Trovata helps businesses automate the work it takes to gather and normalize all of its financial data. Trovata lets finance and treasury teams access, build, manage, and control their own trove of financial data – from banks, business & accounting systems, and external markets. For cash forecasting, Trovata collects and normalizes data, then generates a forecast. Trovata leverages machine learning to establish a forecast baseline, analyze historical data trends and increase forecast accuracy.
Trovata helps CFOs answer simple questions that are difficult to answer without doing hours or days of work like, “How much cash do we have right now and where is it going?” This lets us intelligently drive efficiencies through transparent visualization, workflow automation, and machine learning that can transform financial operating performance.
Trovata is an intelligent tool that aggregates your data from across all banks and bank accounts. This data can then be tagged by region, entity, or division. Trovata also translates all non-USD denominated amounts into USD equivalents. Trovata is also a powerful instrument for analyzing and communicating your company’s financial position. The platform makes it easier to share cash flow data with senior leadership and major stakeholders through our reporting app for iPhone and iPad.