Koxa Corp., a leading provider of ERP-banking solutions, announced that its Treasury Gateway platform is live with Q2 Direct ERP, a new solution designed to help banks and credit unions enable banking operations directly within commercial customers’ ERP systems. With Koxa, Q2 customers can quickly and easily add digital banking connectivity to leading ERP and accounting systems, providing an enhanced treasury banking experience for their commercial clients.
Q2 Holdings, is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally.
Koxa’s Treasury Gateway allows treasury clients to submit, approve, and release payments, and collect information reporting data for reconciliations, all from inside their ERP environment. This gives commercial accounting teams hours back in their day, reduces fraud risks and human error, and increases cash flow.
Catch more Fintech Insights : The Truth About Billing Transformation: Why You Don’t Need a Full System Overhaul
“Our integrated solution with Q2 will help banks deliver the ERP-banking solutions their clients are asking for much more quickly and with minimal integration effort. Koxa and Q2 share a DNA of innovation and unwavering commitment to massively improving digital banking experiences for banks and their clients,” said Koxa Co-Founder and CTOÂ Camellia George.
“Demand for ERP connectivity is rapidly increasing,” said Q2 CTOÂ Adam Blue. “We are proud to partner with Koxa to deliver enhanced treasury management excellence to our commercial banking clients.”
Koxa’s Treasury Gateway is pre-integrated via Q2 Innovation Studio, which allows financial institutions to rapidly deploy the standardized integration to their customers.
Koxa’s Treasury Gateway platform connects banks to their corporate treasury clients, letting clients bank directly from inside their ERP. Koxa partners with banks to extend the functionality of a bank’s online treasury portal directly into the user’s ERP or accounting software. With Koxa, corporate accounting teams can (i) submit, approve, and release payments, (ii) track payment status and auto-reconcile settled payments, and (iii) pull statement and other reporting data without having to leave their ERP.
Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2 enables its financial institution and fintech customers to provide comprehensive, data-driven digital engagement solutions for consumers, small businesses and corporate clients. Headquartered in Austin, Texas, Q2 has offices worldwide and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com. Follow us on LinkedIn and X to stay up to date.
Read More on Fintech : AI in Financial Services: Priorities and Trends for Leadership
[To share your insights with us, please write to psen@itechseries.com ]
