The asset manager said that the new offering will enable it to change its incumbent installed Treasury Management System (TMS) with Reval’s all-in-one SaaS solution, ultimately gaining improvement in the efficiency of processes and financial control over its treasury and risk positions.
Hitachi Capital treasurer Jeremy Johnson said, "Processes that previously took a minimum of two days and with uncertain results can now be completed in less than an hour at period end and with near zero P&L volatility in the future."
The firm offers lease and invoice finance to businesses together with retail point of sale finance and vehicle fleet management and contract hire.
Reval provides Software-as-a-Service (SaaS) for comprehensive and integrated Treasury and Risk Management (TRM) solutions, globally.
