Breaking the Excel Chains: The Magic of API-Based Treasury Tech

If you’ve ever stared down an Excel sheet filled with thousands of transactions and felt overwhelmed, you’re not alone. Spreadsheets have long been the center of the finance team’s world, a struggle many treasury professionals are all too familiar with. In this episode, JD chats with McKenzie Knudson, Senior Treasury Analyst at Sealaska, about her team’s transition from spreadsheets to the almost magical experience of API-based treasury tech, and how it helped to centralize data, streamline reporting, and foster collaboration.

• What are the limitations of spreadsheets for treasury functions?
• The ease of transitioning to and implementing APIs.
• How tagging streamlines queries and makes reporting more efficient.
• The potential of AI to further evolve treasury operations.

This episode is brought to you by Trovata.io. Trovata.io empowers everyone to analyze, report, forecast, move – manage cash like a pro – no matter who your business banks with. Save time, ensure data accuracy, and drive smarter decisions with access to your data across multiple banks and accounts. Learn more about Trovata at https://bit.ly/3JXHbcC.

About Joseph “JD” Drambarean:

JD is Trovata’s Chief Product Officer. Previously, he served as a Director of Strategy with the mobile app design firm, Punchkick Interactive. There, he was responsible for developing roadmaps and executing global product launches for brands like Marriott International, Allstate Insurance, and Harley-Davidson. He later served as a Senior Manager in Capital One’s Digital Product Management team. Joseph is a Chicago native and graduated with a BA in Political Science & Economics from Loyola University of Chicago.

Connect with JD on Linkedin: https://www.linkedin.com/in/jdrambarean 

About McKenzie Knudson: 

McKenzie, a Senior Treasury Analyst at Sealaska Corporation, holds a CPA and CTP designation, backed by a Bachelor of Science degree from the University of Wisconsin – La Crosse with majors in Accountancy and Finance, along with a minor in Economics. With a strong foundation in accounting, McKenzie brings a valuable accounting perspective to her role in treasury. In her current position at Sealaska, McKenzie actively collaborates with finance teams across the organization, seeking to understand their existing cash resource management practices. Her central objective is to establish a unified treasury framework.

Connect with McKenzie: https://www.linkedin.com/in/mckenzie-knudson-cpa-ctp-41638820/