Axletree Solutions, a global provider of bank connectivity and financial integration solutions that power over $50 billion in daily transactions, has entered into a partnership with Orbit Treasury Solutions, a global provider of flexible treasury technology solutions designed by treasury professionals for treasury professionals. 

Under the partnership terms, Axletree will offer Orbit’s TMS fully integrated with its rails-agnostic, enterprise-class bank connectivity service to its large customer base delivering an end-to-end treasury automation solution.

The combined TMS-with-Native-Bank-Connectivity solution will deliver intuitive UI/UX, easy integration, greater control, on-demand analytics, complete end-to-end transaction visibility, and significant cost savings to treasuries at mid-market companies and large corporations.

Mohan Murali, CEO of Axletree Solutions, said, “Treasury management and bank connectivity have traditionally been a siloed or manual process. Even in an automated treasury environment, bank connectivity and treasury management solutions are usually held with disparate providers, leading to issues of support and consistency of operations.” 

The Orbit TMS targets mid-market companies looking to migrate from spreadsheets-based manual processes and large corporate customers keen on adopting a TMS built with a treasurer’s mindset. Orbit TMS serves clients ranging from Fortune 100 companies with $50B in annual revenue to mid-market companies with over $500 million in revenue. 

Chris Matthews, Managing Director, Orbit Treasury Solutions, said, “This partnership between Axletree and Orbit makes incredible sense in today’s environment as it significantly changes the treasury technology landscape for companies of all sizes. Both solutions have a proven track record and complement each other in ways that immediately benefit our clients. We are excited to leverage these synergies and to provide a comprehensive treasury technology solution that is intuitive, cost-effective, and accessible.”