GTreasury acquires CashAnalytics, an advanced cash forecasting solution

By Gloria Mathias

GTreasury, the digital treasury solutions for the Office of the CFO, has announced the acquisition of CashAnalytics, the cash forecasting and AR/AP analytics solution.

The acquisition of CashAnalytics enhances GTreasury’s suite of solutions with a critical first point of treasury automation that can be deployed in just weeks as a single solution and with the added benefit of seamless data orchestration and user interface across GTreasury’s suite of Digital Treasury Solutions.

As CFOs and Treasury teams prioritise cash forecasting to optimise working capital, CashAnalytics bolsters GTreasury’s technology set with automated, intelligent, and actionable cash flow analysis.

CashAnalytics’ intuitive user interface and cash forecasting capabilities are uniquely comprehensive and include the CashAnalytics SmartLedger. SmartLedger offers profound insights into working capital drivers within a business. These insights include customer payment behaviour, which facilitates insights into actions that can improve free cash flow. Further, CashAnalytics can be quickly deployed with API connectivity into banks, ERPs, and any legacy treasury management systems.

“GTreasury’s vision of a seamless, modular, and future-proof approach to the adoption of treasury technology is truly game-changing,” said Renaat Ver Eecke, CEO of GTreasury. “CashAnalytics is a perfect match for GTreasury and a very natural next step in the journey for our product, customers, and employees. CashAnalytics, as part of GTreasury, opens up treasury technology to a far wider market that, up to now, has only had access to monolithic Treasury management systems that are rigid, costly, and difficult to deploy. We’re incredibly excited for our customers to see how this acquisition will enhance their treasury operations.”

Conor Deegan, CEO of CashAnalytics, shared, “Today’s CFOs and treasurers want—and, frankly, need—to move beyond manual spreadsheets or the restrictive cash forecasting functionality of their ERPs and legacy treasury systems. CashAnalytics’ ability to automate the collection of cash flow data from internal ERP or TMS systems and banks with API connectivity is a perfect match for GTreasury’s approach to seamless access and timely analysis of financial data. The result for CFOs is a faster time-to-value realisation from a solution that can be deployed in a matter of weeks instead of months. We are extremely excited about this next stage and look forward to our shared achievements to come.”