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Frequently asked questions about TS
Sharing of know-how creates efficiency and cost savings. Cutting-edge systems expertise is crucial for an effective finance function. Here are the answers to your most frequently asked questions on how we make things work for you.
What is a treasury management system and what does it actually do?
A treasury management system, often shortened to TMS, is software that gives you visibility and control over cash, liquidity, payments, risk and treasury accounting. The point is to reduce manual work, improve decision making and keep financial operations consistent across banks, entities and currencies.
What modules or functions are included and which problems do they solve?
Buyers usually look for cash visibility, cash forecasting, bank connectivity, cash processing and automation that reduces repetitive tasks. Many platforms also include risk management features and reporting so treasury can track exposures and limits without living in spreadsheets.
How do you connect to banks for statements and payments?
Bank connectivity is typically delivered via SWIFT, EBICS, host to host connections and APIs, depending on your banks and geographies. A solid setup focuses on reliable statement delivery, secure payment initiation and consistent formats so reconciliation and forecasting do not become a daily firefight.
Do you support ISO 20022 and what does that mean for us?
ISO 20022 is a financial messaging standard designed to carry richer, more structured payment and reporting data end to end. In practice, it can improve reconciliation, analytics and straight through processing, especially when you use camt messages for reporting and structured remittance data for payments.
Can you integrate with our ERP and accounting system?
A common expectation is the ability to connect to your ERP and automate the flow from deal entry and cash activity into accounting exports. Some vendors position this as connecting to any ERP with configuration handled inside the platform rather than through fragile custom interfaces.
How does cash forecasting work and what inputs can it use?
Forecasting usually combines actual bank data with expected cash flows from your ERP, payments and treasury events like debt, interest and investments. The best outcomes come from clear ownership of inputs, strong bank data quality, and workflows that make it easy to review, adjust and explain variance.
What does implementation look like and how long does it take?
Implementation typically moves through discovery, connectivity setup, integrations, configuration, testing and training, then production rollout. Timelines vary widely based on number of banks, entities, countries, and ERP complexity, but the biggest lever is how quickly data sources and responsibilities are clarified.
How secure is the platform and what controls do we get?
Expect role based access, approvals, audit trails, encryption and strong authentication options. For assurance, many buyers ask for third party reports or certifications like SOC 2 or ISO 27001, since they test different but overlapping aspects of security and controls.
How is pricing structured and what drives total cost over time?
Pricing is usually subscription based and influenced by scope, modules, number of entities, bank connections, users and implementation services. The real cost is that it entails not only licence fees, but also bank connectivity complexity, integration effort and cost-savings through how much manual work the system removes.
What happens after rollout: support, upgrades and ongoing improvement?
Treasury teams want predictable support, fast resolution on connectivity issues, training for new users and a release cadence that improves features without breaking integrations. The best vendors treat post rollout as continuous optimisation, not a goodbye email and a login link.
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Empowering your team with our user-friendly system & great support.
Together,
we solve your future challenges in treasury.
Want to know more?
Request a demo
Or contact us
+46 08 660 88 30
Want to know more?
Request a demo
Or contact us
+46 08 660 88 30
Trust us for your treasury
A relationship driven, privately owned business, developing the future solutions of treasury management systems.
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