Trovata Reviews

How easy it is to build reports. This has allowed us to build a suite of reports to suit our cash reporting needs

Very little. It meets all our needs & continues to add new offerings such as an investment portal

It allows us to have 1 report covering all our banks. Previously we had to build reports on excel based on extracts from different bank portals. This has saved time & allowed us to focus on building quality reports

Trovata is extremely intuitive and easy to understand. Building cash reports & cashflows has never been less manual

Differing times in getting banks onboarded onto Trovata - some are instantaneous while others take 3-4 weeks. This is more of a reflection of the banks than Trovata

Automating daily/weekly/monthly cash reporting. Becoming easy to use reconciliation tool for our Accounting team. The time savings are immediate & obvious

Ease of integration with large banks and ERP systems.

Google-like search processes

Logic tagging makes sense if business transaction is simple

Quick feedback loop on product feature requests.

In-chat fast live support within the module

Logic-tagging is useful, but limited. It needs to be SQL-like where you can apply multiple variables and parameters within data queries. There should also be another sophisticated way to streamline tagging or logic creation. For example, instead of creating individual tags and tag-hierarchy in the GUI, we should be able to create simple code or import a file based on a tag mapping.

Not quite sure yet if I can fully transition cash position and cash reporting from Excel to the UI. Initially, I did - but I'm thinking Trovata is more of a quick research, analysis, and charting tool within the GUI. Maybe this changes the more I utilize.

bank data aggregation - no need to log into bank portals for transaction queries

data and balance analysis - on the fly analysis of transactions and bank balances

User admin - For view-only users, instead of administering and adding them to all bank portals - we can streamline and direct users to Trovata

It centralizes all of our transactions in one area. It is easy to search and create dynamic reports that can be easily updated.

One additional functionality we have expressed interest in would be the same product for card processors/ payment gateways.

As a Treasury Management system Trovata provides us the ability to quickly find transactions that are very hard to search in bank portals. It also allows us to build reports that allow us to quickly update month end balances and activity.

The use for cash flow management has allowed us to build a cash activity rate for all our accounts. It allows us to track our recurring activity very easily. This has given us an insight of the timing on the in and out flows of our cash.

Easy to use API with examples in multiple programming languages

API doesn't have an endpoint for forecast data

Cash Analytics and Forecasting

Trovata makes cash flow forecasting easy and is also user-friendly.

It glitches at times and can make the user experience more frustrating.

You will be satisfied with this tool as it is user-friendly and meets your treasury needs.

Cash Flow forecasting.

A wonderful tool to normalize and consolidate cash transactions into one place.

Users get great customer service and the tool is easy to integrate and implement.

The tool has wonderful features covering deep drill down of costing and transactions.

The reporting analytics, variance analysis and real time monitoring helps well.

Onboarding time is the only challenge. Other than this, no major drawacks.

The dashboard for reporting can be a bit modern.

A super tool for forecast capabiity of cash flows.

The API integration is seamless and takes less time. Business after implementing Trovata was able to save lot of time.

Multiple bank accounts can be integrated with just a click. Ideal for all sizes of business.

It is very helpful that it aggregates all of our accounts across all the banks we use, and provides alot of helpful reporting options. I would say the reporting and ability to transation search are the best for me.

I am having difficulty with the forecast feature in Trovata. Im finding that there needs to be alot of manual manipulation to make the forecast somewhat accurate.

Trovata is solving the problem of having to go through all the bank platforms to see the balances/reporting accross accounts. They also solve the problem of having to aggregate reporting from those different bank platforms.

Trovata is user -friendly and customer service is superb!

There have been some mishaps along the way but customer service is very helpful and rsponsive.

Cash forecasting and some journal entry exports.

I like that Trovata is really easy to log in to, and see quantitative and qualitative information quickly.

Customer service is super responsive to answering my questions.

Implementation of bank data has taken longer than expected.

Also, sometimes things change on the site without warning or indication as to why.

Some of the site is not super intuitive such as setting up user groups, or sorting within the balances page.

It could use some more sort features.

Trovata is allowing us to aggregate our cash positions across a multitude of bank accounts.