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TreasuryXpress:Opening the Gates of TMS to Companies Worldwide

Thomas Leitch, Vice President, Business Development, TreasuryXpressThomas Leitch, Vice President, Business Development
In wake of recession that hit the world economy in 2008, treasury teams of different organizations began vesting more attention toward implementing solutions that not only helped them accomplish business goals but remain equipped to counter critical risks. According to the results from the Global Corporate Treasury Survey that was conducted on nearly 100 corporations by Delloite earlier this year, cash repatriation, treasury technology systems, and liquidity risk management are the three biggest challenges endured by treasury departments.

Launched with a simple goal To enable firms to access world class, cost effective, and easy to implement treasury management system, TreasuryXpress is a ‘one stop shop’ for companies seeking Treasury Management Solutions (TMS).

The firm provides an easy to use interface that help customers control, secure, and take effective financial actions. “Our firm is really focused on a variety of crucial aspects such as cash visibility, payments, forecasting, and financial instruments to control risk. In fact, TreasuryXpress is opening up the TMS market for every scope, we truly are disrupting the historic perceptions and technology of the TMS world,” says Thomas Leitch, Vice President, Business Development, TreasuryXpress. With its specialization and expertise around TMS, the firm helps clients with affordable solutions and works toward finding new ways to provide 100 percent visibility into treasury and cash.

One of its offerings, TX systems, is a cloud-based solution encompassing features such as cash visibility function, bank account management, payment workflow, and connectivity management. The solution helps seamlessly manage cash positioning and hedging, accounts signatories, domestic and cross border payments and also rationalizes bank communication, respectively. Additionally, the ‘Book Generator’ is another of the company’s flagship solution that is deft in automating relevant reports proving essential in giving treasurers more time to be the strategic partner their business needs.


TreasuryXpress is opening up and disrupting the TMS market with its easy to install and affordable TX systems to every single organization in the world


Additionally, the ‘Book Generator’ is another of the company’s flagship solution that is deft in automating relevant reports proving essential in giving treasurers more time to be the strategic partner their business needs.

Owing to their deep acumen and prowess in solving issues pertaining to the TMS landscape which the company has inculcated in just two months since its inception, TreasuryXpress has garnered valuable associations with clients from various industries. Leitch recalls one of his clients, a renowned organization based in the Middle East. The customer was having a tough time managing their payments due to many technical errors and volumes. Also most of the employees working in the client’s company were filling different formats of payment. In total, the customer had nearly 1500 payments made monthly. When TreasuryXpress stepped into help the company ameliorate their payment process, it helped them implement payment workflows to eradicate fraud within the area. This resulted in the organization coming to accept new formats/processes of making payment transaction as well as incur savings of almost 75 percent of the cost needed to process and carry out these transactions.

TreasuryXpress has been a true disruptor in the marketplace. “This is our core differentiator. As a company, we have been opening up the TMS market with our easy to install and affordable TX systems to every single organization across the world regardless of their revenue,” remarks Leitch.

TreasuryXpress is now looking to spread beyond its horizon and establish a global foot print. “We believe that treasurers globally are looking for new disruptive technologies that are low in cost but high in functionality. We are en route to provide this and break historic molds to provide a new type of service and business structure,” concludes Leitch.