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Trovata TMS

trovata.io

From $2,000/mo WebiOSAndroidAPI
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Spec score 8.0 #14 of 71 in Bank Connectivity Software

What it is

Trovata TMS is a cloud treasury management system for teams handling cash across multiple banks, entities, and currencies. It connects to banks in real time and normalizes financial data, giving users prior-day and intraday cash positions. Forecasts combine historical trends, ERP inputs, and capital-markets activity, then compare projections with actuals. The platform centralizes bank accounts, signers, documents, and approvals, while automating account maintenance, compliance reporting, and fee analysis. Policy-based workflows support payment initiation, approval, and release, updating cash, forecasts, and accounting as transactions move. Reconciliation covers bank activity, payments, and ERP data, with journal entries for cash, interest, foreign exchange, and accruals. Trovata AI offers natural-language chat and agents for insights, narratives, anomaly detection, reconciliation summaries, and alerts. Integrations include NetSuite, Sage Intacct, Oracle Fusion, SAP, and FloQast, with APIs for other systems. It runs on web, iOS, and APIs.

Spec sheet

What it does
Trovata TMS is a cloud-native treasury system using real-time bank connectivity and normalized financial data across cash, banking, capital markets, payments and accounting.Read 15 Oct 2026 · trovata.io
Product
Trovata TMS is a cloud-native treasury management system built on real-time bank connectivity and normalized financial data.Read 1 Oct 2026 · trovata.io
Integrations
Officially listed integrations include NetSuite, Sage Intacct, Oracle Fusion, SAP and FloQast, with API and SFTP connectivity for other systems.Read 15 Oct 2026 · trovata.io
Security
Trovata states that production data is encrypted at rest with AES-256 and protected in transit with TLS 1.2 using Amazon Key Management Service for cryptographic keys.Read 15 Oct 2026 · trovata.io
Compliance
Trovata states that its secure cloud-based platform is SOC-1 Type 2 and SOC-2 Type 2 certified.Read 1 Oct 2026 · trovata.io
Support
The base package includes 3–5 hours of live training and unlimited in-app technical support.Read 1 Oct 2026 · trovata.io
Headquarters
Solana Beach, California, United StatesRead 28 Sep 2026 · trovata.io
Founded
2016Read 28 Sep 2026 · trovata.io
Accounting
The platform reconciles bank activity, payments, and ERP data and generates journal entries for cash, interest, FX, and accruals.Read 1 Oct 2026 · trovata.io
AI
Embedded Trovata AI offers natural-language treasury chat and scheduled or triggered agents for reporting narratives, variance explanations, anomaly detection and reconciliation summaries.Read 15 Oct 2026 · trovata.io
AI capabilities
Trovata AI provides natural-language chat and agents for treasury insights, narratives, anomaly detection, reconciliation summaries, and alerts.Read 1 Oct 2026 · trovata.io
API access requirement
A customer-success manager must enable Developer Portal access before an organization can create applications and credentials.Read 15 Oct 2026 · help-center.trovata.io
Apple app
The free Trovata, Inc. iPad-focused business app requires iOS 16 or later, supports iPhone and iPad, and is 18.3 MB.Read 15 Oct 2026 · apps.apple.com
Availability commitment
The service-level agreement targets 99.5% monthly availability and permits termination with a prorated refund if availability falls below that level in three of six consecutive months.Read 15 Oct 2026 · trovata.io
Bank management
Bank management centralizes accounts, signers, documentation and approvals and supports account maintenance, compliance reporting and fee analysis.Read 15 Oct 2026 · trovata.io
Capital markets
The capital-markets module tracks debt, investments and short-term funding across facilities, instruments and positions.Read 15 Oct 2026 · trovata.io
Cash forecasting
Forecasts can combine historical trends, ERP inputs and capital-markets activity and be compared with actual results.Read 15 Oct 2026 · trovata.io
Cash positioning
The TMS provides automated prior-day and intraday cash positioning with drill-down into balances, transactions and movements.Read 15 Oct 2026 · trovata.io
Company profile
LinkedIn lists Trovata as a privately held software-development company headquartered in San Diego with 51–200 employees and a 2016 founding year.Read 15 Oct 2026 · linkedin.com
Developer API
The Developer Portal exposes REST APIs returning JSON, supports application credentials and code generation, and offers language examples including Shell, Node and Python.Read 15 Oct 2026 · help-center.trovata.io
Developer use cases
Documented API workflows include transaction warehouse feeds, bank reconciliation, balance cross-checks, ERP processing, Excel Power Query, Power BI, NetSuite and FloQast.Read 15 Oct 2026 · help-center.trovata.io
Financial accounting
Trovata reconciles bank, payment and ERP activity and generates journal entries for cash, interest, FX and accruals.Read 15 Oct 2026 · trovata.io
Funding
Trovata says it has raised more than $80 million from strategic financial-institution investors including J.P. Morgan, Wells Fargo, State Street and Mastercard.Read 15 Oct 2026 · trovata.io
Hedging and risk
The system links FX exposures to hedges, monitors hedge effectiveness and automates mark-to-market and hedge-accounting work.Read 15 Oct 2026 · trovata.io
Identity controls
Trovata supports SAML 2.0 SSO, MFA and passwordless sign-in through its iOS app, with documented Okta, Azure and OneLogin setup paths.Read 15 Oct 2026 · trovata.io
Implementation
Most Trovata TMS implementations take several weeks depending on the banks, entities, and workflows in scope.Read 1 Oct 2026 · trovata.io
Licence
The SaaS agreement grants a limited, nontransferable, nonexclusive internal-use right and prohibits reproduction, reverse engineering, sublicensing and unauthorized access.Read 15 Oct 2026 · trovata.io
Limit: forecasting accuracy
G2 reviewers report difficulty getting forecasts to match actuals and needing manual manipulation for accuracy.Read 15 Oct 2026 · g2.com
Limit: forecasting imports
G2 reviewers report that manual cash-forecast uploads require an exact daily template and substantial reformatting.Read 15 Oct 2026 · g2.com
Limit: missing workflow detail
G2 reviewers cite missing running balances per transaction, inability to combine balances and transactions in one glanceable report, and lack of outstanding-check tracking.Read 15 Oct 2026 · g2.com
Limit: transaction monitoring and desktop
A TrustRadius reviewer requested stronger transaction monitoring, a desktop program and more training videos.Read 15 Oct 2026 · trustradius.com
Notable news: ATOM acquisition
On July 24, 2025, Trovata announced its acquisition of Financial Sciences' ATOM TMS and a $9 million strategic extension that brought total funding to $80 million.Read 15 Oct 2026 · trovata.io
Payments
Payments can be initiated, approved and released through policy-controlled workflows with real-time updates to cash, forecasts and accounting.Read 15 Oct 2026 · trovata.io
Praise: usability and integration
TrustRadius reviewers repeatedly praise easy bank and ERP integration, a user-friendly Google-like search and tagging experience, and responsive support.Read 15 Oct 2026 · trustradius.com
Praise: visibility and automation
G2 reviewers frequently praise the single dashboard, cross-bank transaction search, real-time cash visibility, automated reports, tagging and reduced manual work.Read 15 Oct 2026 · g2.com
Rating on G2
4.5 out of 5 from 34 reviews.Read 15 Oct 2026 · g2.com
Rating on GetApp
4.5 out of 5 from 25 reviews.Read 15 Oct 2026 · getapp.com
Rating on TrustRadius
6 out of 10 from 2 reviews and ratings.Read 15 Oct 2026 · trustradius.com
Self-hosting
The service is delivered as cloud software under a subscription agreement, with no self-hosted deployment option described.Read 15 Oct 2026 · trovata.io
Target users
Trovata TMS is designed for treasury teams managing multi-bank, multi-entity, and multi-currency environments, finance leaders, and accounting teams.Read 1 Oct 2026 · trovata.io

Plans and prices

Base Package $24,000 a year $24k/year 1 bank · 100 accounts · 1,000,000 transactions · 10 users · RTP/ACH/wire payments · entity management · Trovata AI · workbooks · statements · Developer Portal · investments · standard support Read 15 Oct 2026 · trovata.io
Trovata TMS Priced on request Contact Sales For a Quote Capital markets · account management and fee analysis · intercompany and in-house banking · global payments automation · full treasury sub-ledger · FX and interest-rate hedging Read 15 Oct 2026 · trovata.io

Every Trovata TMS plan and price →

Strong points and limits

Strong points

  • Real-time cash positioning across banks and entities
  • Forecasts compare projections with actuals
  • Policy-driven payment approval and release
  • Native ERP and finance integrations
  • SOC-1 and SOC-2 Type 2 certified

Limits

  • No free plan
  • Base Package costs $24,000 a year
  • Implementation usually takes several weeks

Who it suits

It suits treasury, finance, and accounting teams managing multi-bank, multi-entity, or multi-currency operations. Finance leaders needing cash visibility, forecasting, payment workflows, or risk tools may also fit.

Verdict

Trovata TMS brings cash visibility, forecasting, bank administration, payments, and accounting reconciliation into one hosted system.

Where Specifiction places it

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