Trovata Features

Ability to track cash positions across all accounts, banks, business units, and countries

Manage the investments of the company and its debts such as loans, lines of credit, or credit cards

Consolidate the balances of multiple bank accounts and manage them as a single account

Such as deposits, Money Market deals, loans, Forex, facilities, and trade finance

Schedules automate internal and external movements of funds

Define workflows to automate cash management operations

Such as fluctuations in currency and interest rates, or natural hazards

Ensure compliance with local and global financial standards and legislation

Hedging against investment risks to reduce potential loss

Manage budgeting and financial planning operations to control and eliminate debt

Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances

Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period

Plan, manage, and track the financial activities of an individual or organization

Handling payments and invoices between a company and its vendors or customers

Create, design and manage workflows for repetitive tasks

Calculate cash balances by geography or business entity

Create scenarios to estimate the impact of possible changes in cash positions

Determine how they may impact the liquidity of the company

Analysis of products and services directly incorporated into finished products

Analyze potential risks across the organization

Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk

Project out as the year progresses to accommodate trends that affect key business drivers.

Generate cash flow reports in order to see where money is coming in and where it's going

Compare Income Statement, Balance Sheet, and Cash Flow for multiple periods

Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data

Support multiple banking and financial messaging protocols such as SWIFT

Manage multiple accounts from different banks

Management of loans between business entities

Operations for banking data gathering and consolidation

Record customer information, purchase history, and other notes

Track and manage adherence to policies for any service, product, process, or supplier

Integrate with ERP and accounting products

View and track pertinent metrics to find patterns and gain insights from data

Pull data from foreign exchange and commodities trading platforms

Consolidate data from multiple sources such as spreadsheets, databases, banking systems, and software

Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.

Add one-time or recurring items to your cash flow and add line items for each payment or deposit.

Check your cash on hand at the beginning of each month and view each day incoming and outgoing funds.

Cash flow forecasting is based on past transactions and historical financial or operational data

Ability to recreate forecasts to include new information that may impact budgets

Support multiple types of forecasts such as balance sheet and cash flow forecasts

Used to review and update budgeting assumptions for a predefined period (usually one year)

Uses AI algorithms and models to predict future cash flow trends and outcomes, based on historical data and patterns

Automates the transfer of data between an organization's ERP system and its bank

Streamlines the exchange of information between internal systems

Automatically extracts data required for cash forecasting and liquity reporting

Restricts access to certain users within an organization, or provides access for third parties

Integrates with other financial software, such as Treasury Management, Budgeting & Foreasting, or Invoice Management software

Schedules the exchange of information between internal and external systems

Automatically extracts data required for dashboards and reports on cash positions and liquidity

Restricts access to certain users within an organization, or provides access for third parties

Integrates with other financial software, such as Accounting, ERP, and Corporate Performance Management software

Receive data and information in real time

Set up connections to third-party platforms to improve business processes

Capability to perform complex tasks without constant human input

Engages in human-like conversation for task delegation

Anticipates needs and offers suggestions without prompting

Makes informed choices based on available data and objectives

Form predictions based on past and present data/trends

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Manage and handle various international currencies

Initiate collection and analysis of known risks

Track and document all activities across devices, networks, and other systems

Application programming interface that allows for integration with other systems/databases

Monitor or audit historical and current transactions to analyze customer account activities

Manage the process of evaluating documents or requests submitted for approval

Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period

Alter the layout and content of reports

Import and export data to and from software applications

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Observe and track the demand, usage, progress or quality of a system, product, or user

Synchronizing data between two or more devices/systems and automatically updating changes to maintain consistency

Active monitoring of systems, applications, or networks

A record of all activities within the system, including user access, changes made, etc.

Allow users to access multiple services after entering their login credentials once

Securely stores data to prevent data loss or breaches

Software specialized for accountants and accounting firms

Develop potential scenarios to identify risks and opportunities

Use AI to generate content in the form of text, images, videos, etc.

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Compare and match accounting/financial records with corresponding bank statements