GTreasury & Goldman Sachs partner to provide global payments for treasury professionals

By Pavithra R

GTreasury, a treasury management system provider, has announced that the company has partnered with Goldman Sachs to benefit corporate treasurers leveraging GTreasury’s platform for domestic and international payments. The collaboration pairs GTreasury’s payment workflow solutions with Goldman Sachs’ tech-forward and secure global payment capabilities.

“Since GTreasury’s acquisition of Visual Risk, we have had a clear vision of how the seamless combination of cash management software and risk analytics can help our customers. Corporate Treasurers have welcomed our innovative single solution strategy, and the company has grown to become the leading integrated treasury system. We welcome Goldman Sachs Transaction Banking as a strategic partner, building on our successful cooperation with Goldman Sachs Asset Management. This is yet another example of how GTreasury can leverage a true fully integrated single platform to provide unique end-to-end solutions for treasurers around the world,” said Renaat Ver Eecke, CEO of GTreasury.

By leveraging Goldman Sachs Global Payments, GTreasury customers will benefit from:

• A streamlined payment process for domestic and foreign vendors in local currencies and at a lower cost with competitive foreign exchange rates
• Cost transparency on bank fees
• Real time payment tracking that reduces payment related supplier inquiries
• Reduced risk as a result of improved visibility and control over foreign exchange payments and currency exposures for stakeholders in procurement and treasury

Recently Goldman Sachs former partnership with lendistry for PPP Loans.

“GTreasury customers will quickly see the benefits of the frictionless, transparent payment experience and the competitive pricing that’s inherent to Goldman Sachs Global Payments. We are proud to partner with GTreasury to introduce this innovative yet simplified approach to making payments across the globe,” said Hari Moorthy, global head of Transaction Banking at Goldman Sachs.

Established since 1986, GTreasury is a leading provider of integrated SaaS treasury and risk management solutions for the digital treasurer. The company empowers organizations in their path to the strategic treasury, by enabling total visibility into their cash, payments, liquidity, and financial risk management. In 2018 GTreasury acquired Sydney-based Visual Risk, integrating the companies to deliver a single SaaS solution for Cash and Liquidity Management, Payments, Accounting, Banking, Financial Instruments, Risk Management, and Hedge Accounting.