Trovata.io Automates Cash Forecasting with Sage Intacct
SAN DIEGO--(BUSINESS WIRE)--Apr 10, 2019--Trovata.io, a leader in automating cash management through open banking, today announced a partnership to integrate its software with Sage Intacct, a leading cloud financial management solution available in Sage Business Cloud. Trovata.io will now be available via the Sage Intacct Marketplace, a collection of the most innovative cloud solutions offering prebuilt integration with Sage Intacct.
This new relationship expands the ability of Sage Intacct customers to see daily cash positions and automate cash forecasting with direct AR and AP feeds using Trovata.io and its prebuilt (direct) API integrations that include hundreds of banks and now Sage Intacct.
The Sage Intacct solution helps finance and accounting professionals increase efficiency and drive growth for their organizations. Trovata.io complements this mission by helping joint customers automate manual tasks to report on cash positions and build forecasts – a crucial function for making strategic business decisions.
“We’ve built a thriving partner community and marketplace, with solutions that help companies extend the value of their Sage Intacct implementation,” said Eileen Wiens, VP of Business Development, Sage Intacct. “Our customers choose Sage Intacct to drive efficiencies across their financial processes, and by automating the cash forecast with this integrated solution, Trovata.io helps them further this goal.”
By bridging the gap between the accounting system and the bank, Trovata.io can deliver unique insights for joint customers and automate cash positioning, cash forecasting, and cash flow analysis. It allows customers to model different business scenarios and understand potential cash impacts on the fly.
“For too long, businesses at all stages have had to rely on manual and error-prone cash reporting using a combination of online banking and spreadsheets,” said Dave McCutcheon, Vice President of Sales & Alliances for Trovata.io. “As a result, many companies neglect cash forecasting altogether, leaving them exposed to risk while adding time and complexity to the strategic decision-making process. By joining the Sage Intacct Marketplace as a certified Partner, we’re able to add automated cash management to an already phenomenal ecosystem of solutions for finance and accounting professionals.”
Founded in 2016 by Brett Turner, a seasoned Controller and CFO with high growth tech companies who started his career as a CPA with Deloitte before managing SEC reporting for Amazon.com, Trovata.io is financially backed by one of the world’s largest financial institutions.
Trovata.io makes it easy for businesses to build and update their cash forecast by automating the work it takes to gather all the data. By bridging the gap between banks and accounting systems, Trovata.io is helping companies gain powerful insights into their cash inflows and outflows that drive better and quicker business decisions. Today, Trovata.io is helping companies between $20 million and $2 billion in revenues transform finance and treasury operations using open banking and machine learning. In most cases it takes less than an hour to get setup. Trovata.io is based in San Diego, CA. To learn more visit www.trovata.io.
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PUB: 04/10/2019 10:00 AM/DISC: 04/10/2019 10:00 AM