Press release

Trovata.io Automates Cash Forecasting with Sage Intacct

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Sponsored by Businesswire

Trovata.io, a leader in automating cash management through open banking,
today announced a partnership to integrate its software with Sage
Intacct, a leading cloud financial management solution available in Sage
Business Cloud. Trovata.io will now be available
via the Sage Intacct Marketplace
, a collection of the most
innovative cloud solutions offering prebuilt integration with Sage
Intacct.

This new relationship expands the ability of Sage Intacct customers to
see daily cash positions and automate cash forecasting with direct AR
and AP feeds using Trovata.io and its prebuilt (direct) API integrations
that include hundreds of banks and now Sage Intacct.

The Sage Intacct solution helps finance and accounting professionals
increase efficiency and drive growth for their organizations. Trovata.io
complements this mission by helping joint customers automate manual
tasks to report on cash positions and build forecasts – a crucial
function for making strategic business decisions.

“We’ve built a thriving partner community and marketplace, with
solutions that help companies extend the value of their Sage Intacct
implementation,” said Eileen Wiens, VP of Business Development, Sage
Intacct. “Our customers choose Sage Intacct to drive efficiencies across
their financial processes, and by automating the cash forecast with this
integrated solution, Trovata.io helps them further this goal.”

By bridging the gap between the accounting system and the bank,
Trovata.io can deliver unique insights for joint customers and automate
cash positioning, cash forecasting, and cash flow analysis. It allows
customers to model different business scenarios and understand potential
cash impacts on the fly.

“For too long, businesses at all stages have had to rely on manual and
error-prone cash reporting using a combination of online banking and
spreadsheets,” said Dave McCutcheon, Vice President of Sales & Alliances
for Trovata.io. “As a result, many companies neglect cash forecasting
altogether, leaving them exposed to risk while adding time and
complexity to the strategic decision-making process. By joining the Sage
Intacct Marketplace
as a certified Partner, we’re able to add
automated cash management to an already phenomenal ecosystem of
solutions for finance and accounting professionals.”

Founded in 2016 by Brett Turner, a seasoned Controller and CFO with high
growth tech companies who started his career as a CPA with Deloitte
before managing SEC reporting for Amazon.com, Trovata.io is financially
backed by one of the world’s largest financial institutions.

About Trovata.io

Trovata.io makes it easy for businesses to build and update their cash
forecast by automating the work it takes to gather all the data. By
bridging the gap between banks and accounting systems, Trovata.io is
helping companies gain powerful insights into their cash inflows and
outflows that drive better and quicker business decisions. Today,
Trovata.io is helping companies between $20 million and $2 billion in
revenues transform finance and treasury operations using open banking
and machine learning. In most cases it takes less than an hour to get
setup. Trovata.io is based in San Diego, CA. To learn more visit www.trovata.io.