Statement is a web-based treasury automation platform for cash visibility, forecasting, reconciliation, and insights. It consolidates positions across accounts, entities, regions, and currencies with real-time updates, and says it connects to more than 3,000 corporate banks. Its AI organizes raw transaction data, while forecasts use cash inflows, outflows, and live ERP data with a 13-week horizon. Finance teams can automate budget-versus-actual analysis and create unlimited scenario plans. Insights can flag projected liquidity, hedging risk, unusual transactions, and high fees; daily or weekly summaries can be sent by email. The platform connects banks, ERPs, and finance tools, including two-way ERP synchronization. Custom views and role-based permissions let teams share information. Statement lists SOC-I, SOC-II, GDPR, and ISO-27001 certifications, and says it offers custom onboarding that can bring customers live in weeks without an IT lift. It identifies treasurers, CFOs, and accountants among its users. Pricing is available on request.
Who it is for
Statement is aimed at treasurers, CFOs, and accountants who need consolidated cash positions, forecasting, and treasury insights across entities. Its role-based views may suit finance teams sharing those insights.
What is good
- Consolidates cash positions with real-time updates.
- Connects to more than 3,000 corporate banks.
- Forecasts use live ERP data and cash flows.
- Offers unlimited scenario plans.
- Supports role-based permissions and custom views.
What to know first
- Pricing is available on request.
- Web platform only.
- Forecasting horizon is listed as 13 weeks.
Verdict
Statement brings cash visibility, forecasts, scenario analysis, and treasury alerts into a web platform with bank and ERP connections. Teams should request pricing and confirm that its listed 13-week forecasting horizon suits their planning needs.
Compared on bank connectivity software
- Multi-entity support
- Yes
