TreasuryXpress Announces 83% Year Over Year Growth
Growth supports the global trend towards digital treasury and financial transformation.
NEW YORK, July 31, 2018 /PRNewswire/ -- TreasuryXpress, the global leader of on-demand treasury management solutions (TMS), today announced a record year over year, sales contract increase of 83% across the Americas, EMEA, and MENA regions for their enterprise treasury management solution during the first half of 2018.
TreasuryXpress has been pioneering digital transformation in the treasury space with the release of the industry's first and only on-demand treasury management solution in 2015. Since that time, the company has realized double and triple year over year growth. Global cosmetics company, Clarins; investment management firm, Ravenscroft; consumer goods company, Zep; and manufacturing company, Dentsply are among some of the firm's latest client acquisitions. With these additions and the company's expansion into Ireland and Turkey during the first half of 2018, TreasuryXpress now supports clients in over 43 countries worldwide.
The firm attributes current growth to their on-demand TMS model and single-channel client experience they deliver for both implementation and support.
"Treasurers need less complication in their daily lives. When clients chose TreasuryXpress, they know exactly what solution they are getting and who they are working with," says Anis Rahal, CEO and founder of TreasuryXpress. "Using the latest digital technology innovations to build and implement our solutions, we have significantly eliminated manual processes and unnecessary complexity for our clients."
According to the firm, clients are largely selecting TreasuryXpress for their core cash, liquidity, and payment capabilities as well as their overall ease of purchase and implementation. Further, many treasury teams are attracted to the infinite scalability of the TreasuryXpress solutions to support emerging digital requirements such as cryptocurrency reporting/support and PSD2 compliance, to name a few.
"Many TMS' that were innovative 10 – 15 years ago have now become too cumbersome to scale as the market pushes forward in the digital era," continues Rahal. "Today's treasurer wants to benefit from the advantages of modern technology that remove unnecessary friction in their daily lives. We are experiencing tremendous growth because we are focused on delivering technology that causes the least amount of business disruption while delivering the highest level of operational efficiency and intelligence to treasuries."
Amidst growth, TreasuryXpress maintains a 99% client retention rate year over year which is reflective of the firm's client-first commitment.
ABOUT TREASURYXPRESS
TreasuryXpress, a global FinTech provider, was created with one simple aim – to give all companies powerful, cost-effective, and easy-to-implement Treasury Management capabilities that empower them to be able to work smarter!
Our solutions centralize more than 10,000 bank accounts daily and process electronic payments for over 7 billion USD each year.
Visit us at www.treasuryxpress.com or email [email protected] for more info.
Press Contact:
Tracy Kantrowitz
Phone: 347.920.1673 | Email: [email protected]
SOURCE TreasuryXpress, Inc.
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