GTreasury + PNC link via PINACLE Connect

GTreasury and PNC Bank launched an integration on November 21, 2024 that lets shared clients run bank payments and see balances inside GTreasury. (gtreasury.com) The link uses PNC’s PINACLE Connect, an embedded banking tool that connects the bank’s treasury services to a company’s treasury management system. PNC says clients can submit, approve, track and manage payments within their own system instead of switching platforms. (pnc.com) GTreasury and PNC said the setup covers automated payments for Automated Clearing House transfers, wires and real-time payments, plus real-time and historical balance and transaction reporting. They also said payment-status updates can feed reconciliation work inside the treasury platform. (gtreasury.com) Treasury software is the dashboard large companies use to watch cash, move money and match bank activity to internal records. PNC’s product page says PINACLE Connect is built to pipe account balances, transaction details and payment statuses directly into an enterprise resource planning or treasury system. (pnc.com) That matters for finance teams that still reconcile payments by downloading files, checking bank portals and rekeying data. PNC says the service is meant to reduce manual effort in reconciliation and shorten onboarding without heavy technical work. (pnc.com) PNC framed the deal as part of a broader push to put treasury tools inside the software clients already use to run their businesses. Howard Forman, executive vice president and head of Digital Channels for PNC Treasury Management, said the bank’s API-based approach is designed to automate manual processes, reduce risk and help clients optimize liquidity. (gtreasury.com) GTreasury made the same pitch to chief financial officers and treasury teams that want fewer handoffs between systems. Victoria Blake, the company’s chief product officer, said integrations with banks are central to giving finance teams tools “required to optimize efficiency.” (gtreasury.com) PNC’s materials show GTreasury among the treasury and accounting platforms already supported by PINACLE Connect, alongside systems such as Oracle NetSuite, SAP S/4HANA and Workday. The GTreasury link adds another bank-to-software connection in a market where treasury vendors compete on how quickly they can deliver cash visibility and payment control in one screen. (pnc.com)