Treasury management solutions provider TreasuryXpress has rolled out an online store for its corporate clients.
An announcement on Wednesday (Sept. 7) said TreasuryXpress has launched the TreasuryXpress Lab, an online store for corporate treasurers to shop and procure treasury tools, whether standalone or add-on.
“What enables frictionless IT is a smooth experience. It is defined by the quality and ease of interaction between the user and the technology during deployment, integration and ongoing use,” said TreasuryXpress CEO and Founder Anis Rahal in a statement. “With the most resource-friendly implementation experience in the industry, we have accomplished this with our enterprise TMS solution, C2Treasury. Now, we are enhancing that experience by delivering on-demand products and functionality via our Lab.”
The Lab will offer products on a subscription basis. Its first product, Forecast+, provides a cash flow forecasting tool for companies of all sizes, TreasuryXpress said, and can be integrated into existing treasury management systems or used independently. The company didn’t elaborate on what additional products will be available through the portal.
“My vision for founding TreasuryXpress was to create solutions for financial processionals that just work,” Rahal continued. “As a former treasurer myself, I want my clients to have access to the best solutions when and how they require them. I want to make their job easier.”
The Lab will provide solutions on an on-demand basis that companies can set up into their corporate systems themselves, the announcement added.
TreasuryXpress’ new offering comes at a time that analysts say is critical for the treasury management space. A recent report by Strategic Treasurer concluded that the rate of change in TMS technology is “spectacular,” with technological, political and economic events all shaping the industry.