Treasury Tools

Salmon Software; NetSuite; MasterCard & Brighter Planet; Hartford Financial Services Group

Salmon Software, a Dublin-based provider of treasury and finance software, has rolled out a cloud-based treasury management system called TGold aimed at helping companies manage their foreign exchange and money market transactions. TGold, which was built on the cloud platform, lets companies make payments in foreign currencies, book FX and money market trades, and access reports on their positions. It also gives them an audit trail of their transactions. TGold is available on a subscription basis, and the company is offering free 30-day trials.

NetSuite, the San Mateo, Calif.-based software company, says it has enhanced its cloud-based ERP product, NetSuite OneWorld, by adding default accounting and tax compliance capabilities for 12 more countries in Europe, the Middle East, Africa and Asia Pacific. Companies operating in those countries can access such features as out-of-the-box tax reports specific to the country. NetSuite OneWorld, which is designed for midsize companies and units of large corporations, can be used to manage tasks ranging from financial consolidation and customer relationship management to e-commerce.

Wondering what carbon dioxide emissions resulted from your trip to the conference in San Antonio? MasterCard and Brighter Planet have launched a program, the MasterCard Carbon Emissions Reporting feature, that helps businesses analyze the carbon emissions involved in travel based on the transactions done using corporate cards. Brighter Planet’s CM1 platform will automatically process data on flights, rental cars and other purchases charged to a company’s cards, and the data will be integrated into MasterCard’s expense management and reporting solution so that companies can track and benchmark their emissions metrics.

Hartford Financial Services Group has introduced a risk management program that uses telematics to help companies that operate commercial fleets control their risks and costs. FleetAhead combines telematics from a few different providers with customized reports and loss-control services to help companies identify risky driving and figure out ways to cut costs related to their fleets. Currently, the Hartford is working with telematics providers DriveCam and the Evogi Group; it says it expects to add more providers to the platform in coming months.



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