PRESS RELEASE | treasuryXL announces partnership with FinTech company CXFacts (former BuyingTeams)

By treasuryXL

24/04/2023

VENLO, The Netherlands, April 24, 2023 – treasuryXL, a leading community platform for professionals in the banking and treasury industries, has entered into a partnership with CXFacts, a fintech company that launched a Bank Collaboration tool. Through this partnership, members of the treasuryXL community will gain valuable insights into enhancing collaboration between corporates and banks. This will provide treasurers, CFOs, and controllers with a continuous flow of up-to-date and comprehensive content, enabling them to perform their roles with greater efficiency and effectiveness.

The partnership will entail collaboration on messaging, content creation, and visibility, as well as joint distribution of relevant materials. There will also be cooperation on larger themes, such as event promotion and speaking engagements, along with contributions and publications from industry experts.

The treasury function is currently undergoing an evolution, transitioning from a primarily operational focus to a more strategic and sophisticated role. Fintech has emerged as a significant game-changer in this field. To ensure treasurers and members of the CFO team remain informed on all aspects of the treasury ecosystem, treasuryXL has partnered with CXFacts. The emphasis is particularly on enhancing collaboration between corporates and banks, providing treasurers with the necessary tools to navigate the complex financial landscape and execute their responsibilities with diligence and proficiency.

FX Risk Exposure

About treasuryXL

treasuryXL is a place to make connections. Since 2016 they have served the worldwide treasury community as a daily learning hub, a unique source of news from industry insiders, and a space to engage with the top experts in the field. For anyone with a treasury question, treasuryXL seek to connect you with answers from the best practitioners in the industry.

In close cooperation with partners and experts, treasuryXL offers knowledge, shares practical news and commentary, publicizes job opportunities, and creates online events. They do this via their website, a weekly newsletter, and their large community of treasury professionals on LinkedIn. Their comprehensive coverage of the industry attracts an audience from large corporates as well as medium-sized companies, along with consultancies, universities, and other treasury-related organizations.

treasuryXL’s strength is its community. Community members are quick to inform each other of highly relevant industry developments. Via social media and in online events, they also share knowledge and experience that is essential to the everyday work of treasury. For these reasons, treasuryXL has become an indispensable resource for treasury professionals around the world.

About CXFacts

CXFacts’ Bank Collaboration tool “BuyingTeams”, launched in May 2022, is a solution through which companies can keep score of their banking partners’ performance in all aspects of their business relationship, on a global level. It enables them to follow the development over time in an online business intelligence dashboard. All corporate colleagues, throughout the organisation, working with banks can be included and provide detailed data for front-office personnel, directly in dialogue with the banking partners.

CXFacts’ Bank Collaboration is available as SaaS and comes with REST API for integration with Power BI or other systems.

Large corporates are using the solution free of charge. Users are primarily large and international corporates, but in essence all corporates wishing to measure their banking partners’ capabilities and service levels over time could benefit from the solution. All employees working with banks in the individual companies can have a profile and provide valuable data for group treasury and their banking partners.

For more information about CXFacts, visit CXFacts.com or BuyingTeams.com

Go to Partner Profile.

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