Rating
4.5
25 reviews
Starting price
$24,000
Other
Categories
3
Founded
2016
Employees
86
Funding
72.1M
Series B
Trovata’s Treasury Management System (TMS) provides a cloud-native, AI-driven platform offering real-time liquidity insights and secure, compliant API-based payment capabilities. Users initiate global payments, manage automated workflows, approvals, and ERP integrations, gaining unparalleled speed and precision in treasury operations.
Ad spend / mo
$906
8 paid keywords
Paid visits / mo
91
Organic keywords
1,427
Organic visits / mo
2,522
Authority
31
1,381 ref domains
Creatives run
9
as Trovata Inc.
Active now
5
last 14 days
Advertising since
Jun 2023
2.5+ yrs running
Last seen
yesterday
still active
Running 24 ads on LinkedIn as Trovata - a paid B2B channel, on top of any Google/Capterra spend.
The shared messaging across Cash Flow & Treasury Management Software advertisers - the validated angles to copy. See the niche →
(25 reviews)
Pros: Great team to work with, helps us with insights in our forecasting.
Cons: Initially time consuming in set-up, but improvements been made since we implemented.
Jerron G. · CFO · Hospital & Health Care · September 28, 2024
$7a
Pros: I've really appreciated Trovata's ability to simplify cash management across multiple accounts and currencies. The real-time visibility into cash positions is incredibly helpful for making quick, informed decisions. Their forecasting tools, which leverage machine learning, have also been a game-changer for predicting cash flow needs and planning accordingly. Plus, the interface is straightforward and user-friendly, which made it easy for our team to integrate Trovata into our daily operations without a steep learning curve. Overall, it’s streamlined our financial workflows significantly.
Cons: One aspect of Trovata that has been somewhat disappointing is the occasional glitches and the lag in updating forecast streams. These issues can disrupt the workflow, especially since timely and accurate data is crucial for effective cash management and decision-making. It can be particularly challenging when you depend on the platform for real-time financial insights, and these lags affect the overall efficiency and reliability of the tool.
Timothy H. · Director of Treasury Services · Non-Profit Organization Management · September 25, 2024
| Category | Page | Rank | Placement |
|---|---|---|---|
| Financial Management | 1 | 3 | Ad |
Domain confidence 99%
| Keyword they bid on | CPC | Pos | % budget | Landing page |
|---|
| trovata | $9.20 | 2 | 31.4% | trovata.io/ |
| cash flow frog | $15.68 | 1 | 12.0% | trovata.io/ |
| cashflow frog | $15.68 | 1 | 6.8% | trovata.io/ |
| treasury software positive pay | $0.00 | 2 | 0.0% | trovata.io/trovata-tms |
Cash Flow Software
Cash Flow Management Platform — Analyze cash trends. Build powerful forecasting models using AI and machine learning. Monitor cash flow effortlessly across all your banks and accounts. Save hours every week. Best Customer Service.
https://www.trovata.io
Cash Flow Forecasting Software
No More Forecasts in Excel — Effortlessly manage cash flow with Trovata's easy-to-use forecasting tool. Book a demo! Stop...
https://www.trovata.io › forecast › software
Treasury Management Software
Your Treasury, On Autopilot — Ditch legacy systems. Trovata automates cash, forecasting & payments in real time. Fast setup...
https://www.trovata.io › treasury › platform
Cash Flow Forecasting Software
Real-Time Cash Forecasting — Effortlessly manage cash flow with Trovata's easy-to-use forecasting tool. Book a demo!
https://www.trovata.io › forecast › software
Cash Flow Forecasting Software
Flexible Cash Forecasting — Effortlessly manage cash flow with Trovata's easy-to-use forecasting tool. Book a demo! Stop...
https://www.trovata.io › forecast › software
awesome interface. very easy to use. dashboard is amazing. information loads in real time. I enjoy the tag function.
Pros: ease of use. I use this to forecast our cash and our leadership team loves it.
Cons: can have glitches from time to time. other than that, very streamlined and simple to use
Devon P. · Finance and Treasury · Hospitality · September 12, 2024
Love Trovata and they are very responsive. API connection to all banks will be a game changer once they get there.
Pros: Great system to track past spending and review a daily cash position
Cons: The forecasting tool is relatively new and needs some clean up in order to make it presentable to executives.
RODERICK A. · Vice President · Entertainment · August 29, 2024
Pros: The system is fairly easy to use and intuitive. Also, the cost compared to some more popular TMS's is pretty inexpensive. If you are looking for a system mostly for reporting then Trovata is probably the best for the cost.
Cons: I've worked in larger treasury departments and I feel that Trovata wouldn't be the best for a robust treasury team. There seems to be more reporting limitations with Trovata than there are with some competitors. Also, I have had some issues with bank connections that I have not experienced with other TMSs.
Jamie A. · Treasury Manager · Real Estate · July 25, 2024
Pros: this software allows me to control my trust and to keep me informed about the different movements in my different bank accounts
Cons: I find it a pity that there is no trial version or free to allow to be familiarized with its system moreover it needs some tutorial to allow the new user to understand its principle well
maxime t. · CEO · Civil Engineering · October 5, 2022
We've benefited by cutting down weekly reporting by hours a week, and multiple hours a day at quarter end. Trovata has helped our accounting team research payments and also provides more visibility into transactions.
Pros: I like how easy Trovata is to use. Before Samsara, I never used a TMS system and was able to implement the system with the help of [SENSITIVE CONTENT] . Since the product is easy to use, I was able to demo to the accounting team fairly quick with no issues!
Cons: There are some features that should be added - i.e. the total rows in the saved reports (horizontal totals by tag). The site itself can have bugs that are easily troubleshooted but take time to fix. Some examples are, transactions not loading, clearing cache, not being able to see a report immediately, ability to export reports instead of copy/paste.
Alyson D. · Sr. Treasury Analyst · Internet · June 15, 2022
Updating our cash flow forecast has been made easier with Trovata
Pros: Clean format and easy to use and understand for new users. Able to build any conditions to tags.
Cons: The tagging system is difficult to use if you are looking to build in multiple conditions / rules.
Kevin D. · Senior Treasury Analyst · Computer Software · June 13, 2022
Pros: The integration was very easy, the product is user friendly and easy to operate and the supporting team was always available if we faced any difficulties
Cons: I think the forecast feature could improve, It still has some limitations in terms of the different data streams. It would be great if there were an option to integrate with google Sheets and push external data to the platform. also, as a crypto company, it could be a big advantage if we were able to integrate with crypto exchanges (FTX, etc)
Daniel D. · Treasury Manager · Financial Services · June 9, 2022
Pros: The ease of implementation. It doesn't take much to set up (no need for an IT department to be involved). Once the transactions are being fed into their system, transactions can be easily searched for without sifting through bank statements or logging into multiple banking institutions (if applicable).
Cons: The reports are a little difficult to set up at first. Some reports cannot be sorted by tag, unless they are exported into excel. Limited to 50 tags per report. Sometimes a bit glitchy.
Victor D. · Assistant Controller · Higher Education · June 8, 2022
Implementation was relatively easy. The continual changes/additions to UI, Reporting, Tagging, etc. have lead to some additional questions and brain-storming, but nothing of considerable worry.
Pros: Ease of implementation was key. We wanted a product that we could get up and running within a short period of time. With our continual growth, being able to link accounts quickly is paramount.
Cons: Due to Trovata being a relatively new product/service, we've continually run into issues that required tech help (from both Trovata and the banks). We do still continue to run into issues relating to connections with a few key banks (HSBC and US Bank).
Bryce P. · Senior Treasury Analyst · Sports · June 7, 2022
Pros: The system is very easy to deploy, cash visibility was set up within a month with zero IT effort. The suite of features offered are not as abundant as its competitors but there is enough to help get the Treasury team going and there are many cutting-edge enhancements in the roadmap which we are very excited about. The customer service/consultants are exceptional. Very knowledgeable and they respond promptly. The training sessions are thorough and highly customizable to the needs of the client. Overall, good experience and would highly recommend the product to my peers.
Cons: Lack of certain features but most of them are being developed so not a huge concern.
Robert H. · Sr. Manager, Treasury · Computer Software · June 4, 2022
Pros: Ease of use, connections with multiple banks, tagging structure
Cons: Creating reports could be more user friendly.
Anil R. · Senior Treasury Analyst · Sports · June 3, 2022
Pros: I enjoy the ease of use but also the customization ability in Trovata. It allows for many possible scenarios to be modeled and important business metrics/cash to be tracked.
Cons: It takes a bit to get all things in the customization up to speed so implementation could be faster.
Ryan F. · International Treasury Manager · Financial Services · June 2, 2022
Pros: Easy to use Readily available banking information every morning Seamless integration & Setup
Cons: Incomplete Transaction Pulls Manual Tagging
Liam H. · Treasury Manager · Oil & Energy · June 2, 2022
Pros: Trovata was a straightforward and seamless integration with our existing bank accounts. The ability to concisely and clearly see our current cash position as well as our forecasted cash position has been a huge win for our organization. The team at Trovata was also immensely supportive in our onboarding process and getting us up and running in time.
Cons: While it was not to be expected, it would have been nice if Trovata supported cash / stablecoin balances on digital asset exchanges given the rise in digital assets as part of the broader financial services ecosystem
Jason P. · Global Treasurer · Financial Services · March 29, 2022
Trovata allows us to see all of our banking activity at a transaction level, forecast easily and make adjustments daily
Pros: we are a middle market company but we are global and have many subsidiaries. A TWS is too big, too expensive , too hard to implement and not flexible enough. Trovata is right sized, right priced and flexible for our needs.
Cons: It is new so there are continuing improvements and discoveries are we progress. this is not necessarily a bad thing as Trovata is very responsive to design changes/additions
Mary D. · Director · Maritime · March 11, 2022
Pros: Financial reporting is most impactful. There isn't a favorite when using the software.
Cons: The search engine is not useful. Example: when searching for a payment amount $14,615.15 or 14,615.15 or 14615.15 the payment will not populate. You have to search via the "From - To dates." Also, being able to search for a payment via the client/payee name would be helpful.
Tonya R. · Cash Applications Associate · Logistics and Supply Chain · March 9, 2022
From demo to trial, to implementation. Every screen share, every meeting, and all of the training sessions proved we made the right choice to use Trovata to assist us in our daily treasury functions. I would award five stars and more for customer service, training, support, sales, and customer inclusion.
Pros: What we liked most about Trovata is the ease of implementation, the customer service, the transparency to work through hiccups, and the simplicity of the software. Tags, custom reports, GL Tagging, and distribution lists rank as my favorite features. Having the ability to tag transactions, and have a customized report automatically delivered to our executive team gave my team more time to focus on other tasks.
Cons: The inability to connect to smaller banks was disappointing. Small local banks don't have the funds or ability to create the backend necessary to play nice with Trovata. Teamwork prevailed and solutions were provided, but we missed out on using the software to its fullest potential.
Bea F. · Corporate Controller · Accounting · March 7, 2022
Pros: Ease of use overall and creating tags, reviewing activity and balances
Cons: The consistency of its functionality. I encounter bugs often.
Bryan M. · Sr Treasury Analyst · Retail · February 10, 2022
Pros: Real-time access. Ability to customize transactions to categorize & tag. Daily report that gives me a high level overview of prior day activity.
Cons: Ability to customize the opening screen to the feature I use most - Transactions, rather than Balances.
Kirsten C. · Manager · Financial Services · February 10, 2022
Overall I am very happy with the product. I think it's a game changer if you want to see historical data.
Pros: How fast the software can pull historical data to create reports.
Cons: The software still have a handful of bugs. The PDF reporting tool does not match the software reports. When updating forecasts, some categories will have a "processing" status but they never end up processing.
Antonio C. · Treasury Analyst · Hospitality · February 10, 2022
Excellent customer service and onboarding. The team has great business insights and has been a great thought partner rather than just an implementation partner.
Pros: Trovata has greatly simplified our cash position reporting by eliminating the need to log into multiple banking portals. We have additionally gained tremendous insights into our cash flow and have enhanced our cash flow forecast capabilities. Features like "tags" provide great efficiencies in our day to day operations.
Cons: There aren't really any cons. The ability to initiate and approve bank/wire transfers in Trovata, however, would be an ideal future development.
Brent T. · SVP, Finance · Real Estate · September 25, 2020
Overall experience with Trovata software and Trovata team has been exceptional. Trovata tool is used for cash reconciliation, cash analysis and cash forecasting. Trovata mobile app helps our [SENSITIVE CONTENT HIDDEN] know our cash position at any time, anywhere, at a click of a button!
Pros: $7c
Cons: I do not think you can have multiple user roles within Trovata, but I would like to be able to give different permission rights to users of the product.
Aurelia S. · CFO · Events Services · August 27, 2020
Great experience working with Trovata. They've been very supportive and always available for a quick call or demo on how to do something. Also, continue to update their product so it continues to be beneficial.
Pros: Forecast tool. Trovata connects to your bank account(s) and examines the past year of transactions. Then, by tagging certain transactions/vendors/amounts (almost any identifier) you can build full cash forecast, partial account forecast, individual vendor forecasts, or anything else you might want. It continues to learn as more and more activity occurs.
Cons: The learning of Tags and their integration to forecast is a little clunky at first, and not completely intuitive, but after a learning session and some time spent on your own testing and trying different things it gets pretty easy. It worth the slight learning curve, as you understand the forecast more when adding each tag, since you spent so much time building the tag to be as accurate as possible.
Jonathan W. · Sr. Treasury Analyst · Hospital & Health Care · July 21, 2020
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