Updated July 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral — no vendor pays for placement or ranking.
Treasury and cash management software for Dynamics 365 centralises bank connectivity, cash positioning, payment execution and forecasting, reconciling actuals back to Dynamics. D365 Finance includes cash and bank management with bank reconciliation and basic forecasting; treasury platforms add multi-bank aggregation, payment control and liquidity forecasting the ERP cash module does not attempt.
| Product | Best for | Pricing | Deployment |
|---|---|---|---|
| SMB / Mid-market | Quote-based | Cloud | |
| Mid-market / Enterprise | Quote-based | Cloud | |
| Mid-market / Enterprise | Quote-based | Cloud | |
| Mid-market / Enterprise | Quote-based | Cloud | |
| Mid-market / Enterprise | Quote-based | Cloud | |
| Mid-market / Enterprise | Quote-based | Cloud/On-premise | |
| Mid-market / Enterprise | Reported $25,000-$200,000+/year by deployment scope | Cloud | |
| Mid-market / Enterprise | Quote-based | Cloud |
Treasury requirements in Dynamics landscapes divide by company size more cleanly than in most categories. Business Central and smaller F&O customers need cash visibility and a forecast they can trust — a problem the lighter cash-management platforms solve well and inexpensively.
Larger F&O customers with many banking relationships, multiple currencies and entities Dynamics does not fully consolidate need the full treasury stack: standardised bank connectivity, payment controls, in-house banking and risk management. The vendors below span both ends, and the price difference between them is an order of magnitude — so being honest about which problem you have is worth real money here.
Dynamics 365 Finance includes cash and bank management — bank account modelling, electronic statement import and reconciliation, cash flow forecasting from Dynamics transactions, and payment file generation for supplier and payroll runs. Business Central covers bank accounts, reconciliation and payment files with lighter forecasting. Both give you an accurate historical position from data Dynamics already holds. What neither provides is automated multi-bank aggregation, forecasting that blends Dynamics actuals with commitments and scenarios Dynamics never sees, centralised payment control with sanctions screening, or FX and debt management.
NetSuite
Sage
Dynamics 365
SAP
OracleNetSuiteDynamics 365SAPOracleNetSuiteDynamics 365SAPOracleNetSuite
Workday+1SAPOracleDynamics 365SAPOracleDynamics 365NetSuite+3NetSuiteSageDynamics 365SAP+1SAPOracleNetSuiteDynamics 365Customer stories from the vendors compared above, summarised from their published case studies.
Financial Services · USA · Enterprise
Tax team saved 10 hours per week; nearly 100 tax payment types automated; improved forecast accuracy; reduced late payments and penalties; extended benefits to other departments
Retail · USA · Enterprise
Achieved same-day cash transparency by 10:00-10:30 AM; automated daily store account reconciliation; identified missing deposits faster; enabled 200-300 wire transfers per sweep execution; automated 40k-45k monthly GL transactions; improved visibility across finance teams
Manufacturing · Global · Enterprise
Global cash forecasting consolidated from Excel; CFO now confident in forecasts; detailed transparency to individual transaction level; ability to manage FX exposures; comparison tools for forecast accuracy analysis
Australia
Runs with SAPFollowing its separation from Campbell’s Soup, The Arnott’s Group faced a critical decision: build treasury from the ground up or risk gaps in visibility, compliance and control. The existing setup remained fragmented, not cloud-based and short on core capabilities needed to scale. Key challenges included:Manual, Excel-based short-term forecasting and daily reconciliation that slowed decision-makingTime-intensive debt payment processing that increased operational burden and timing riskLimited forecasting by account or region, reducing the team’s ability to manage liquidity preciselyLack of real-time visibility into global cash positions across accounts, entities and regionsDisconnected workflows across SAP and bank data, creating manual entry and close bottlenecks
s leveraged:ChallengesGrupo Walworth operates a network of manufacturing entities across multiple geographies, each historically managing treasury independently. With no centralized oversight and varying regional banking portals, treasury processes were fragmented, manual, and expensive to maintain. Leadership recognized the need for a modern treasury management solution that would unify operations, streamline payments, and provide real-time visibility into cash.SolutionGrupo Walworth selected Ripple Treasury to help transform its treasury structure from siloed and reactive to centralized and strategic. The team began consolidating processes and automating approvals, with early success across both Mexico and the U.S.Capabilities DeployedCentralized cash visibility across all bank accountsM
s leveraged:ChallengesDDF’s treasury team faced time-consuming, manual workflows across investment tracking, interest accruals, and month-end reporting. Spreadsheet formulas and fragmented data sources introduced unnecessary risk and made it difficult to provide audit-ready reports or make timely strategic decisions. The team needed a solution that could:Automate time-intensive tasks across investment and reporting processesCentralize data for full visibility into liquidity and maturitiesShorten the month-end close process and reduce audit prep timeStrengthen controls and reduce operational risk in a regulated environmentSolutionDDF selected Ripple Treasury for its intuitive platform, rapid deployment, and ability to automate the full investment lifecycle. The Ripple Treasury professional
Summarised from each vendor's published customer stories. Figures are the vendor's own claims, not independently verified by ERP Research. See all 57 GTreasury case studies →
A vendor-neutral shortlisting guide to treasury & cash management: how the 8 systems we track compare on capability, what to check before you sign, and the questions that separate a good fit from an expensive one.
Treasury & Cash Management Buyer's Guide
8 systems compared · 2026
ERP Research
Most vendors in this category price by quote, so there is no honest list price to quote you. Here is what actually drives your number — and how to get a real one.
7 of the 8 vendors we track in this category publish no list price at all.
List the specific treasury & cash management outcomes you need — volumes, workflows, countries, systems in the loop — and rank them. Vendor demos are optimised to reframe your requirements around their strengths; a written list keeps the evaluation yours.
Every vendor here “integrates with Dynamics 365” — the differences are in depth. Ask each to demo the integration against a realistic Dynamics 365 configuration: your entity structure, your fields, your transaction volumes, and what happens when a sync fails.
Look for Microsoft AppSource listing / ISV certification and a current listing on Microsoft AppSource. Certification doesn't guarantee fit, but it confirms the vendor keeps pace with Dynamics 365 releases — uncertified integrations are where upgrade breakage concentrates.
Ask for two reference customers on Dynamics 365 at your size and in your industry, and ask them what broke in the first year. Implementation quality varies more than product quality in the treasury & cash management category.
Compare subscription plus implementation plus internal effort — not headline price. Dynamics 365 treasury management pricing models differ (per user, per volume, per entity), so normalise every quote to your actual usage before comparing.
Most Dynamics customers need the latter, and buying the former is the expensive mistake. Full treasury capability — FX exposure books, in-house banking, netting, debt and investment portfolios — targets large corporate treasury departments. If the actual problem is that your finance director rebuilds a thirteen-week cash forecast in a spreadsheet each Monday, a cash forecasting platform solves it at a fraction of the cost and complexity.
Structural complexity rather than revenue: more than a handful of banking relationships, cash across several currencies, entities Dynamics does not consolidate, or a need for centralised payment control and sanctions screening across systems. If you bank with two institutions in one currency, Dynamics cash management plus disciplined process is better economics than any platform on this page.
Two separate integrations, and buyers consistently underestimate the second. The Dynamics side exchanges AP, AR, bank statement and GL data through Dataverse and OData or the BC API. The bank side — host-to-host, SWIFT, API or regional formats, each with its own onboarding — is the real project. Ask how many of your specific banks the vendor already runs in production, because bank onboarding sets your timeline, not the ERP connector.
This comparison currently covers 8 options that work with Dynamics 365, including Agicap, GTreasury, HighRadius Treasury. Each links to a detailed profile with features, integrations, pricing and alternatives, and the directory is updated as the market changes.
Most vendors here quote rather than publish. Tell us your Dynamics 365 version, seat count and must-haves and we'll come back with an independent view of what it should cost — and which options are worth quoting against each other.