TreasuryONE, South Africa’s leading treasury solutions company, is pleased to announce that the Garrun Group has selected our Digital Banking Hub to act as an efficient connectivity platform between their ERP and banking partners, providing the Garrun Group with a single platform for all banking.

The Digital Banking Hub is built for speed, efficiency, and scalability, and significantly eliminates manual processes and improves control throughout various stages of treasury and finance management that most teams face daily.

Digital Banking Hub is rich in functionality, offering a better way for organisations looking to replace spreadsheets with automation, more timely cash visibility and greater control through payments centralisation.

The Digital Banking Hub provides the Garrun Group with:

  • A single platform for all banking
  • Daily Cash Visibility Reports
  • Cash Flow forecasting
  • A Payment Factory
  • Bank Reconciliation Module
  • Bank Account and User Management

Hennie de Klerk, Founder and CEO of TreasuryONE, commented, “Many finance or treasury teams have to do a lot of manual processing to gain daily cash visibility, payment capturing into online banking, cash flow forecasts in Excel, monthly bank reconciliations, and daily transaction capturing from bank statements into the ERP. These manual processes are time-consuming and contain many risk points.”

“However, the TreasuryONE Digital Banking Hub is an efficient banking and payment platform system, establishing bank connectivity to improve straight-through processing and accounting, greatly reducing the risks associated with corporate banking and payments for corporates. We are excited to be working with the Garrun Group and looking forward to continuing unlocking value for them.” 

About the Garrun Group

The Garrun Group is an established Short Term Insurance Broker who provides well-designed insurance products that are formulated to protect the assets of their broad range of clients. The company’s comprehensive product offering includes domestic, commercial, agricultural as well as specialised insurance products such as marine, aviation, wildlife and many more. www.garrun-group.co.za


About TreasuryONE

TreasuryONE is SA’s market leader in providing a broad range of best practice treasury solutions and technologies to organisations of all sizes. TreasuryONE’s product offerings include the delivery and support of treasury management technology systems, market risk management and execution services, corporate treasury services, cash and liquidity management, money market funds, corporate payment factory and supply chain finance technology. Clients experience the value of enhanced treasury performance and reduced risk in today’s demanding economic environment.