Following Trema’s acquisition of Alterna, the US technology group, the European-based software provider has launched the updated version of its cash and treasury management product by combining Alterna’s cash management product with Trema’s treasury and asset management offering.
The combined product represents Trema’s bid to tap in to the need for corporates to integrate cash and treasury management capabilities.
The product offers: transparency across the corporate finance department by using a single database; tight controls from subsidiary to the centralised treasury function level; compliance with IFRS and FASB accounting standards, and; integration of financial flows so in-house banks can measure investments through an improved working capital management process.
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