The new application will facilitate NetSuite customers to combine integrate their treasury operations into their NetSuite account and establish automated bank connectivity for balance,transaction reporting, and payment processing, GTreasury said.
The new offering is also equipped with cash management features such as forecasting, financial instrument tracking and integration directly into NetSuite, claims the solution provider.
NetSuite strategic alliances director Tim Gunderson said GTreasury’s cloud treasury solution allows treasury departments to focus on strategic planning instead of day-to-day operations.
"The new GTreasury Treasury Management SuiteApp provides NetSuite customers with seamless treasury management integration and increased global visibility and analytics," Gunderson added.
GTreasury COO Orazio Pater said, "NetSuite is a great strategic partner for GTreasury, with their large user base and a requirement for an integrated treasury solution, our two offerings were a perfect complement."
