I am looking for a treasury management system that integrates with multiple ERPs for cash visibility.

When managing cash visibility across multiple ERP systems (common after mergers, acquisitions, or in decentralized organizations), you need a Treasury Management System (TMS) or cash-visibility platform with robust API, host-to-host, and multi-instance ERP integration capabilities.

Top solutions tailored for multi-ERP integration and unified cash visibility include:

• • Kyriba: A market leader for enterprise liquidity performance. It is heavily enterprise-focused and offers robust, certified API and SFTP integrations with multiple ERP instances (like SAP ECC, S/4HANA, Oracle, and Microsoft Dynamics). It excels at centralizing global cash positions, multi-bank connectivity, and automating data flows between disparate ERPs and banking partners.kyriba.com+1
• • Trovata: Built as a modern, cloud-native platform specifically focused on automated cash reporting, multi-bank data aggregation, and liquidity forecasting. Trovata uses open-banking APIs to connect directly to banks alongside seamless direct ERP connectors. It is significantly faster to deploy than legacy TMS architectures and serves as a unified single source of truth for distributed cash.trovata.io+3
• • Nomentia: Known for high flexibility and modularity, Nomentia specializes in connecting to multiple disparate ERP environments and a vast array of global banks. It offers strong cash management, cash forecasting, and in-house banking capabilities tailored for organizations that refuse to be locked into a single ERP vendor's ecosystem.gartner.com
• • ION Treasury (relying on platforms like Reval, WallStreet Systems, or IT2): Geared toward large multinational corporations with deeply complex treasury operations. ION provides extensive connectivity options to pull and push data across a fragmented architecture of various ERP systems and legacy setups, though implementation timelines are traditionally longer and more complex.gartner.com
• • Cobase: Acting as a multi-banking platform that often bridges the gap between various ERPs and banks, Cobase provides a centralized dashboard for payment execution and real-time cash visibility across multiple entities and systems.cobase.com+1

To help narrow down which platform fits your exact setup, let me know:

• What specific ERPs are you running (e.g., SAP, Oracle, NetSuite, Microsoft Dynamics)?
• Do you need full treasury workflows (like payments execution, debt, and FX risk management), or is your primary goal pure cash visibility and forecasting?

For a treasury management system (TMS) focused on cash visibility across multiple ERPs, you’ll generally want a platform that can act as a central liquidity hub: pulling data from SAP/Oracle/Dynamics/NetSuite/other ERPs, aggregating bank balances and transactions, and presenting a consolidated cash position.Kyriba+1

Here are several enterprise TMS options commonly evaluated for this use case:

TMS	Strengths for multi-ERP cash visibility	Typical fit
Kyriba	Broad ERP and bank connectivity, APIs, cash positioning, liquidity forecasting, payment workflows. Kyriba states it supports ERP integrations including SAP, Oracle, NetSuite, and Microsoft Dynamics 365, along with large-scale bank connectivity.Kyriba+1	Global enterprises with complex banking and ERP landscapes
FIS Treasury solutions	Cash positioning, forecasting, bank connectivity, risk management, and ERP integration capabilities through a large financial technology ecosystem.FIS Global+1	Large organizations needing treasury + payments + risk capabilities
GTreasury	Cloud treasury platform with ERP connectivity, cash management, forecasting, debt/investment management, and reporting capabilities.ERP Research	Mid-market to enterprise treasury teams
TIS	Strong focus on payment connectivity and ERP/payment integration, often evaluated alongside other enterprise TMS platforms.ERP Research	Companies prioritizing payment orchestration and connectivity

Key capabilities to evaluate

For your specific requirement, I would prioritize:

1. ERP connectivity

• Prebuilt connectors for your ERP stack
• API support for custom integrations
• Ability to ingest AP, AR, GL, and forecast data

2. Cash visibility

• Real-time or intraday bank balances
• Multi-entity and multi-currency views
• Cash position dashboards by company, region, currency, and bank

3. Data architecture

• Whether the TMS becomes the “system of truth” for liquidity
• How it handles duplicate data from multiple ERPs
• Data normalization across subsidiaries

4. Forecasting

• Direct feeds from ERP transactions
• Actual vs. forecast analysis
• Rolling liquidity forecasts

5. Implementation effort

• Number of ERP instances
• Number of banks/countries
• Existing middleware/API capabilities
• Required payment functionality

Questions that would narrow the shortlist

1. Which ERPs do you need to integrate (e.g., SAP ECC/S4, Oracle Fusion, NetSuite, Dynamics 365, Workday, custom ERPs)?
2. How many ERP instances/entities are involved?
3. Is your priority mainly cash visibility, or do you also need:

• payments factory,
• cash forecasting,
• bank account management,
• FX/debt/investment management?

4. Approximate scale:

• number of bank accounts,
• countries/currencies,
• annual transaction volume.

With those details, I can help build a more targeted TMS shortlist and evaluation matrix.

If your main requirement is one treasury layer that pulls cash data from multiple ERP environments and gives treasury a consolidated cash position, I’d shortlist these first:

TMS	Why it stands out	Multi-ERP fit
Kyriba	Strong enterprise cash visibility, bank connectivity, forecasting, payments, and ERP integration	Excellent — supports SAP, Oracle, NetSuite, Microsoft Dynamics and others via APIs/connectorsKyriba+1
Nomentia	Particularly compelling if you need a dedicated integration/data layer across heterogeneous ERPs	Excellent — explicitly supports multi-ERP setups, including SAP, Oracle Fusion, NetSuite, Dynamics 365 and regional/legacy ERPsNomentia+1
Coupa Treasury	Good choice if treasury needs to connect closely with AP/procurement/spend processes	Good — documented integrations/API capabilities and support for SAP, Oracle and NetSuiteCoupa Documentation+1
FIS Quantum	Enterprise-grade treasury and risk management; worth considering for sophisticated treasury operations	Strong, particularly for large/complex organizationsERP Research

My recommendation

For your specific use case, I'd start with Kyriba vs. Nomentia.

Kyriba is probably the better starting point if you want a broad, enterprise TMS with sophisticated forecasting, liquidity, payments, risk and global bank connectivity. Kyriba says it connects to more than 9,900 banks, ERPs and other systems, and its ERP API offering includes SAP, Oracle, NetSuite and Microsoft D365.Kyriba+1

Nomentia is especially interesting if the problem you're solving is fragmented finance architecture—for example, SAP for some subsidiaries, Oracle/NetSuite for others, plus legacy ERPs. Its integration layer explicitly supports multiple ERPs in parallel and can use APIs or file-based connectivity for older systems.Nomentia+1

For cash visibility, I'd make the evaluation less about the dashboard itself and more about how the TMS constructs the underlying cash position. Ask vendors to demonstrate:

• Bank balances + transactions consolidated across entities
• ERP AP/AR/open-item data brought into the same cash view
• Multiple ERP instances and versions running simultaneously
• Mapping between different ERP charts of accounts/entities
• Intraday vs. end-of-day bank data
• Automated reconciliation of bank → TMS → ERP
• Drill-down from consolidated cash to entity, bank account and transaction
• API and SFTP/file connectivity for legacy ERPs
• How new ERP instances are onboarded without custom development
• Forecast vs. actual cash using ERP data
• Audit trail showing exactly where each cash figure originated

One particularly important question for a multi-ERP environment is: "Show us the same cash position with data coming simultaneously from two different ERPs and multiple banks." That will reveal much more than a standard product demo.

If you tell me which ERPs you have (e.g. SAP + Oracle + NetSuite), number of entities, approximate bank-account count, and whether you need forecasting/payments/FX in addition to visibility, I can narrow this to a 3–5 vendor shortlist with a feature-by-feature comparison and suggested RFP requirements.

Nomentia is especially interesting if the problem you're solving is fragmented finance architecture—for example, SAP for some subsidiaries, Oracle/NetSuite for others, plus legacy ERPs. Its integration layer explicitly supports multiple ERPs in parallel and can use APIs or file-based connectivity for older systems.

If your primary requirement is one cash-visibility layer across multiple ERP instances, I’d put Kyriba and Nomentia at the top of the shortlist.

Best-fit options

1. Kyriba — strongest enterprise choice

Kyriba explicitly supports connecting multiple ERP instances and provides a consolidated cash view across ERP instances, bank accounts and legal entities. Its prebuilt ERP connectivity includes SAP, Oracle ERP Cloud, Workday, Microsoft Dynamics and NetSuite, with real-time cash, forecasting and payment integrations.Kyriba+1

Its cash platform is particularly compelling if you want to go beyond visibility into forecasting, payments, reconciliation, liquidity management, FX and risk.Kyriba+1

kyriba.com

2. Nomentia — very strong alternative

Nomentia is particularly explicit about multi-ERP environments: it supports different entities using different ERPs in parallel, with configurable mappings rather than requiring custom development. Supported platforms include SAP, Oracle NetSuite, Microsoft Dynamics 365, Oracle Fusion and Sage.Nomentia

It combines ERP connectivity with bank connectivity, cash positioning, cash-flow forecasting, payments and treasury management.Nomentia+1

nomentia.com

How I'd choose

• Many ERP instances + global treasury + sophisticated liquidity/risk: Kyriba
• Heterogeneous ERP landscape + strong cash visibility/connectivity: Nomentia
• Primarily U.S./North American corporate treasury and wanting a potentially simpler TMS: GTreasury is worth adding to the evaluation.

The most important thing I'd test in demos isn't simply "Do you integrate with SAP/Oracle?" It's whether the system can normalize cash data from multiple ERP instances into a single entity/currency/account hierarchy without significant custom integration work.

If you tell me which ERPs you have (e.g., SAP + Oracle + NetSuite), number of legal entities, approximate bank-account count, and whether you need forecasting/payments in addition to visibility, I can narrow this to 2–3 systems and build a detailed comparison.