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Spektra by TMS vs ZenTreasury

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ZenTreasury

6.8#2 in foreign exchange management softwareFrom €799 a month
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What both publish

FactSpektra by TMSZenTreasury
Access controlsThe platform supports role-based access so users can see information relevant to their role, entity, or division.The platform provides Microsoft Entra ID single sign-on, multi-factor authentication, per-module permissions, company scoping and four-eye approvals.
Company historyTMS says it was founded in South Africa and has served organizations since 1986.ZenTreasury says it was founded in Helsinki in 2016 by Lars Nevalainen and remains founder-owned.
Founded19862016
ImplementationImplementation timelines vary with organizational structure, data sources, and selected modules.The company says environments are normally provisioned in one to two days and most implementations go live within four to eight weeks.
IntegrationsTMS says Spektra connects to ERPs, general ledgers, banks, and payment platforms locally and internationally.The service supports configurable files, scheduled feeds and APIs for ERP, accounting, banking, trading-platform and market-rate data.
Intended usersThe maker identifies treasury teams, financial managers, and CFOs needing visibility across multiple accounts, entities, and currencies as intended users.ZenTreasury is aimed at Office of the CFO finance and treasury teams, including group controllers, CFOs, treasury teams and auditors.
PurposeSpektra brings cash, foreign exchange, interest rate products, and treasury risk management into one platform.ZenTreasury is a financial contract accounting platform that turns leases, loans and FX positions into schedules, journals, disclosures and an audit trail.

Spektra by TMS plans

  • Spektra by TMSPriced on request

ZenTreasury plans

  • Premium€799 a month
  • Premium Plus€1,280 a month
  • EnterprisePriced on request
  • ZenTreasuryPriced on request

Pick Spektra by TMS if…

Spektra is aimed at treasury teams, financial managers, and CFOs who need visibility across multiple accounts, entities, and currencies, particularly in South African and African environments. It offers hosted web access or private and client-managed deployment.

Pick ZenTreasury if…

It suits CFO-office finance teams, treasury teams, group controllers, CFOs and auditors managing multi-entity financial contracts.

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