Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, June 22 2021 - 03:00
AsiaNet
Cloud-based enterprise software provider Eka to transform corporate treasury operations with a new, purpose-built, state-of-the-art solution
NEW YORK, June 22, 2021 /PRNewswire-AsiaNet/ --

- Eka acqui-hires banking and finance tech start-up Trxiea;  
- Devanshu Bhatt joins leadership team as SVP, Treasury Solutions

    Eka Software Solutions [https://eka1.com/], a cloud-based enterprise 
solutions provider, announced today it has shored up a team of industry experts 
tasked with delivering a new solution to dramatically transform corporate 
treasury operations. This new business initiative will be led by Devanshu 
Bhatt, former India Head of ION's Corporate Treasury Group. Eka also completed 
the acqui-hire of banking and finance start-up Trxiea Platforms and Solutions, 
whose highly experienced team will help accelerate the treasury solution's 
time-to-market.

    The strategic hires are part of Eka's ongoing effort to expand its 
state-of-the-art cloud platform into a comprehensive multi-solution platform 
for global enterprises. The newly assembled team was curated to develop a 
purpose-built, cloud-native corporate treasury solution that provides CFOs with 
a complete, real-time view across their entire enterprise by unifying disparate 
applications across procurement, banking, financial planning, risk management. 

    Manav Garg, Eka Founder and CEO said, "We have a clear vision of building a 
robust treasury solution that joins the dots across the organization, so that 
CFOs can operate from one single, trusted source of truth, rather than trying 
to piece together information from disparate systems and departments. To do 
this, we have built a team of incredible subject matter experts, and we are 
extremely excited to translate our vision into a transformative product over 
the coming months."

    A Best-in-Class Team 

    Devanshu Bhatt brings over 20 years of treasury and finance product 
management and development experience. Prior to ION, Devanshu led Product 
Development for Reval, ION Treasury's cloud-based solution. Joining Bhatt is 
the highly experienced Trxiea team, co-founders Renju Balu and Dr. Trib 
Kharkwal who holds a Ph.D. in operations research. 

    Eka is a strong proponent of digitalizing critical business processes, as 
part of its 'Mission Digital' effort with an innovative solution-driven 
approach that delivers:

automated workflows to drive business resiliency; 
simplified interface to support new ways of bringing employees, processes, and 
technologies together; 
instant access to buyers and suppliers across the supply chain; 
fast and flexible integration with pre-built connectors to ERP, CRM and Market 
data 

   About Eka Software Solutions

    Eka is a global leader in providing innovative, cloud driven solutions that 
help digitize and improve business functions across supply chain and financial 
management. Read more at www.eka1.com .

    Contact:
    Sharmita Mandal
    Head Global Communications
    Eka Software Solutions
    Sharmita.mandal@eka1.com 

    Source: Eka Software Solutions

 
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