TCS Education goes live with C2Treasury™ from TreasuryXpress for cash forecasting


New York, NY – Chicago-based TCS Education System, a leader in non-profit higher-education sector, has selected C2Treasury™, TreasuryXpress’ enterprise treasury management solution (TMS) to automate its cash management, consolidate its affiliate school bank accounts, optimise cash forecasting and automate reporting. Operating under a model that features centralised System Office functions for five colleges, including treasury and accounting, platforms with the ability to easily scale are critical for TCS. As a not-for-profit organisation, transparent pricing and solution flexibility was also key.

“For the past year, we have had a growing need to consolidate the multitude of bank and investment accounts we manage into one central system,” says Emily Nyblad, Director of Risk and Treasury at TCS Education System. “The C2Treasury solution from TreasuryXpress met all of our needs. Not only did it have all the cash forecasting and reporting functionality we required, but the price point was very pleasing and the overall value was also clear. Even better was the TreasuryXpress team’s attitude towards transparency and flexibility.”

Upon contract execution, TCS had access to the on-demand treasury management solution within days and has now transitioned its reporting and treasury operations from spreadsheets in less than five weeks. The treasury team has been very pleased with the results and are already benefiting from the ability to maximise system resources in a more efficient way.

“Emily and the team at TCS Education System had very specific requirements around their current and future treasury technology needs,” says Anis Rahal, CEO and founder of TreasuryXpress. “At TreasuryXpress we are committed to helping treasury teams to successfully achieve scale with quality capabilities that are flexible and affordable. We are very excited that they have chosen us as their treasury management partner.”

TreasuryXpress has experienced triple-growth in 2016 supporting the trend of on-demand treasury management solutions which are characterised by prompt solution access and rapid implementation periods. The firm shared that they are currently signing on an average of two new clients per week. Amidst this growth, TreasuryXpress maintains 100% client satisfaction which is a key attribute of its frictionless treasury management experience.

Most recent episodes

Audio TMI - ESG: Time to Decide

The pressure to comply with ESG initiatives is being felt by corporates like never before, with ESG-compliance a common concern among treasury departments. TMI talks to Lavinia Bauerochse (Deutsche Bank) about treasury’s ...


Embedded Finance: A 101 Guide for Treasurers

Our latest TreasuryCast guest, Aman Narain (HSBC) sits down with TMI's Eleanor Hill to consider the ways in which treasury might be impacted by embedded finance. In this podcast, Aman explains the differences between embedded finance and BaaS, shares his hopes for the future in this space, and provides...


Audio TMI - A Modern, Agile, and Efficient Machine

UniCredit's Raphael Barisaac and Massimo Ortino explain how the fir...

What’s on the Horizon for Short-term Investments?

The treasury community has risen to the ongoing challenge of rising interest rates and inflation, with corporate cash serving as the sought-after safety net. Here, Daniel Farrell (Northern Trust Asset Management) and Karl Adams (ICD) consider how the latest MMF reform proposals affect short-term...


Transitioning a Corporate from LIBOR to CME Term SOFR

The loans market has predominantly moved to forward looking term rates, and both corporate borrowers and global lenders are increasingly turning to CME Term SOFR as the forward looking risk-free benchmarks to support their activities. Listen to this podcast, featuring Gavin Lee, Marco Bianchi (CME...


HSBC’s Sibos Spotlight – View from Sibos

TMI's Eleanor Hill invites Neil Atkinson, Nadine Lagarmitte, and Vinay Mendonca (HSBC) to discuss the critical treasury topics and conversations highlighted at this year's Sibos conference in Amsterdam. Amongst a wealth of market insights, our guests consider the most critical developments emerging from...


ECB’s Targeted TLTRO Tweaks Set to Drain Excess Market Liquidity

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 7th...


Asian Treasury Trends: Learnings and Opportunities

Former corporate treasury professional, Valerie Heng (Deloitte) joins Eleanor Hill to discuss the hot topic of treasury transformation, alongside other key shifts treasurers should be aware of. In this podcast, Valerie uses her knowledge of the Asian Treasury market to explain how the role of the...


Collaborative Trade Finance: How to Unlock Liquidity at Speed

Imagine if trade finance applications were fully collaborative and corporates could communicate with every trade participant via an open digital hub.  In this podcast, Vincent Almering (Interfood Holding B.V.) and Enno-Burghard Weitzel (Surecomp) explain to TMI's Ben Poole how collaborative trade...