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Embat Reviews & Product Details

Embat Overview

What is Embat?

Embat is the next-generation treasury management platform, providing a centralised tool for banking connectivity, treasury processes, payment automation and automated accounting and reconciliation. This allows finance teams to save up to 75% of the time usually dedicated to treasury tasks, while providing real-time and global insights on cash and debt positions. Features include: + Real-time bank connectivity + Banking pool management + Cash flow forecasting + Payments centralisation + Automated accounting and reconciliation + In-house banking + Counterparty management

Embat Details
Product Website
Languages Supported
German, English, Spanish
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Product Description

Keep your cash flows, cash accounts, debt positions and forecasts monitored and automated real time.

How do you position yourself against your competitors?

Embat uses technology to connect to clients' banks, unify their data and offer a real time cash position. This is a differentiating factor compared to other similar solutions, which offer information from the previous day's close. Another point to highlight is that being in the cloud, implemention time is greatly reduced,


Seller Details
Seller
Embat
Company Website
LinkedIn® Page
www.linkedin.com
Description

Embat is a technology vendor specializing in providing advanced solutions for the development and management of digital assets. Focused on enhancing user experience and optimizing digital workflows, Embat offers a suite of tools designed to streamline processes and improve efficiency for businesses. Their services cater to various industries, helping organizations leverage technology to achieve their goals. For more information, visit their website at [embat.io](https://www.embat.io).


Pablo N.
PN
Overview Provided by:

Recent Embat Reviews

Pablo G.
PG
Pablo G.Small-Business (50 or fewer emp.)
5.0 out of 5
"Gran herramienta para automatizar movimientos bancarios"
Desde que implementamos esta herramienta para automatizar la contabilización de los movimientos bancarios, hemos optimizado significativamente nues...
Verified User
A
Verified UserEnterprise (> 1000 emp.)
4.5 out of 5
"Good TMS with agility in implementation"
In the SEPA and USA environment you can have your cash position in real time in a fast and efficient way. The accounting integration is quite stabl...
Maychool D.
MD
Maychool D.Mid-Market (51-1000 emp.)
4.5 out of 5
"Procesos Bancarios Automatizados"
El ahorro de tiempo que representa tener los movimientos bancarios enlazados a cuentas contables/facturas. Dicho ahorro te permita dedicar tiempo a...
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Embat Media

Embat Demo - Cash flow management
Optimise cash flow with real-time visibility and insights.
Embat Demo - Cash flow forecasting
Create, update, and track cash flow forecasts with confidence.
Embat Demo - Accounting & bank reconciliation with AI
Automate accounting and bank reconciliation with advanced AI.
Embat Demo - Centralised payments
Approve, sign, track, and reconcile payments quickly and securely.
Embat Demo - Analytics, reporting & KPIs
Turn data into strategic decisions with real-time cash and debt visibility.
Embat Demo - In-house banking
Manage intercompany positions and transactions in one platform.
Antonio Berga, co-CEO and co-founder of Embat, explains to CBS News how Embat is transforming corporate finance with a fully-fledged treasury management solution.
Play Embat Video
Antonio Berga, co-CEO and co-founder of Embat, explains to CBS News how Embat is transforming corporate finance with a fully-fledged treasury management solution.
Carlos Serrano, co-CEO and co-founder of Embat, shares with CBS News how Embat’s treasury management solution helps finance teams make an impact and drive strategic growth in medium to large organisations.
Play Embat Video
Carlos Serrano, co-CEO and co-founder of Embat, shares with CBS News how Embat’s treasury management solution helps finance teams make an impact and drive strategic growth in medium to large organisations.
How Embat helped thePower, a global education platform with 120K+ students across 60+ countries, accelerate month-end close & streamline treasury management.
Play Embat Video
How Embat helped thePower, a global education platform with 120K+ students across 60+ countries, accelerate month-end close & streamline treasury management.
Managing treasury within SAP should be seamless, automated, and in real-time. 

That's exactly what Embat delivers by integrating with SAP to optimise how finance teams operate.

Welcome to he new era of corporate treasury with Embat & SAP
Play Embat Video
Managing treasury within SAP should be seamless, automated, and in real-time. That's exactly what Embat delivers by integrating with SAP to optimise how finance teams operate. Welcome to he new era of corporate treasury with Embat & SAP

Official Downloads

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14 Embat Reviews

4.5 out of 5
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14 Embat Reviews
4.5 out of 5
14 Embat Reviews
4.5 out of 5

Embat Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for EmbatQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Enrique F.
EF
Treasury Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Embat?

What I most like about Embat is the bank connectivity, extremely useful and reliable + the accounting module. Its integration with ERP is extremely useful for liquidity forecasting and bank reconciliation purposes. Implementation took us literally 2 weeks and since there we have been using it on a daily basis. Also, their customer support team is extremely motivated and always helpful to support us on the day to day. Review collected by and hosted on G2.com.

What do you dislike about Embat?

Some modules are still not fully developed (In House Banking).

Integration with some ERP's are easier than others. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

Embat is helping us firstly to create a global cash position and have real time conenctivity with banks.

Secondly to aumate the bank reconciliation function and thirdly to create treasury workflows to aumate day to day operations such as approvals, interest calculation or payments Review collected by and hosted on G2.com.

Pablo G.
PG
Head of BI
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Embat?

Desde que implementamos esta herramienta para automatizar la contabilización de los movimientos bancarios, hemos optimizado significativamente nuestros procesos contables. La integración con nuestras cuentas es fluida, y la generación automática de asientos contables nos ha permitido reducir errores y ahorrar una gran cantidad de tiempo.

Esta solución ha superado nuestras expectativas. Su facilidad de uso y precisión en el procesamiento de la información la convierten en una herramienta clave para mejorar nuestra gestión financiera. ¡Sin duda, una inversión acertada! Review collected by and hosted on G2.com.

What do you dislike about Embat?

Si bien la herramienta ha demostrado ser altamente eficiente y precisa, como en cualquier software en evolución, ocasionalmente encontramos pequeños detalles que pueden mejorarse. Apreciamos el compromiso del equipo de desarrollo en seguir optimizando la plataforma y confiamos en que con el tiempo estos ajustes harán que la experiencia sea aún más fluida y robusta. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

Si bien la herramienta ha demostrado ser altamente eficiente y ha optimizado significativamente nuestros procesos contables, como en cualquier software en constante evolución, ocasionalmente nos encontramos con pequeños inconvenientes o comportamientos inesperados. Aunque no afectan gravemente el rendimiento general, en algunos casos requieren ajustes manuales o una revisión adicional.

Apreciamos el esfuerzo del equipo de desarrollo en mejorar continuamente la plataforma y su rápida respuesta ante cualquier incidencia. Confiamos en que, a medida que se sigan puliendo estos detalles, la experiencia será aún más fluida y robusta, consolidando esta solución como una referencia en la automatización contable. Review collected by and hosted on G2.com.

Susana P.
SP
Global Treasury Analyst
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Embat?

Es perfecta para obtener la posición de caja inmediata de todas tus empresas y cuentas bancarias sin necesidad de acceder a la web de cada uno de los bancos para descargar los saldos y movimientos.

Además, gracias a la IA y a la creación de reglas, es una herramienta perfecta para la realización diaria del cash flow y para la contabilización de movimientos bancarios.

Por último resaltar que, tanto en el proceso de implementación como una vez implementado, el equipo de embat ha tenido en todo momento muy presente nuestras necesidades y feedback. Review collected by and hosted on G2.com.

What do you dislike about Embat?

Como he comentado, el equipo de embat siempre ha tenido muy presente nuestras necesidades y feedback y tenemos pendientes de implementación varias funcionalidades solicitadas en las que están trabajando. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

Cualquier problema/error/duda que tenemos con Embat lo solucionamos con el equipo fácilmente abriendo un ticket en la propia aplicación de Embat, este ticket es atendido por el equipo de customers y en caso de que necesitemos un apoyodo adicional, podemos agendar una reunión con ellos. Review collected by and hosted on G2.com.

Verified User in Transportation/Trucking/Railroad
UT
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Embat?

Uno de los puntos a destacar de Embat es la posibilidad de contabilizar los pagos junto con las facturas en un sólo movimiento evitando que éstas queden abiertas.

Del mismo modo, la posibilidad de crear reglas para aquellas transacciones frecuentes hace que el ahorrar tiempos en la contabilización de ellos sea muy notable.

El uso de la plataforma es bastante intuitivo. Review collected by and hosted on G2.com.

What do you dislike about Embat?

Quizás podrían implantarse a corto plazo alguna serie de mejoras en alguna de sus pantallas, como la posiblidad de que pudieran descargarse en algún tipo de informe los movimientos u operaciones o bien la creación de una opción de selección masiva de aquellos movimientos que están en la pestaña de conciliación/enlazar. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

Aquellos problemas que tenemos de forma puntual en Embat los resolvemos vía ticket o llamada, por lo que es fácil trasladar la información al equipo y que ellos puedan ayudarnos con ello. Review collected by and hosted on G2.com.

Maychool D.
MD
Global Accountant Associate
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Embat?

El ahorro de tiempo que representa tener los movimientos bancarios enlazados a cuentas contables/facturas. Dicho ahorro te permita dedicar tiempo a otras actividades de mayor valor.

El equipo de Customes Support esta siempre a disposicion de ayudar y actuan con la mayor rapidez posible. Review collected by and hosted on G2.com.

What do you dislike about Embat?

Al ser una plataforma nueva, presenta diversos errores con asociaciones de pagos de facturas o cuentas contables, pero suelen resolverlos con celeridad. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

La inversion de tiempo registrando movimientos bancarios de forma manual. Review collected by and hosted on G2.com.

IA
Administrative Technician
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Embat?

Thanks to Embat we've reduced the time spent on mechanical tasks and we're able to spend more time on strategic ones. At the moment we primarily use it to check bank transactions, cash balance and to make forecast but we're trying to connect Embat with SAP to improve our accounting process. Highly recommended if you aim to centralise the entire treasury process (forecasting, analysis, accounting, etc.). Review collected by and hosted on G2.com.

What do you dislike about Embat?

Sometimes the bank information is not updated. We work with lots of banks of many countries and most of these banks are not able to connect. However, we're working on that with the help of Embat's team Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

We are solving connectivity problems with some banks. The team's disposal is really greatfull for us Review collected by and hosted on G2.com.

Alessandra F.
AF
ASISTENTE ADMINISTRATIVO
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Embat?

EMBAT PERMITE AUTOMATIZAR LA CONTABILIZACION DE PAGOS DE DIFERENTES TARJETAS, EL CONTROL Y VERIFICACION DE CADA TRANSACCION ES VITAL PARA EL BUEN FUNCIONAMIENTO CONTABLE. LA CREACION DE REGLAS Y PARAMETROS AGILIZA NOTABLEMENTE ESTE CONTROL. Review collected by and hosted on G2.com.

What do you dislike about Embat?

EN OCASIONES ASOCIA PAGOS DE DIFERENTES FUENTES A UN MISMO PROVEEDOR, POR LO QUE SE DEBE VERIFICAR EL EMISOR CON EL DESTINATARIO. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

NO COMPRENDO LA PREGUNTA Review collected by and hosted on G2.com.

Verified User in Transportation/Trucking/Railroad
AT
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Embat?

In the SEPA and USA environment you can have your cash position in real time in a fast and efficient way. The accounting integration is quite stable. System in continuous development Review collected by and hosted on G2.com.

What do you dislike about Embat?

Lack of integration with banks in Latam and Asia. Sometimes bank connections fail and we have to notify ourselves Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

We consolidate Spain's cash flow in real time. Improvement of times in the preparation of Cash Flow and Bank accounting.

Reduce the risk of fraud Review collected by and hosted on G2.com.

MB
Director of Employee Benefits
Hospital & Health Care
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Embat?

Having all financial data centralized has been a great advantage for us through Embat's platform. It connects with banks in real time, and eliminates the need for data entry for many of our cash and debt reporting needs globally, which are reported in real time. Review collected by and hosted on G2.com.

What do you dislike about Embat?

There are some forms of reporting functionalities, which may be slightly lacking in the aspects of flexibility. Desired data points or filtering criterion can be difficult to genrate formatting reports. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

Embat helps to unify treasury offices by automating such work as creating endless lists of procedures and avoiding possible mistakes. The Real time bank connectivity and data aggregation gives the platform an immediate view on the world's cash and debt picture. Review collected by and hosted on G2.com.

Juan R.
JR
Accounting associate
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Embat?

La contabilizacion de los movimientos bancarios es rapida y sencilla, bastante intuitiva. Review collected by and hosted on G2.com.

What do you dislike about Embat?

A veces da errores, que te limitan a la hora de continuar con el trabajo. Review collected by and hosted on G2.com.

What problems is Embat solving and how is that benefiting you?

Contabilizar todo mas facil y rapido Review collected by and hosted on G2.com.