FINLYNC TO POWER CITRIX TREASURY, FINANCE TEAMS

KUALA LUMPUR, June 10 (Bernama) -- FinLync, a privately-held, global fintech company announced that Citrix, the builder of secure, unified digital workspace technology, has selected FinLync’s suite of SAP-certified applications to power its treasury and finance teams.

Citrix is leveraging FinLync’s technology to integrate its bank and ERP data, allowing corporate treasury team to benefit from real-time payments, balances, account information and status, machine learning-assisted reconciliation the same day as transactions, more certainty for urgent payments 一 while being protected by the latest enterprise-grade security.

According to a statement, Citrix will leverage FinLync’s solution suite, including Balance and Transaction Inquiry, Payments, Approvals, Status Tracker and Reconciliation applications, bringing speed, reliability and 24/7 transparency to its corporate treasury function.

“By leveraging our solutions, Citrix’s corporate finance team will elevate the role that the treasury department plays within the organisation, evolving from function to change-makers,” said FinLync co-founder and chief executive officer, Phillip Klein.

“We are excited to have Citrix as a client and look forward to helping them quickly realise the benefit of real-time working capital enabled by FinLync’s world-class products.”

Leveraging API technology, FinLync creates applications that solve the long-standing problems that have marked the corporate treasury and finance communities’ experience with legacy treasury technology.

Equipped with FinLync’s applications, treasurers and finance professionals are now able to achieve total data integration between their ERP data and bank data, all on a user intuitive platform designed for real-time technology.

This news follows FinLync’s US$16 million equity funding round to support its global expansion. (US$1 = RM4.117)

More details at https://www.finlync.com.

-- BERNAMA