Trovata

What is trovata

trovata is a cloud-native cash management and treasury analytics platform that connects directly to corporate bank accounts to provide consolidated cash visibility, automated reporting, and forecasting. The platform is built for corporate treasury, FP&A, and finance operations teams who need real-time bank balances, transaction-level details, and automated workflows to accelerate reconciliation, forecasting, and decision-making.

Trovata ingests bank statements and payment files via direct bank connectors, bank APIs, and secure file transfer, then normalizes and enriches that data for use in dashboards, scheduled reports, and downstream systems. Its architecture emphasizes bank connectivity, automated data normalization, formula-based forecasting, and integration with ERP and accounting systems to reduce manual data handling and human error.

Typical users include treasury managers, controllers, FP&A analysts, and accountants at mid-market and enterprise organizations. The product is positioned where bank connectivity, frequent cash reporting, and forecasting accuracy are core operational needs rather than ad-hoc bookkeeping tasks.

Trovata features

Trovata provides a set of features focused on data connectivity, cash analytics, automation, and integrations. Those core capabilities are designed to replace manual bank statement exports and spreadsheet-based cash reporting with automated pipelines and repeatable processes.

• Bank connectivity: Native connectors to many global banks, support for bank APIs, and secure SFTP ingestion to bring in balances and transaction details on a scheduled or real-time basis.
• Normalized bank data: Automatic mapping and normalization across banking formats so transaction and balance data are standardized for reporting and forecasting.
• Real-time dashboards: Configurable dashboards that show consolidated cash positions, bank-by-bank balances, and drill-down transaction detail for operational decision-making.
• Automated reporting and alerts: Scheduled reports and threshold alerts for low balances, large transactions, or unexpected cash movements. Reports can be delivered by email or pushed to downstream systems.

Additional features include multi-currency support, daily cash forecasting using rule-based and statistical models, role-based access controls, audit trails for data changes, and export connectors for ERPs, accounting systems, and BI tools. The platform also includes user-friendly interfaces for bank mapping, data quality reviews, and ad-hoc analysis.

What does trovata do?

Trovata centralizes bank data and turns it into actionable cash intelligence. It automates the collection and normalization of balances and transactions from multiple bank accounts and countries, consolidates that data in dashboards and scheduled reports, and provides forecasting and scenario analysis tools to project liquidity needs.

The product replaces recurring manual tasks—downloading bank files, copying data into spreadsheets, manually reconciling balances—by providing automated pipelines and integrations. Treasury teams use Trovata to shorten month-end closing steps, accelerate daily cash reporting, and improve forecast accuracy through repeatable models and bank-backed transaction history.

Trovata also acts as a hub for operational workflows: scheduled cash position reports, automated alerts for exceptions, and export paths to ERP and accounting systems for reconciliation and posting. For organizations with subsidiary bank accounts spread across banks and countries, Trovata reduces reconciliation overhead and centralizes control while maintaining auditability and security.

Trovata pricing

Trovata offers these pricing plans:

• Starter: $499/month (monthly billing) or $4,788/year when billed annually — for smaller treasury teams and organizations with a limited number of accounts and basic reporting needs
• Professional: $1,499/month (monthly billing) or $14,388/year when billed annually — for teams needing advanced forecasting, multiple integrations, and higher account volumes
• Enterprise: Custom pricing (contact sales) — for large organizations with complex bank landscapes, advanced security, SSO, and customization or onboarding services

Check Trovata's current pricing for the latest rates, add-on modules, and enterprise options.

How much is trovata per month

Trovata starts at $499/month for the Starter plan when billed monthly. This entry-level plan covers a basic set of bank connectors, standard dashboards, and scheduled reporting suitable for small treasury teams.

Monthly pricing scales with the number of bank accounts, connectors, and required features such as advanced forecasting, premium support, or API call volume. The Professional plan at $1,499/month typically fits mid-market teams that need more automation and integrations.

For organizations with irregular requirements or high-volume bank connectivity, Trovata offers Enterprise contracts that are priced based on scope, security, and integration complexity.

How much is trovata per year

Trovata costs $4,788/year for the Starter plan when billed annually, reflecting a discounted annual rate compared with monthly billing. The Professional plan is commonly priced at $14,388/year when paid annually.

Annual billing usually includes a commitment term and can provide discounts on onboarding or data migration services. Enterprise customers negotiate annual contracts that may include SLAs, dedicated onboarding, and custom integrations.

Trovata frequently adjusts offerings and adds modules for bank connector packages, advanced forecasting, and premium support, so reviewing current annual options on their official site is recommended.

How much is trovata in general

Trovata pricing ranges from $499/month to custom enterprise pricing. The lower bound reflects basic bank connectivity and reporting; mid-range pricing around $1,499/month supports more accounts, forecasting, and integrations; enterprise deals often exceed that depending on scale and customization requirements.

Pricing is typically influenced by account volume, number of connectors, required SLAs, user seats with advanced permissions, and whether the customer requires managed onboarding or custom connector development. Finance teams should budget for implementation services and any ERP integration work beyond the platform subscription.

For exact quotes and to compare monthly versus annual billing, view Trovata's pricing page and contact their sales team for custom enterprise proposals.

What is trovata used for

Trovata is used to provide consolidated cash visibility and streamline treasury operations. Treasury teams use the platform to aggregate balances and transactions across banks and subsidiaries into a single, auditable source of truth, which accelerates daily cash reporting and reduces reliance on spreadsheets.

Finance and FP&A teams use Trovata's forecasting tools to create rolling cash forecasts and scenario models that incorporate historical transaction flows. Forecast outputs help treasury decide on short-term borrowing, investment, or funding requirements and improve working capital management.

Operationally, Trovata is used to automate routine reporting—daily cash position emails, balance dashboards, and bank reconciliation exports to ERPs—freeing staff from manual data wrangling. It also supports compliance and audit requirements through logging of data sources, mappings, and changes.

Pros and cons of Trovata

Trovata brings strong bank connectivity and automation advantages to treasury and finance teams. Pros include rapid aggregation of multi-bank data, a focus on cash forecasting, and built-in export connectors for ERP and accounting systems that reduce manual reconciliation work.

• Pros:

  • Automated bank connections reduce manual file handling and human error.
  • Normalized transaction data makes cross-bank reporting consistent.
  • Forecasting and scenario analysis help teams anticipate liquidity needs.
  • Export connectors and APIs enable integration with ERPs and accounting tools.

• Cons:

  • Implementation overhead can be substantial for large, global banks that require custom connectors or bank-specific mapping.
  • Cost can be higher than spreadsheet-based workflows for smaller companies with minimal banking complexity; enterprise features are priced via custom contracts.
  • Dependency on bank connectivity requires coordination with banks for API access or file formats, which can delay onboarding in some regions.

Overall, the platform is best suited for organizations that need automated, auditable treasury processes and are ready to invest in replacing spreadsheet-dependent workflows.

Trovata free trial

Trovata typically provides a product demo and time-limited trial or sandbox access to evaluate bank connectivity and core features. The trial allows teams to validate connectors, review normalized transaction data, and test basic dashboards and scheduled reports.

During a trial, finance teams should prioritize testing common bank accounts, validating the mapping and normalization logic, and running a small forecasting exercise to verify model outputs. Trials are also the right time to confirm export workflows to ERP or accounting systems.

To arrange a trial or sandbox, contact Trovata's sales team and request trial access through their site; trials are commonly tied to an onboarding conversation to ensure the test environment includes the right accounts and connectors.

Is trovata free

No, Trovata is not generally free. The platform is a subscription service with paid plans that scale by features and account volume; however, Trovata commonly offers demos and limited trial access for evaluation.

Some smaller organizations may be able to test the service in a trial environment without charge, but production use requires a paid subscription appropriate to the number of bank accounts, connectors, and integration needs.

For the most accurate information about trial availability and any temporary promotional offerings, check Trovata's pricing and trial information.

Trovata API

Trovata provides API capabilities and webhooks designed to integrate bank-sourced cash data with ERPs, accounting systems, and business intelligence tools. The RESTful API enables programmatic access to normalized balances, transaction history, and forecast results, allowing downstream systems to consume the same single source of truth used within the Trovata UI.

Common API use cases include pushing daily consolidated cash positions into an ERP for reconciliation, pulling transaction-level details for custom analytics pipelines, and subscribing to event webhooks for exceptions and alerting. The API supports pagination, filtering by date and account, and secure authentication patterns such as API keys and OAuth where supported.

Trovata also documents best practices for rate limits, onboarding API clients, and creating robust integrations that handle data backfills and late-arriving bank statements. For developer resources and endpoint reference, view Trovata's developer documentation and integration guides.

10 Trovata alternatives

Paid alternatives to Trovata

• Kyriba — Enterprise treasury and cash management platform with cash visibility, payments, and risk management features for global organizations.
• Cashforce — Cash forecasting and working capital analytics focused on data-driven forecasting and scenario modeling for mid-market and enterprise finance teams.
• TreasuryXpress — Modular treasury solution offering cash management, payments automation, and connectivity focused on rapid deployment.
• FIS Treasury Management — A broad suite of bank and treasury services with strong banking integration and enterprise feature sets.
• ION Treasury (Reval) — Large-scale treasury management with treasury risk, cash, and hedge accounting for global financial operations.

These paid alternatives vary by scale, with some better suited to large enterprises (Kyriba, ION Treasury) and others targeting mid-market and fast deployments (TreasuryXpress, Cashforce).

Open source alternatives to Trovata

• ERPNext — Open source ERP with accounting modules and bank reconciliation features that can be extended to cover basic cash management workflows.
• Odoo — Modular open source business suite that includes accounting and bank reconciliation; requires configuration and potential development to approach treasury capabilities.
• GnuCash — Desktop-oriented open source accounting software that supports multi-account bookkeeping and reconciliation for smaller finance teams.

Open source tools are viable when organizations want maximum control and lower licensing costs, but they generally require more internal engineering to match the connectivity, normalization, and forecasting features provided by a dedicated treasury platform like Trovata.

Frequently asked questions about Trovata

What is Trovata used for?

Trovata is used for consolidated cash visibility and treasury automation. Finance and treasury teams use it to aggregate bank balances and transactions, run rolling cash forecasts, generate scheduled cash reports, and push reconciled data into ERPs and accounting systems.

Does Trovata connect to multiple banks?

Yes, Trovata supports multiple bank connections. The platform provides native connectors, bank API integration, and SFTP ingestion to connect to many domestic and international banks and consolidate data across accounts.

How much does Trovata cost per user or per month?

Trovata starts at $499/month for the Starter plan when billed monthly, with higher tiers such as $1,499/month for Professional and custom Enterprise pricing available for large deployments.

Can Trovata forecast cash flow?

Yes, Trovata includes cash forecasting capabilities. It offers both rule-based and statistical forecasting models, allows manual adjustments, and supports scenario analysis to test funding and liquidity outcomes.

Does Trovata have an API for integrations?

Yes, Trovata provides a RESTful API and webhooks. The API exposes normalized balances, transactions, and forecast outputs for programmatic access and supports integration with ERPs, accounting systems, and analytics tools.

Is Trovata SOC 2 compliant or secure for enterprise use?

Yes, Trovata employs enterprise-grade security practices. The platform uses encrypted transport, role-based access, audit logging, and typically supports single sign-on (SSO) and other security features expected by larger organizations; verify the current compliance certifications on their security documentation.

Can I export data from Trovata to my ERP?

Yes, Trovata supports exports to ERPs and accounting systems. Export connectors and APIs allow automated posting of consolidated positions, transaction exports, and reconciliation files into common ERP formats.

How long does onboarding to Trovata take?

Onboarding time varies but commonly ranges from a few weeks to a few months. Time depends on the number of bank accounts, the need for custom connectors, and whether the customer requires ERP integration or migrated historical data.

Does Trovata support multi-currency accounts?

Yes, Trovata supports multi-currency reporting and consolidation. The platform handles currency conversions, presents consolidated positions across currencies, and supports forecasting in local and reporting currencies.

Can Trovata handle high-volume transaction feeds?

Yes, Trovata is built to handle high-volume bank feeds and large account portfolios. Enterprise customers commonly use it for thousands of transactions per day, supported by scalability features and custom onboarding for high-volume connectors.

trovata careers

Trovata hires across engineering, product, sales, customer success, and treasury domain experts to build and support the platform. Engineering roles typically focus on bank connectivity, data normalization, scalable APIs, and secure infrastructure. Product and design roles concentrate on treasury workflows, forecasting models, and analytics UX.

Customer success and implementation teams work directly with finance teams during onboarding and ongoing support, handling bank connector coordination and ERP integrations. For current openings and details on hiring locations, check Trovata's careers page or LinkedIn listings.

trovata affiliate

Trovata does not widely publish a public affiliate program; partnerships are typically formed through channel or reseller agreements and strategic partnerships with banks, ERP vendors, and treasury consultancies. If you represent a firm interested in partnership opportunities, contact Trovata's partnerships or channel team via their website.

Where to find trovata reviews

You can find reviews and customer feedback on B2B review sites and community forums that cover treasury and finance software. Common places to review user experiences include software review platforms and industry publications; for direct case studies and customer quotes, consult Trovata's customer stories and resources on their website.

For up-to-date customer testimonials and third-party reviews, search for recent case studies and independent reviews or visit Trovata's resources and case studies for vendor-provided examples.