Complete treasury management for real-time financial control
Cash visibility, forecasting, debt, intercompany, and risk connected in one intelligent platform. Powered by TellMe, our treasury AI that executes operational tasks and surfaces strategic opportunities so your team focuses on decisions, not data gathering. Real-time connectivity to 15,000+ financial institutions with bidirectional ERP integration.
Trusted by 500+ corporate finance teams including
The all-in-one treasury management system for your entire workflow
A Treasury Management System (TMS) connects banks, ERPs and payment systems into one platform that automates cash visibility, forecasting, payments and reconciliation. For finance teams managing multiple entities, currencies and bank accounts, a modern TMS replaces spreadsheets and portal-hopping with real-time, auditable workflows.
Real-time visibility, zero manual effort
See your consolidated cash position across every bank, entity, and currency the moment you open the platform: no portal-hopping, no spreadsheet assembly, no waiting for yesterday's data.
Forecasting accuracy that compounds over time
Forecasts built on how counterparties actually pay, not when their terms say they should. Every cycle sharpens accuracy, reduces buffer requirements, and gives leadership confidence to act.
Risks caught before they escalate
Payment delays, covenant breaches, and intercompany mismatches flagged early with full context, not discovered at month-end when it's too late to act.
Strategic time back for your team
Operational treasury tasks run automatically. The hours your team used to spend gathering data now go to analysis, negotiation, and strategic planning.
From consolidated cash positions to strategic treasury decisions
See your complete cash position and forecast with confidence
Real-time cash positions across every bank and entity, combined with forecasting that adapts to how counterparties actually pay. Your team stops chasing data and starts trusting the numbers.
Reconcile intercompany transactions across every entity in seconds
Automatic matching, interest calculations, netting, and audit-ready matrices across the entire group. What used to take hours of entity-by-entity checking now runs continuously.
The intelligence behind Embat
What does TellMe do?
Everything your finance department needs:
Smart categorisation
Categorise every transaction automatically, from day one
Every incoming transaction is categorised automatically, with accuracy improving as your patterns are learned over time. Your financial picture stays current so your team makes decisions based on real data, not guesswork.
Invoice enrichment
Automatically turn raw forecast imports into structured, categorised data
Categories are assigned and each record linked to its corresponding bank product before you need it. No manual clean-up. No reconciliation surprises.
Forecast reconciliation
Match every forecast to its transaction with context-aware reconciliation
Every transaction is cross-matched against its corresponding forecast entry, generating a clear picture of what was expected, what arrived, and what is still pending. Every correction you make improves its logic continuously.
Payment behaviour analysis
Adjust forecast dates to match how your counterparties actually pay
Historical payment patterns across all your counterparties are analysed, flagging forecasts whose dates don't reflect real behaviour. Accept the proposal and your cash flow projections will immediately get sharper.
Forecast gap detection
Fill the gaps in your cash flow with forecasts based on historical patterns
Gaps in your forecast coverage are identified continuously. When one is found, a forecast grounded in your historical data is suggested, keeping your cash flow view complete and ready for decision-making.
Cash flow projection
Project cash flows automatically, even where historical data is missing
Categories lacking a direct data source are automatically identified, with forecasts generated from historical trends. You can apply manual adjustments at any time to ensure future estimates remain accurate.
Reporting intelligence
Turn your treasury reports into instant insights, complete with narrative
Your reports are automatically interpreted, with key insights highlighted and professional commentary added to provide context. Reporting cycles that once took hours are now completed in minutes.
Treasury management software that matches how your group is structured
Corporate treasury management software adapts to how your group operates. Embat is designed for finance teams that have outgrown spreadsheets but need more flexibility than legacy enterprise TMS platforms.
Mid-market companies scaling beyond spreadsheets
Once your group passes £15M revenue or five active bank accounts, daily
cash positioning in Excel becomes a two-hour task with compounding errors.
Mid-market finance teams need a Treasury Management System that ships with
pre-built connectors, deploys in weeks rather than months, and scales with
new entities without an IT project. Embat goes live in 4-6 weeks for
mid-market groups, with predictable subscription pricing and no on-premise
infrastructure to maintain.
Groups consolidating across multiple entities
Treasury teams running 5+ legal entities across countries spend most of
their morning reconciling balances, matching intercompany transactions and
chasing missing data from local controllers. A modern TMS automates
multi-entity cash positioning, intercompany netting and interest accruals
across the group in one consolidated view.
Embat consolidates cash positions across every entity, currency, and country in one view, and TellMe matches intercompany movements automatically, flagging only the exceptions that need a decision.
Treasury operations spread across banks and currencies
Logging into more than 10 different bank portals every morning is the most
common signal that your treasury operation needs a real-time TMS. A
modern platform connects all your banks via APIs, SWIFT or EBICS,
consolidates balances across every currency with live FX rates, and
surfaces intraday exposure before it becomes a problem. Embat connects
to 15,000+ financial institutions in real time, with native support for
multi-currency cash positioning and automatic FX translation across the
group.
PE-backed groups and post-acquisition portfolios
Private equity-backed groups need treasury infrastructure that can absorb
new acquisitions quickly, generate investor-grade reporting on demand and
maintain ISO 27001 / SOC 2 audit standards from day one. Legacy TMS
deployments don't survive aggressive M&A cycles.
Embat onboards new portfolio entities in weeks, integrates bidirectionally with SAP,
NetSuite, Microsoft Business Central, F&O and other ERPs, and ships with the security certifications
PE sponsors expect, making it the default treasury layer for portfolio
companies under value-creation plans.
One platform. Every bank. Full control.
Actual results from real finance teams
This is how teams already using Embat describe the change.
"Previously, 100% of one team member's time was spent on manual tasks. Today, one person can manage daily treasury in real time, spending only 10–15% of their time on it, freeing up resources for value-added work."Javier Gaya - CFO at HOFF
"If you apply a dose of AI to this, the result is highly promising and exciting. Embat's Treasury and Accounting solution is perfect for our organisation."Ángel López, CFO, Grupo CPS
"We manage a wide range of B2C, B2B, and B2G transactions with customers in 60 countries. With Embat, we have been able to bring the month-end close forward by more than 4 days and we have centralised payments, reducing the time per transaction from 10 minutes to a matter of seconds."Ignacio Marcos Pérez, CFO, thePower
"A Treasury Management System makes sense if it enables the Treasury Manager and Corporate Finance to have clear visibility across three levels: the actuals, confirmed forecasts, and an estimated forecast for strategic decisions. For us, Embat has been the solution that ensures clarity across those three levels."Michele Laria, Corporate Finance Director, Molins
Ready to transform your treasury operations?
Book a demo tailored to your specific challenges and see how Embat can transform your finance operations in weeks, not months.
Frequently Asked Questions about our Treasury Management System (TMS)
A Treasury Management System (TMS) is a software solution designed to automate finance operations such as cash management, payments, forecasting, and liquidity planning. By centralising these processes, a TMS provides real-time visibility over accounts, streamlines reconciliation, reduces manual errors, and helps finance teams make smarter, faster decisions. With Embat's cloud-native TMS, businesses benefit from enhanced automation, reliable audit trails, and scalable treasury tools that save valuable time for your team.
Embat integrates directly and securely with major ERP systems including SAP, Oracle, NetSuite, and Microsoft Dynamics. Bidirectional connectivity means journal entries, bank statements, and reconciliations are automatically synced across all entities without manual re-keying of data. Embat utilises secure APIs or native cloud connectors, making deployment straightforward and ensuring your financial data remains consistent and up-to-date in every system.
Absolutely. Embat is built to support growing businesses and multinational organisations with multiple entities, currencies, and banking relationships. Its flexible architecture means you can onboard new subsidiaries, integrate additional banks or ERPs, and customise approval workflows effortlessly. Whether you're expanding across regions or increasing transaction volumes, Embat keeps pace with your growth, ensuring high performance and robust compliance for complex treasury needs.
A Treasury Management System works by connecting your bank accounts, ERP, and payment systems into a single platform that centralises every treasury workflow. It pulls real-time bank statements via APIs or SWIFT, consolidates balances across every entity and currency, runs cash flow forecasts based on historical and confirmed data, executes payments through approval workflows, and reconciles transactions automatically against your ERP. The result is a continuous, audit-ready picture of your corporate cash without spreadsheets, portal-hopping, or manual data gathering. Modern TMS platforms like Embat add AI on top of this core, surfacing anomalies, suggesting forecast adjustments, and automating categorisation so treasury teams spend their time on decisions, not data preparation.
A TMS and an ERP are complementary, not competing systems. A Treasury Management System is the system of action for cash, banks, and liquidity; it manages what is happening right now and what will happen across every bank account and forecast horizon.
ERPs are not built to ingest real-time bank feeds, execute payments via SWIFT, run intraday cash positioning, or model FX exposure across entities. Embat connects directly to your ERP bidirectionally, so journal entries, reconciliations, and bank statements flow automatically in both directions, giving finance teams the operational depth of a TMS without breaking the system of record.
An automated Treasury Management System removes the manual layer between your treasury team and your data. Concrete benefits:
- Time savings of 80-90% on operational tasks: Embat customers like HOFF report one person now manages daily treasury in 10-15% of their time, down from 100%.
- Real-time cash visibility across every bank, entity and currency, eliminating end-of-day spreadsheet consolidation.
- AI-powered reconciliation matching ~90% of bank transactions automatically.
- Forecast accuracy that compounds as the system learns from how counterparties actually pay versus their terms.
- Touchless payment workflows: payments per transaction drop from 10 minutes to seconds.
- Audit-ready trails for compliance and internal controls.
- Earlier month-end close: thePower brought theirs forward by 4 days after automating reconciliation and payments.
A modern Treasury Management System should be cloud-native, modular and AI-enabled. The core feature set includes:
- Real-time bank connectivity to thousands of financial institutions via APIs, not just SWIFT or file-based formats.
- Bidirectional ERP integration with SAP, Oracle, NetSuite and Microsoft Dynamics.
- Multi-entity, multi-currency cash positioning consolidated in one view.
- Adaptive cash flow forecasting that learns from actual payment behaviour.
- Automated bank and PSP reconciliation powered by AI matching.
- Touchless payment execution and approval workflows with full audit trails.
- Intercompany netting, debt and counterparty risk management modules.
- Native AI capabilities, like Embat's TellMe, for categorisation, anomaly detection, forecast generation and reporting commentary.
- Modular architecture so you activate only what you need today and scale later.
- Enterprise-grade security (ISO 27001, SOC 2, GDPR).
Implementation timelines depend on the TMS architecture and the complexity of your treasury operations. Legacy on-premise systems typically require 6-18 months and significant IT resourcing. Modern cloud-native platforms can be live in weeks for mid-market companies, scaling to 2-4 months for complex multinational rollouts with dozens of entities and banks. The critical factors are:
- Pre-built bank and ERP connectors: Embat ships with native integrations for SAP, Oracle, NetSuite, Microsoft Dynamics, and 15,000+ financial institutions, avoiding bespoke development.
- Phased rollout: start with cash visibility and forecasting, then add reconciliation, payments, and intercompany.
- Dedicated implementation team guiding configuration, data migration and user training. And, once the implementation process is complete, the Embat team also provides personalised support to each client for new challenges, new tool functionalities, and new client needs. Most Embat customers see meaningful results in the first 4-6 weeks, with full functionality typically live within one quarter.
Multi-entity and multi-currency operations are where spreadsheets and ERPs reach their limits and a TMS becomes essential. A modern TMS solves four specific problems:
- Consolidated cash position across every legal entity, country and currency in a single view, with automatic FX conversion at live rates.
- Intercompany operations: automated matching, interest accruals, netting calendars and audit-ready settlement matrices replace entity-by-entity spreadsheet checks.
- Cash pooling and sweeps: physical or notional, configured once and executed automatically across the group.
- Local compliance with country-specific payment formats, regulatory reporting and banking standards.
Embat's customers operate across 60+ countries on a single platform, from Molins managing treasury across 11 countries to thePower centralising B2C, B2B and B2G payments in 60. The same platform handles a 3-entity UK group and a 50-entity multinational.