Gtreasury Strengths, Domain Expertise, and Key Differentiators
GTreasury has steadily expanded its treasury platform through deeper integration of its real-time cash management and risk analytics workflows – including growing its leadership around AI in treasury management, adding predictive forecasting analytics and a real-time banking API, and nurturing an ever-broader partner ecosystem. The 30-year-old company has continued to innovate its Software-as-a-Service platform for corporate treasurers with the aim of providing a single source of truth for all cash, payments, and risk activities.
Their continued growth has pointed to increasing demand for GTreasury’s integrated treasury and risk management system. The company’s customers recorded the highest transaction volume in GTreasury’s history during the first half of 2020, and GTreasury also saw a record number of renewed contracts and expanded deployments.
Additionally, GTreasury has improved its ease of use and recently implemented a business intelligence (BI) tool to improve visibility and reporting with the application. The company has also continued to grow its API library, further extending its ecosystem.
Gtreasury Recent Developments
In June 2020, GTreasury announced its second partnership with Goldman Sachs. The new relationship with Goldman Sachs Transaction Banking allows GTreasury to offer the benefits of a frictionless, transparent payment experience and the competitive pricing that is inherent to Goldman Sachs Global Payments. With a streamlined process for paying domestic and foreign vendors in local currencies, real-time payment tracking, cost transparency on bank fees and optimized payment routing, GTreasury customers reduce their risk as a result of improved visibility and control over foreign exchange payments and currency exposures.
Gtreasury Mergers and Acquisitions (M&A) Activities
In March 2021, GTreasury, a treasury and risk management platform provider, acquired Coprocess, the leading provider of intercompany netting solutions.
In April 2018, GTreasury acquired Visual Risk, an Australian-based risk management and compliance software vendor. The intent behind this move is to combine GTreasury's cash management software with Visual Risk's analytics and hedge accounting software, creating a comprehensive treasury and risk management software. Combined, the technologiesprovide treasury departments with a more complete solution available for managing global liquidity and financial risk.
In January 2022, Gtreasury acquired Hedge Trackers, a provider of accounting, consulting, and software services to protect clients against financial risk.
Gtreasury Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Gtreasury applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Gtreasury and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified GTreasury ONE Enterprise customers.
Ownership: - x
Number of Employees: 190
Functional Markets: TRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Construction, Real Estate, Consumer Packaged Goods, Distribution, K90, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Gtreasury Key Enterprise and Cloud Applications
GTreasury ONE Enterprise
Gtreasury Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Gtreasury Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Gtreasury Enterprise Applications Revenues By Functional Markets, $M:
Gtreasury Enterprise Applications Revenues By Verticals, $M:
Gtreasury Revenues By Region, $M
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Gtreasury Direct vs Indirect sales
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Gtreasury Customers - Breakdown by Geo, Size, Vertical and Product
No. of Gtreasury Customers: 800
No. of Gtreasury Enterprise Applications Customers: 800
No. of Gtreasury Cloud Customers: x
No. of Gtreasury Cloud Subscribers: x
GTreasury has mora than 800 customers, and 30+ industries reaching 160+ countries worldwide including ADP, Boston Scientific, Canadian Tire, Elanco, Hiscox, Markel, Memorial Sloan-Kettering, Micro Focus, Pioneer, Hitachi, Pfizer, and VMWare. Their focus on ensuring customer success is reflected by their 97% retention rate and more than 70% of customers adding new functionality each year.
Gtreasury Market Opportunities, M&A and Geo Expansions
GTreasury continues to use strategic acquisitions, partnerships, and integrations to grow its capabilities, including acquiring Visual Risk to strengthen the risk analytics and hedge accounting components of its platform.
GTreasury has also recently announced partnership with two Goldman Sachs entities – its Transaction Banking platform and Liquidity Solutions Portal – to pair GTreasury’s solution with Goldman Sachs’ global payment and liquidity capabilities. More partnerships are expected later in 2020.
Gtreasury Risks and Challenges
With the completion of most integration activities, GTreasury is poised to accelerate product innovation in line with market demands. Real time payments for corporations are still in their initial stages, technology-wise, yet corporate treasurer's demands for faster payments are escalating. GTreasury's open architecture approach will serve it well as it will need to be flexible enough to adapt to changing technology requirements. Additionally, there are many unknowns with AI and the financial sector. Companies continue to be hesitant to rely on AI to make decisions that impact real results and it may take time for GTreasury's AI capabilities for auto-reconciliation, forecasting and fraud prevention to be fully adopted.
Gtreasury Ecosystem, Partners, Resellers and SI
GTreasury’s ecosystem strategy helps customers create digital workflows across the corporate treasury value chain. Corporate treasurers have welcomed their innovative single solution strategy, and the company has grown to become the leading integrated treasury and risk management system. The partnership with Goldman Sachs Transaction Banking, building on the 2019 agreement with Goldman Sachs Asset Management are examples of how GTreasury leverages a true, fully integrated, single platform to provide unique end-to-end solutions for treasurers around the world. In addition, the expansion of their robust API library for internal and external connectivity, market data partnerships, such as the recently announced deal with FENICS MD, and existing relationships with SWIFT, Refinitiv, and others, provides corporate treasurers with the data they need to make real-time decisions.
Gtreasury Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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