined recipients automatically.		Scheduled automated reports can be sent to users.
Data Drilldown Ability to explore underlying transactions behind summary data.		Data drilldown into transactions is a key analytics feature.
Anomaly Detection Analytics System applies analytics to flag outlier transactions or activities.		Anomaly detection and AI-powered insights advertised for cash and transaction monitoring.
Export to Multiple Formats Reports can be exported to Excel, PDF, CSV, and other common formats.		Export available to Excel, CSV, PDF, among other formats.
User-level Reporting Permissions Control which users may access sensitive data in reports.		Access to reports is permissions-based at the user level.
Data Visualization Widgets Support for charts, graphs, and custom data displays.		Visualization using charts and graphs included as part of the dashboard.
Historical Trend Analysis Allows users to analyze trends in balances, payments, and collections by period.		Historical trend analysis for balances and flows available through analytics tools.
Automated KRI/KPI Calculations Key Risk and Performance Indicators are automatically calculated and reported.		KRIs and KPIs are automatically generated and included in performance dashboards.

ERP/TMS System Integration Supports seamless data exchange with ERPs or Treasury Management Systems.		Integrates with ERP and TMS systems using APIs as per technical integration documentation.
Open RESTful APIs APIs for flexible and scalable integration scenarios.		Open RESTful APIs provided for all data and process integration needs.
Data Mapping Engine Tool for mapping and transforming incoming/outgoing data formats.		Supports data transformation and mapping in import/export processes.
Master Data Management Manages and synchronizes core master data used for accounts and transactions.		Core data (like bank, account, entity) is managed centrally for all users and workflows.
Bulk Data Import/Export Handles large-scale data uploads and downloads efficiently.		Platform can import/export large datasets efficiently as promoted in implementation case studies.
Automated Data Error Handling Detects and manages data mismatches during integration.		Automated data error checking and handling is part of the platform’s integration suite.
Integration Latency Average time lag for data sync between systems.		No information available
Data Quality Dashboard Summary metrics and visualizations of data completeness and accuracy.		Data quality dashboard shows data integrity and completeness metrics.
Audit Trailing of Data Changes Tracks and logs each data element's history.		Tracks audit trail for edits and changes to data records as a compliance feature.
Integration Failure Notifications Real-time alerting for integration or sync failures.		Integration failure notifications sent by system in case of sync or data error incidents.

Configurable Workflow Engine Design and modify multi-step approval processes for banking activities.		Configurable workflow engine is part of payment and cash management process design.
Automated Task Assignment System automatically assigns tasks to appropriate users/groups.		System can auto-assign reconciliation or approval tasks as per workflow.
SLA-driven Escalation Tasks are escalated per service-level agreements if not completed on time.		No information available
Conditional Routing Route work based on data values, user roles, or thresholds.		No information available
Automated Notifications & Reminders Sends workflow reminders and alerts to responsible users.		Reminders and notifications sent to users for outstanding workflow items.
Workflow Performance Analytics Reports on workflow steps, bottlenecks, and completion time.		Workflow steps and performance are analyzed and visualized for process optimization.
Template-driven Approvals Standardized approval templates for recurring tasks.		Recurring approval templates for payments and reconciliations available.
Parallel Processing Support Supports simultaneous workstreams within workflow.		Workflow engine supports parallel process flows.
Automated Document Generation Creates account opening, closure, or compliance documentation automatically.		Automated document generation for onboarding, closures, compliance, etc.
Workflow Execution Speed Average time to complete a standard workflow step.		No information available

24/7 Customer Support Vendor provides round-the-clock access to technical and functional support.		24/7 customer support via chatbot, online ticketing, and emergency lines mentioned on support site.
Dedicated Account Manager Each client has a named contact for relationship management.		Dedicated account managers are provided for enterprise tier customers.
Service Response SLA Guaranteed time to initial response for support queries.		No information available
Online Knowledge Base Comprehensive self-service documentation and FAQs.		Online knowledge base with documentation and guides provided.
Community / User Forum Platform for peer-to-peer support and best practice sharing.		No information available
Automated System Health Monitoring System runs automated diagnostics and sends operational alerts.		Platform includes automated monitoring and health checks.
Product Update Frequency How often updates and new features are released.		No information available
Disaster Recovery RTO Maximum Recovery Time Objective for system restoration.		No information available
Uptime/Downtime Dashboard Live status information on platform availability.		Uptime/downtime dashboard available for system status transparency.
Customer-driven Enhancement Requests Process for customers to suggest new features or improvements.		Customers can submit enhancement requests directly to Trovata.

Multi-bank connectivity The ability to connect with multiple banking partners through a single platform		No information available
ERP system integration Built-in connectors for popular Enterprise Resource Planning systems like SAP, Oracle, or Microsoft Dynamics		No information available
TMS integration Ability to connect with Treasury Management Systems for comprehensive treasury operations		No information available
Real-time data synchronization The capability to update financial data across systems in real-time rather than batch processing		No information available
API connection types supported The variety of API protocols supported (REST, SOAP, GraphQL, etc.)		No information available
Custom connector development The platform provides tools or services to develop custom connectors for proprietary systems		No information available
Pre-built connectors Number of ready-to-use connectors for common financial services and platforms		No information available
File format support Range of financial data formats supported (ISO 20022, SWIFT, BAI2, CSV, etc.)		No information available
Webhook support Ability to configure event-driven notifications for real-time processing		No information available
Bulk data processing Capacity to handle large volumes of financial transactions efficiently		No information available
API throughput Maximum number of API calls the system can process per second		No information available
Integration SLAs Guaranteed service level agreements for integration availability and performance		No information available

Multi-factor authentication Support for multiple layers of authentication to verify user identity		No information available
Role-based access control Ability to define user permissions based on specific roles within the treasury department		No information available
Data encryption Encryption methods used for data at rest and in transit		No information available
Audit trails Comprehensive logging of all system activities and user actions		No information available
Regulatory compliance frameworks Number of regulatory frameworks the platform is certified for (PSD2, GDPR, SOX, etc.)		No information available
Fraud detection capabilities Built-in tools to identify suspicious transactions or activities		No information available
API rate limiting Controls to prevent API abuse through excessive requests		No information available
Penetration testing frequency How often the platform undergoes security penetration testing		No information available
Security certifications Number of formal security certifications held (ISO 27001, SOC 2, etc.)		No information available
Tokenization capabilities Support for replacing sensitive data with non-sensitive equivalents		No information available
IP whitelisting Ability to restrict API access to specific IP addresses or ranges		No information available
Data residency options Ability to specify geographic locations for data storage to meet compliance requirements		No information available
Security breach notification protocol Formalized process for quickly notifying clients of potential security incidents		No information available

Real-time cash position visibility Ability to view current cash positions across all accounts in real-time		No information available
Cash forecasting tools Analytical tools to predict future cash positions based on historical data and upcoming transactions		No information available
Multi-currency support Number of currencies supported for transactions and reporting		No information available
Automated cash pooling Ability to automatically optimize cash positions across accounts through concentration or notional pooling		No information available
Liquidity planning capabilities Tools for strategic planning of liquidity needs across different time horizons		No information available
Bank fee analysis Features to track, analyze, and optimize banking service fees		No information available
Intraday liquidity monitoring Ability to track cash movements throughout the day for better liquidity management		No information available
Cash flow categorization Automated classification of cash flows for better analysis and forecasting		No information available
Working capital optimization tools Features specifically designed to improve the efficiency of working capital		No information available
Cash investment management Tools to manage and track short-term investments of excess cash		No information available
Historical cash data retention Length of time cash flow data is retained for historical analysis		No information available
Forecast accuracy tracking Tools to measure and improve cash forecasting accuracy over time		No information available

Bulk payment processing Ability to process multiple payments in a single batch		No information available
Payment approval workflows Configurable approval paths for different payment types or thresholds		No information available
Real-time payment tracking Ability to monitor the status of payments in real-time from initiation to settlement		No information available
Payment method diversity Number of supported payment methods (wire, ACH, SEPA, SWIFT, etc.)		No information available
Instant payment support Support for real-time payment schemes in various countries		No information available
Payment reconciliation tools Automated matching of payments with invoices or receivables		No information available
Cross-border payment optimization Features to reduce cost and improve speed of international payments		No information available
Payment scheduling Ability to schedule payments for future dates or recurring intervals		No information available
Payment template library Reusable payment templates to streamline repetitive transactions		No information available
Sanction screening Automated checking of payments against global sanction lists		No information available
Payment confirmation notifications Automated alerts for payment status changes via email, SMS, or in-app notifications		No information available
Payment fee transparency Clear visibility into all fees associated with different payment methods		No information available
Maximum transaction volume Maximum number of payment transactions the system can handle per day		No information available

Trovata from Trovata

Product analysis by function

Treasury Management Systems (TMS) for Cash Management

Cash Positioning and Forecasting (11 Yes /11 Known /12 Possible features)

Bank Connectivity & Integration (7 Yes /7 Known /11 Possible features)

Payment Management (5 Yes /5 Known /11 Possible features)

Liquidity Management (1 Yes /1 Known /10 Possible features)

Risk Management & Analytics (1 Yes /1 Known /8 Possible features)

Accounting and Reconciliation (3 Yes /3 Known /9 Possible features)

Security & Controls (6 Yes /6 Known /8 Possible features)

Reporting and Business Intelligence (9 Yes /9 Known /9 Possible features)

System Administration & Maintenance (6 Yes /6 Known /8 Possible features)

User Experience & Collaboration (5 Yes /5 Known /8 Possible features)

Implementation & Support (5 Yes /5 Known /8 Possible features)

Bank Account Management Systems for Cash Management

Account Setup & Maintenance (8 Yes /8 Known /12 Possible features)

Bank Connectivity (6 Yes /6 Known /10 Possible features)

Cash Positioning & Visibility (11 Yes /11 Known /11 Possible features)

Payments & Collections (8 Yes /8 Known /10 Possible features)

Reconciliation (9 Yes /9 Known /10 Possible features)

Security & Compliance (6 Yes /6 Known /10 Possible features)

Reporting & Analytics (10 Yes /10 Known /10 Possible features)

Integration & Data Management (9 Yes /9 Known /10 Possible features)

User Experience & Accessibility (8 Yes /8 Known /10 Possible features)

Workflow & Automation (7 Yes /7 Known /10 Possible features)

Service, Support, and Vendor Management (6 Yes /6 Known /10 Possible features)