9 Best Treasury Management Software of 2026

1. 1

   Kyriba

   Cloud liquidity platform with treasury, risk management, payments, bank connectivity and working capital modules for corporate treasury teams.

   8.5overall

   Cloud liquidity platform with treasury, risk management, payments, bank connectivity and working capital modules for corporate treasury teams.

   Best forglobal enterprises running a dedicated treasury function

   Adoption data

   4,000Kyriba describes its SaaS platform as trusted by 4,000 customers in its April 2026 KyribaLive announcement.

   Kyriba, Kyriba Brings AFP, J.P. Morgan Asset Management and Circle Into a Single AI-Orchestrated Treasury Platform (2026): “As a secure, transparent and scalable SaaS solution trusted by 4,000 customers”

   Kyriba is the reference system for large treasury departments, and its own figures show the reach: 4,000 customers, 3.6 billion bank transactions and $51 trillion in payments across 10,000 banks a year. The product set is split into Treasury, Risk Management, Payments, Connectivity and Working Capital, so a company can start with cash visibility and add FX or supplier financing later. At KyribaLive in April 2026 it added Advanced Liquidity Planning for scenario modeling across entities and Advanced FX for hedge workflows, and it embedded J.P. Morgan's Morgan Money platform so treasurers can invest surplus cash without leaving the system. A Circle partnership brings USDC settlement into the same controls. The trade-off is cost and scale. Kyriba publishes no prices, implementation is a project rather than a sign-up, and a company with a handful of accounts at one bank will pay for depth it does not use. For multinational groups with many banks, currencies and hedging programs, it is the strongest documented option.

   Strengths

   • +Largest disclosed customer count among the dedicated treasury systems here, 4,000 customers
   • +Platform handles $51 trillion in payments across 10,000 banks a year, per Kyriba
   • +Covers FX hedging, payments fraud prevention and supplier financing in one vendor

   Limitations

   • −No published prices; every deal is quoted
   • −Built for enterprise treasury teams, which is more than a startup with one bank needs
   • −Stablecoin and investment features depend on third-party partners such as Circle and J.P. Morgan

   SummaryKyriba is the best treasury management software for global enterprises because it combines a full treasury, risk and payments suite with 4,000 customers and connections to 10,000 banks. Smaller teams should expect quote-only pricing and a formal implementation.

2. 2

   Ramp Treasury

   Business checking and managed investment account inside Ramp's finance platform, with cash forecasting and automatic cash positioning.

   8.3overall

   Business checking and managed investment account inside Ramp's finance platform, with cash forecasting and automatic cash positioning.

   Best forstartups and mid-sized companies without a treasury team

   Adoption data

   20,000+Ramp's treasury page says more than 20,000 companies run cash on Ramp, as of November 2026.

   Ramp, Ramp Treasury: business checking and investment account (2026): “20,000+ companies running cash on Ramp”

   Ramp Treasury is not a treasury management system in the Kyriba sense; it is a bank account and an investment account wired into Ramp's spend platform, with the planning tools a lean finance team needs. The Checking Account pays 2% APY on operating cash, and reserve cash goes into a managed fixed-income Investment Account that Ramp showed at up to 4.66% on November 12, 2026. Ramp projects cash flow 13 weeks ahead, moves money back automatically when checking drops below an operating minimum you set, and syncs transactions to the ERP. Same-day ACH and international wires are free, and RTP payments settle instantly. Ramp says more than 20,000 companies run cash on the product. The limits are clear: the Investment Account carries market risk and is not FDIC insured, and there is no FX hedging, intercompany netting or debt management. For a company whose treasury job is keeping enough cash liquid and putting the rest to work, it covers that at no subscription cost.

   Strengths

   • +The core Ramp plan is $0 per user per month
   • +More than 20,000 companies run cash on Ramp, per its treasury page
   • +Cash, cards, bill pay and investments sit behind one login

   Limitations

   • −The Investment Account is not FDIC insured and may lose value
   • −No FX hedging, netting or in-house banking for multinational groups
   • −Plus adds a platform fee on top of $15 per user, and Ramp does not publish that fee

   SummaryRamp Treasury is the best option for companies without a treasury team because its $0 plan pairs 2% APY checking with a 13-week cash forecast and automatic cash positioning. Groups that hedge FX or run many entities need a full TMS.

3. 3

   Ripple Treasury (formerly GTreasury)

   Modular treasury management system for liquidity, forecasting, netting, payments, risk and reconciliation, now owned by Ripple.

   8.1overall

   Modular treasury management system for liquidity, forecasting, netting, payments, risk and reconciliation, now owned by Ripple.

   Best formid-sized and large treasuries that want modules adopted in stages

   Adoption data

   $13 trillionRipple says Ripple Treasury facilitated $13 trillion in payments volume for customers in 2025, ranging from small businesses to Fortune 500 companies.

   Ripple Treasury, Ripple Treasury Launches the First Treasury Management System (TMS) with Native Digital Asset Capabilities (2025): “That same year, Ripple Treasury facilitated $13 trillion in payments volume for customers ranging from SMEs to Fortune 500 companies.”

   GTreasury became Ripple Treasury after Ripple acquired it in 2025, and the product kept its modular design. Treasurers can start with Liquidity Management, Cash Forecasting or Intercompany Netting and add Payments and In-House Banking, Risk Management with FX and interest rate hedge accounting, Reconciliation and Regulatory Reporting later. Everything runs through ClearConnect, which ships with 300+ pre-built bank connectors, and the vendor says an API-enabled bank can be connected in 7 days and the core cash modules can go live in 90 days. Its GSmart AI proposes actions that cite the policy rule behind them, and each workflow can stay manual until the team chooses more autonomy. Ripple reports $13 trillion in payments volume for 2025. The April 2026 Digital Account Management release adds XRP and RLUSD balances next to cash, which is optional. Pricing is quote-only, and buyers should confirm the roadmap now that a blockchain company owns the product.

   Strengths

   • +Vendor states go-live in 90 days for Liquidity Management, Cash Forecasting and Netting
   • +Connects any API-enabled bank in 7 days, per the vendor
   • +Modules can be bought one at a time

   Limitations

   • −No published prices
   • −Digital asset features tie into Ripple's own XRP and RLUSD
   • −Rebranding from GTreasury to Ripple Treasury means older documentation uses both names

   SummaryRipple Treasury is the best choice for treasuries that want to adopt modules in stages because each module can be bought alone and the core cash modules go live in 90 days, per the vendor. Teams wary of digital assets can leave those features off.

4. 4

   Mercury Treasury

   Managed investment account for Mercury banking customers, built from a government money market fund, an ultra-short bond fund and a Treasury ladder.

   8.0overall

   Managed investment account for Mercury banking customers, built from a government money market fund, an ultra-short bond fund and a Treasury ladder.

   Best forUS startups holding $250,000 or more in idle cash

   Adoption data

   450K+Mercury's homepage says more than 450,000 entrepreneurs use the company, as of November 2026.

   Mercury, Mercury business banking (2026): “450K+ Entrepreneurs love us”

   Mercury Treasury handles one treasury job, investing idle cash, for companies that already bank with Mercury. Once balances across Mercury accounts reach $250,000, the company gets a portfolio sized in months of cash: a State Street government money market fund for near-term spending with same-day liquidity, a Morgan Stanley ultra-short bond fund for reserves, and a ladder of US Treasuries maturing monthly up to 36 months. Mercury showed net yields up to 4.21% for deposits over $20 million as of November 6, 2026, after a management fee of 0.15% to 0.6% that falls as balances grow. Automatic transfers keep checking topped up, and balances of $5 million or more get a review with a licensed adviser. The banking plan costs $0, Plus is $29.90 per month and Pro is $299. The limits are eligibility and scope: only US entities qualify, and there is no forecasting, hedging or view of accounts at other banks.

   Strengths

   • +The base Mercury plan is $0 per month and includes access to Treasury
   • +No fees to open or transact; the management fee is 0.15% to 0.6% a year
   • +More than 450,000 entrepreneurs use Mercury, per its homepage

   Limitations

   • −Treasury requires a $250,000 balance across Mercury accounts
   • −Only US entities qualify, and nonprofits and sole-proprietor LLCs are excluded
   • −No cash forecasting, hedging or multi-bank visibility

   SummaryMercury Treasury is the best choice for US startups with at least $250,000 in idle cash because it builds a money market, bond fund and Treasury ladder portfolio for a 0.15% to 0.6% fee. Companies with accounts at several banks need a multi-bank tool instead.

5. 5

   Brex Treasury

   Treasury account inside the Brex business account, investing in a government money market fund with same-hour liquidity.

   7.8overall

   Treasury account inside the Brex business account, investing in a government money market fund with same-hour liquidity.

   Best forventure-backed startups that want yield with no minimum balance

   Adoption data

   1 in 3Brex's business account page says the company is trusted by one in three startups, as of November 2026.

   Brex, Brex business banking account (2026): “Trusted by 1 in 3 startups”

   Brex Treasury is the yield account inside the Brex business account. Cash goes into a government money market fund with same-hour liquidity, and Brex adds a return on top that depends on total balance; in November 2026 its page showed 3.60% for balances under $500,000 rising to 3.95% at $20 million or more. There is no minimum deposit, which sets it apart from Mercury's $250,000 threshold and Rho's $50,000 opening amount. The checking side offers up to $6 million in FDIC coverage, free same-day ACH and bill pay, and the Essentials plan costs $0 per user per month, with Premium at $12. Brex says one in three startups trust it. The account is built for parking and earning on cash, not for treasury planning: there is no forecasting, hedging or view of balances held elsewhere. The page also notes Brex LLC is now part of Capital One, so buyers should watch for changes.

   Strengths

   • +No minimum balance to start earning yield
   • +Essentials costs $0 per user per month
   • +Yield tiers are published by balance, from 3.60% to 3.95%

   Limitations

   • −The money market fund is not FDIC insured and can lose value
   • −No cash forecasting or multi-bank visibility on the treasury page
   • −Brex LLC is now a subsidiary of Capital One, so terms may change

   SummaryBrex Treasury is the best choice for startups that want yield with no minimum balance because its treasury account starts earning on the first dollar with same-hour liquidity. Teams that need forecasting should look at Ramp or a full TMS.

6. 6

   HighRadius Treasury & Risk

   AI-based cash management, cash forecasting and treasury payments suite from the order-to-cash and accounts payable vendor HighRadius.

   7.8overall

   AI-based cash management, cash forecasting and treasury payments suite from the order-to-cash and accounts payable vendor HighRadius.

   Best forfinance teams already using HighRadius for receivables

   Adoption data

   1500+HighRadius says its software delivers value at more than 1,500 enterprises, as of November 2026.

   HighRadius, Treasury & Risk Suite (2026): “Value Creation At 1500+ Enterprises”

   HighRadius built its name in accounts receivable, and its Treasury & Risk suite extends the same AI approach to cash. Cash Management downloads bank statements, classifies transactions, builds the daily cash position and reconciles accounts. Cash Forecasting adds variance and scenario analysis plus an AR forecast that pulls from receivables data, which is where HighRadius has an edge if its order-to-cash modules already run in the company. Treasury Payments covers internal bank transfers, vendor payments and investment and debt payments. The vendor reports value at more than 1,500 enterprises across its products and says IDC MarketScape named it a Leader in AI-enabled treasury and risk management for both enterprise and midmarket buyers. Performance claims on the page, such as 98% auto-tagging, are vendor figures. Pricing is not published, and FX hedging and debt management are less detailed on its pages than at Kyriba or Ripple Treasury.

   Strengths

   • +Forecasts can draw on AR and AP data in the same vendor
   • +Vendor claims 98% auto-tagging of bank transactions
   • +IDC recognition in both enterprise and midmarket treasury

   Limitations

   • −No published prices
   • −Risk features listed on the page are thinner than Kyriba's FX and hedge accounting
   • −Most value comes when other HighRadius modules are in place

   SummaryHighRadius Treasury & Risk is the best choice for teams already on HighRadius receivables because its cash forecast draws on AR and AP data from the same platform. Treasuries with heavy hedging needs should compare Kyriba or Ripple Treasury.

7. 7

   Trovata

   Multibank cash visibility, forecasting and treasury platform with a published base package and a full TMS tier.

   7.8overall

   Multibank cash visibility, forecasting and treasury platform with a published base package and a full TMS tier.

   Best formid-sized finance teams that want a published starting price

   Adoption data

   $67TTrovata says it manages $67 trillion in cash flow across its platform, as of November 2026.

   Trovata, Trovata: liquidity without limits (2026): “$67T cash flow managed”

   Trovata is the rare treasury vendor that prints a price: its base package costs $24,000 a year and covers 1 bank, 100 accounts, 1,000,000 stored transactions and 10 users. That package includes balances and transaction search, rule-based tagging, machine-learning forecasts trained on bank history, cash positioning, reconciliation, payments over RTP, ACH and wire, entity management, Trovata AI, a developer API, NetSuite and FloQast integrations and 3 to 5 hours of live training. The separate Trovata TMS tier adds capital markets tracking, bank fee analysis, intercompany loans and in-house banking, global payments, FX and interest rate derivatives and a treasury sub-ledger, all priced by quote. Trovata reports $67 trillion in cash flow managed and 56,000 bank accounts on the platform. The catch is the single-bank limit in the base package, so a company with four banks will be quoted above the list price.

   Strengths

   • +Only dedicated treasury platform here with a published price, $24,000 per year
   • +Base package includes NetSuite and FloQast integrations
   • +Vendor manages bank connectivity, so IT carries less of the load

   Limitations

   • −Base package covers only 1 bank; more banks need a quote
   • −No monthly or free plan
   • −Disclosed scale is cash flow managed, not a customer count

   SummaryTrovata is the best choice for mid-sized teams that want a published price because its $24,000 a year base package includes forecasting, cash positioning and payments. Companies with several banks should budget above that figure.

8. 8

   Nomentia

   European modular treasury and cash management suite covering bank connectivity, payments, cash visibility, risk and liquidity structures.

   7.7overall

   European modular treasury and cash management suite covering bank connectivity, payments, cash visibility, risk and liquidity structures.

   Best forEuropean groups centralizing payments and bank connectivity

   Adoption data

   1,400Nomentia says over 1,400 treasury teams in 100 countries use its platform, in a June 2026 release.

   Nomentia, Nomentia and MORS partner to strengthen bank treasury capabilities (2026): “Nomentia empowers over 1,400 treasury teams spanning 100 countries to perform at their best.”

   Nomentia, based in Finland, sells its Smart Treasury Suite as five modules. Connect handles bank connectivity across 10,000+ connections using SWIFT, EBICS, host-to-host, APIs and SFTP. Pay is a centralized payment hub with approvals, bank account control and fraud and sanctions checks. View shows current and expected cash positions and compares forecasts with actuals. Manage covers financing, investments, derivatives, guarantees and accounting, and Optimise handles netting, liquidity structures, reconciliation and incoming payment allocation. Nomentia says more than 1,400 treasury teams in 100 countries use the platform and that it processes more than 2 trillion euros a year; customers it names include Lufthansa and Makita. The suite is strongest where payment factories and many bank formats are the main problem, which is common in European groups. Prices are not published, and US buyers should check local support before choosing it.

   Strengths

   • +Over 1,400 treasury teams in 100 countries, per Nomentia
   • +Platform processes more than 2 trillion euros a year
   • +Strong fit for EBICS and SWIFT connectivity common in Europe

   Limitations

   • −No published prices
   • −Sales, support and consultants are concentrated in Europe
   • −US companies with few banks may find the payment hub more than they need

   SummaryNomentia is the best choice for European groups centralizing payments because its suite connects to 10,000+ banks over SWIFT, EBICS, APIs and SFTP. US companies with a few domestic banks can choose a lighter tool.

9. 9

   Rho Treasury

   Treasury account for Rho banking customers that splits idle cash across US Treasury Bills, a money market fund and an ultra-short income fund.

   7.0overall

   Treasury account for Rho banking customers that splits idle cash across US Treasury Bills, a money market fund and an ultra-short income fund.

   Best forsmall companies that want to choose their own Treasury Bill mix

   Rho Treasury is built for companies that want control over where idle cash goes. With $50,000 to open, a Rho banking customer can split money across US Treasury Bills, a JPMorgan money market fund with same-day liquidity and an ultra-short income fund, adjusting the mix in 5% steps and rebalancing whenever they like. Standing rules move money back to checking when it runs low, and QuickBooks, NetSuite and Sage integrations help with reconciliation. The fee schedule is printed on the page: 0.60% under $2 million, then 0.45%, 0.35% and 0.25% across the middle tiers, and 0.15% at $20 million or more, billed monthly and already netted out of the yields shown. The underlying banking platform has no subscription or per-user fees. Rho does not publish a customer count, so its adoption score is conservative here, and like the other bank-linked accounts it does not forecast, hedge or see balances at other banks.

   Strengths

   • +Fee tiers are published: 0.60% under $2 million down to 0.15% at $20 million or more
   • +Rho charges $0 subscription and $0 per-user fees for its banking platform
   • +You set the allocation yourself and can rebalance at any time

   Limitations

   • −Requires $50,000 to open
   • −Rho does not publish a customer count, so adoption is scored conservatively
   • −No forecasting, hedging or multi-bank visibility

   SummaryRho Treasury is the best choice for small companies that want to set their own Treasury Bill allocation because it allows changes in 5% steps and publishes every fee tier. Teams that want a hands-off portfolio may prefer Mercury.

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