TreasuryOS is an automated and real-time banking and payment reconciliation system, which can be bespokely tailored to integrate into any corporate treasury process. Essential for businesses that manage frequent and recurring payment schedules such as: Loan and Financing companies; Collection Agents, Insolvency Practitioner firms & Debt Management companies.
Leveraging real-time Open Banking data feeds, TreasuryOS reconciles the money actually received at bank with a firm's expected payment schedule and with any intermediary 3rd-party payment provider service. Successfully reconciled payments are automatically updated in a firm's central CRM / treasury system and exception workflow management triggers launched.
TreasuryOS delivers a host of benefits for firms such as:
- Real-time and automated reconciliation of payment requests
- Return payments, suspense and exception workflow management
- Rapid arrears and default identification
- Improved compliance and adherence to the financial regulator's SLAs
- Data-driven and automated reporting
- Intuitive visual dashboards and oversight management
