Treasury Workstation Implementation

Elire is the industry leader in Treasury Workstation Implementations
with 200+ implementations to date.

Elire’s Treasury experts will apply 20 years of financial services industry experience and over 10 years of Treasury Management workstation implementation and upgrade experience to your firm’s treasury business processes. Our experts have managed hundreds of full-life cycle treasury implementations and upgrades in a wide variety of industries. We will successfully deliver all phases of the workstation/ERP implementation or upgrade using our proprietary Elire Success Delivered™ Methodology. Elire treasury implementation and upgrade services can be applied to any of the following Treasury Management scenarios:

  • Stand-alone Treasury Workstation
  • ERP Treasury Workstation
  • Cash Position Analysis/Design
  • In-House Bank/Cash Pooling Design
  • Cash Flow Forecast Modeling
  • Electronic Funds Settlement – EDI 820, NACHA, SWIFT
  • EDI 822 Bank Compensation Analysis
  • Deal Management (Investments/Debt/Derivatives)
  • Check 21/ Accounts Receivable (ARC) check conversion
  • Treasury System Integration

A unique alternative for using our Treasury Implementation and Upgrade Services to your best advantage is in the assessment of the validity of a prospective project. Elire experts can provide project estimates for timelines, budgets, and resources based on our familiarity with a variety of software, technologies, and banks.

Oracle PeopleSoft and EBS Treasury

Elire is the leader in the PeopleSoft space for Treasury solutions, from Cash Management, Deal Management, Risk, to the Financial Gateway.  No one else has the depth and breadth of the financial skills that our resources possess.  If you ask Oracle who the #1 PeopleSoft Treasury firm in the country is, the answer will be a unanimous “Elire.”

The PeopleSoft and Oracle Treasury modules help support and oversee organizations cash and payment processes, ensure liquidity, handle financial transactions from deal capturing to accounting and evaluate interest, foreign exchange, price, and commodity risks. Components of the modules include:

  • Treasury and Risk Management -- PeopleSoft and Oracle Treasury and Risk Management offer straight-through processing of the principal tasks in a finance department to ensure optimum liquidity management as well as portfolio and risk management - in strict accordance with legal regulations.
  • Cash Management -- The Cash Management application provides a complete overview of your cash resources at all times, while also closely monitoring your financial reserves.
  • Deal Management – Deal Management offers streamlined deal initiation, administration, settlement accounting, and position monitoring.

Customers who have implemented Treasury applications from Oracle typically cite the following business drivers behind their decision:

  • Increased efficiency by means of streamlined, straight-through treasury processes, real-time transparency into liquidity position and ability to manage cash flows in several currencies across many subsidiaries
  • Lower costs through better rates and lower fees and taxes by means of a truly global treasury system and reduction in external fees via in-house bank
  • Manage financial risk through state-of-the-art risk analysis and control
  • Reduce IT operating costs through integrated solution eliminating multiple interfaces and reducing maintenance of legacy systems
  • Reduce operating costs through improved accounting processes, increased operational productivity, reduced transaction costs, reduced maintenance and costs of interfaces, and elimination of spreadsheets and manual processes.
  • Increased cash utilization
  • Robust bank integration for real-time cash visibility and reduced data gathering
  • Improved transparency and auditability of activities
  • Improvement of regulatory compliance

How Elire Can Help

Our consultants can conduct a detailed review and cataloging of your existing Business Processes and identify areas where improvement/redesign can help your company maximize the benefits of a software solution and realize a best practice future-state. Due to their deep process and technology expertise our consultants offer best practice solutions which can be trusted to deliver measurable business benefits. This allows our clients to maximize the return on their strategic investments in IT systems and solutions by:

  • taking advantage of the best practices and procedures inherent within the software solution. This will help you minimize the need for costly customizations and modifications and help you maximize your ability to meet regulatory and reporting requirements
  • helping you implement a flexible and scalable world-class solution which fully supports your enterprise's strategic goals, including acquisitions, divestitures, expansion, and reorganization.
  • helping you develop an environment whereby personnel can easily and efficiently access financial information and operational data resulting in enhanced analysis and decision-making at all levels of your organization.
  • helping enable your personnel to quickly react to changing business needs while minimizing the IT support necessary for both routine and non-routine departmental functions.