Our Mission

ZenTreasury, a provider of cloud computing for financial contracts, is empowering businesses of all sizes on their journey to build the digital finance function of the future.

About Us

At ZenTreasury, we all come to work every day because we want to build better tools for treasury and finance professionals. Our platform is built mainly for two different markets, the Treasury Management and the Lease Accounting. Our core modules FX, Loans & Money Market and Trade Finance are targeted for Group Treasuries and the treasury management system market, while the module IFRS 16 Leases is for Group Accounting functions and the lease accounting market.

Product description

ZenTreasury is your Treasury & Lease accounting platform, designed to help you run your Treasury and Lease operations by aggregating all your data on one encrypted database, providing you a "single source of truth". We offer modules for a tailored and cost-effective solution. Our modules range from Foreign Exchange, Loans, Trade Finance, Lease (IFRS 16) to Treasury Accounting. They are powerful alone, but even better we used together. Compared to traditional TMS providers, getting started with ZenTreasury is quick and easy.

Markets and our opportunity

Treasury Management

Today the global Treasury management System (TMS) market is dominated by a few industry juggernauts, who’s solutions are expensive, take a long time to implement and are hard to use. Our mission is to change this and provide easy to use and cost-effective solution so that even companies with less resources and manpower are able to achieve a fully functional treasury operation.

Lease accounting

IFRS 16 - the new leases standard came to effect January 1st, 2019. This new standard provides much needed transparency on how to treat leases in accounting. Because of the new standard the lease accounting market is rather young. The most dominant players in the new market are companies that were focused on lease asset management before. ZenTreasury’s approach to IFRS16 is vastly different. Most of the IFRS-reporting companies need just an easy and efficient tool that does it all but not any extra. By leveraging our platform, we are able to provide a unique solution with a focus on financial accounting that comes with multicurrency functionality out of the box. Our mission is to become a global leader in this new market.

Achievements

Global reach

Three years after launch, the company is already serving medium to large corporations in Netherlands, United Kingdom, South Africa, United Arab Emirates, Sweden and Finland and users on every continent.

Validated IFRS 16 calculations

Our lease accounting solution is one of few software whose IFRS 16 calculations have been validated by an international audit firm.

Leadership Team

Lars Nevalainen Founder & CEO Lars founded ZenTreasury in May 2016 and is a self-taught programmer. Having worked for companies such as Nokia, Huhtamäki, Svenska Handelsbanken and Sanitec, he has an extensive background in treasury and finance. He holds a B.Sc. in Finance from Hanken School of Economics. Linkedin
Ville Ojanen COO & CFO Ville joined ZenTreasury in April 2018. He has an extensive treasury background from three different corporate treasuries where he has worked as a dealer and controller. In addition Ville has been a head of department both in finance and operations functions. He holds a M. Sc. from Turku School of Economics. Linkedin

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  • Otakaari 5, 02150 Espoo, Finland

ZenTreasury Ltd is a FinTech and SaaS company. We provide a platform for non-financial companies and accounting firms to manage financial contracts.

Business ID 2762104-2

Contact Us

  • Otakaari 5, 02150 Espoo, Finland

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