Trovata Reviews

“Great forecasting insights and a helpful team”

Pros

Working with this team has been a really positive experience and they've been especially helpful when it comes to giving us useful insights for our forecasting.

Cons

The initial setup did take quite a bit of time, although there have been noticeable improvements since we first implemented it.

“smart cash visibility”

Pros

Managing cash across multiple accounts and currencies has become much simpler with this tool. Having real-time visibility into cash positions makes it much easier to make quick, well-informed decisions. The machine learning-based forecasting features have been especially valuable for anticipating cash flow needs and planning ahead with more confidence. On top of that, the interface is clear and user-friendly so our team was able to work it into daily operations without much of a learning curve. Overall it has significantly aligned our financial processes.

Cons

A downside has been the occasional glitches and the delays in updating forecast streams. That can interrupt the workflow, especially when timely and accurate data is essential for cash management and decision-making. It becomes even more frustrating when you're relying on the platform for real-time financial insights, since those delays can impact the tool's overall efficiency and dependability.

“Our team loves cash forecasting”

Pros

Using it has been very easy. We rely on it to forecast our cash and the leadership team really loves it.

Cons

It does run into occasional glitches now and then but aside from that, it feels very aligned and simple to use.

“Historical cash tracking”

Pros

It's been really helpful for tracking historical spending and checking the daily cash position at a glance.

Cons

The forecasting tool is still fairly new and it needs some cleanup before it feels polished enough to present to executives.

“affordable treasury reporting”

Pros

Navigation throughout the system feels simple and learning how everything works doesn't take much effort. The pricing is also far more affordable compared with some of the bigger TMS platforms. If reporting is the main priority, I think it delivers excellent value for the price and stands out as one of the stronger options in that range.

Cons

Coming from experience in larger treasury departments, I don't think this would be the strongest fit for a more powerful treasury operation. It also feels more limited on the reporting side than some competing systems. On top of that, I've run into bank connection issues here that I haven't had with other TMS platforms.

“Centralized multi bank cash system”

Pros

Having everything centralized in one place helps me stay in control of my trust while monitoring transactions across multiple bank accounts. It gives me a much clearer view of account activity without forcing me to check everything separately.

Cons

It's a bit disappointing that there isn't a free version or trial option to get familiar with the system first. It would also benefit from a few tutorials, since new users may need more guidance to fully understand how it works at the beginning.

“User friendly treasury”

Pros

Working with Samsara felt very approachable from the beginning. Even without prior TMS experience, I was able to implement the system smoothly with help from customer support. Because the platform is so user-friendly, walking the accounting team through demos and onboarding was also surprisingly easy.

Cons

A few features still feel like they're missing, such as total rows in saved reports, especially horizontal totals by tag. The site can also be buggy at times. Usually the issues can be troubleshooted but they still take time to resolve. I've run into problems like transactions not loading, needing to clear the cache, reports not appearing right away and not having a proper export option for reports instead of relying on copy and paste.

“Clean customizable tool”

Pros

The interface feels clean and organized, making it simple for new users to understand quickly. I also appreciate the flexibility it offers for creating customized tag conditions.

Cons

The tagging setup can get tricky when you're trying to create tags with multiple conditions or more complex rules.

“forecast feature needs work!!”

Pros

Connecting everything together felt easy, the platform is easy to navigate day to day and the support team has consistently been available whenever issues came up.

Cons

One area that still needs improvement is the forecasting feature, since it has some limitations when it comes to handling different data streams. It would also be really useful to have a Google Sheets integration so external data could be pushed into the platform. Since we're a crypto company, being able to connect with crypto exchanges like FTX would also be a major advantage.

“simple bank transaction tracking”

Pros

Setting this up was fairly simple and didn't require any IT involvement. Once transactions begin flowing into the platform, searching and locating them becomes much easier than digging through bank statements or logging into multiple banking portals.

Cons

Report setup can be a little tricky in the beginning. Some reports also can't be sorted by tag unless you export them to Excel and there's a 50-tag limit per report. It can be a bit glitchy at times.

“Fast treasury implementation”

Pros

A major reason we chose this product was how quickly it could be implemented. We needed something that could go live fast and it absolutely delivered. As the company continues growing, the speed at which accounts can be connected has become especially valuable.

Cons

Since it's still a fairly new product/service, we've kept running into issues that needed support from both their tech team and the banks. We're also still seeing connection problems with a few major banks, especially HSBC and US Bank.

“easy treasury onboarding”

Pros

Implementing the system felt very manageable and we achieved cash visibility within a month without needing support from IT. While the feature set may not be as extensive as some competing solutions, it still offers more than enough functionality for a Treasury team getting started. I'm also genuinely excited about several innovative enhancements planned on the roadmap. The customer service and consulting teams have been outstanding throughout the process, extremely knowledgeable, responsive and helpful. The training sessions were detailed and tailored very well to our needs which made the overall experience even better.

Cons

There are a few missing features at the moment but since most of them are already in development, it doesn't feel like a major issue.

“Multi bank cash platform”

Pros

The platform feels simple to navigate and the ability to connect with multiple banks is a major advantage. I also really like how the tagging structure is organized because it keeps everything categorized clearly and efficiently.

Cons

Report creation works but it could be designed in a more user-friendly way.

“Customizable cash flow”

Pros

Working with this platform has been genuinely enjoyable because it stays easy while still offering strong customization options. I can model a wide range of business scenarios while tracking key metrics and cash flow effectively.

Cons

Getting everything set up on the customization side takes some time so the implementation process could definitely move faster.

“smooth banking integration”

Pros

The onboarding process felt very smooth and each morning the banking information is already available when needed. The integrations and setup blended into our workflow without creating unnecessary hassle.

Cons

A downside is that some transaction pulls come through incomplete so the data isn't always fully reliable. I also still have to do manual tagging which adds extra work.