What is Round Treasury?
Round Treasury is a accounting tool. Round Treasury provides an AI-powered platform that automates end-to-end financial operations, including treasury management, accounts payable, and payroll. It aims to eliminate manual workarounds by offering specialized modules that allow finance teams to build custom automation layers. Key capabilities: AI Treasury Manager for dynamic rate discovery and automated cash sweeps, Automated Accounts Payable with invoice capture, data extraction, and payment execution, Automated Payroll processing with data mapping, approval routing, and payment execution, Multi-entity visibility and management across all accounts, Foreign Exchange (FX) with fair pricing and integrated conversions. Round Treasury ships a free plan plus paid tiers that unlock as usage grows. Buyers most often compare Round Treasury against QuickBooks, Gusto, Rippling.
TL;DR - Round Treasury
- Automates treasury, accounts payable, and payroll with AI.
- Maximizes yield on idle cash and automates money movement.
- Integrates with existing financial tools for streamlined workflows and real-time reconciliation.
Pricing: Free plan available
Best for: Growing teams
4.9/5 across review platforms
Pros & Cons
Pros
- Significantly reduces manual finance work and operational overhead
- Maximizes returns on idle cash with high-yield investments
- Provides comprehensive visibility across all financial accounts
- Offers flexible and customizable automation workflows
- Integrates seamlessly with existing financial systems
Cons
- FX features are currently available only for select customers or on a waitlist
- Capital is at risk when investing through the platform
- Specific pricing details are not readily available on the main pages
Ratings Across the Web
4.9(32 reviews)
Ratings aggregated from independent review platforms. Learn more
Preview
Key Features
AI Treasury Manager for dynamic rate discovery and automated cash sweepsAutomated Accounts Payable with invoice capture, data extraction, and payment executionAutomated Payroll processing with data mapping, approval routing, and payment executionMulti-entity visibility and management across all accountsForeign Exchange (FX) with fair pricing and integrated conversionsWorkflow builder with templates, AI, and visual drag-and-drop optionsReal-time two-way sync with Xero and NetSuite for reconciliationApproval workflows via Slack or email
Pricing Plans
Launch
£0/mo
- Complete treasury management automation
- Multi-currency accounts (GBP, USD, EUR)
- Pay bills (25 invoices/mo included)
- Pay payroll (10 payments/mo included)
- AI workflow builder (5 builds/mo)
- Automated withdrawal & payroll top-up rules
- Xero integration
- Unlimited users
Growth
Contact Us
- Everything in Launch plan, plus:
- Invoice capture with AI-powered OCR
- Auto funded bills (AP Agent)
- Auto funded payroll (Payroll Agent)
- Approval rules & routing
- Advanced scheduling (date & time, balance thresholds, market rate)
- Integrations (Stripe, Pleo, Slack, Google Sheets)
- 100 invoices/mo, 50 payroll payments/mo
- Up to 3 entities, 10 users
- Dedicated Slack onboarding & support
Enterprise
Contact Us
- Everything in Growth plan, plus:
- Unlimited entities with consolidated cash view
- Cross-entity reporting & custom dashboards
- Cash positioning alerts (Cash Positioning Agent)
- API export to BI tool / data lake
- SSO / SAML
- 500 invoices/mo, 250 payroll payments/mo
- Unlimited users, unlimited workflows
- Custom workflow development
- Priority support & SLAs
- NetSuite + custom ERP integrations
- Dedicated account manager
About Round Treasury
By Toolradar Team·
Round Treasury provides an AI-powered platform that automates end-to-end financial operations, including treasury management, accounts payable, and payroll. It aims to eliminate manual workarounds by offering specialized modules that allow finance teams to build custom automation layers. The platform helps businesses maximize yield on idle cash by integrating with high-yield Money Market Funds while maintaining liquidity, and automates money movement to ensure funds are available when needed.
The platform also streamlines invoice processing, payment scheduling, and payroll runs, reducing operational overhead and improving efficiency. It offers flexible workflow builders, including templates, an AI builder, and a visual drag-and-drop interface, to create custom automation. Round Treasury integrates with existing financial stacks like ERPs and bank accounts, providing real-time visibility and reconciliation, and supports multi-entity management for a consolidated view of all accounts.
Reviews
Be the first to review Round Treasury
Your take helps the next buyer. Verified LinkedIn reviewers get a badge.
Write a reviewBest Round Treasury Alternatives
Top alternatives based on features, pricing, and user needs.
QuickBooksPaid
Small business accounting software
GustoPaid
Modern HR, benefits, and payroll
RipplingPaid
Workforce management platform
PaychexPaid
Payroll and HR services
OdooFreemium
All-in-one open-source business management software with a vast app ecosystem.
FloatPaid
Unlock cash visibility and make confident financial decisions with visual cash flow forecasting.
Explore More
Round Treasury FAQ
How does Round Treasury ensure liquidity while investing idle cash in Money Market Funds?
Round Treasury keeps capital in high-yield Money Market Funds but only draws funds on the exact day a bill is due, ensuring liquidity is maintained for operational needs. Automated sweeps and routing replace manual bank transfers, moving cash from treasury to where it's needed precisely when it's needed.
What kind of integrations does Round Treasury support for financial reconciliation?
Round Treasury offers real-time, two-way synchronization with accounting software like Xero and NetSuite. This integration ensures every payment is reconciled and every transaction is logged automatically, eliminating manual data entry for more efficient reconciliations.
Can Round Treasury manage financial operations for businesses with multiple legal entities?
Yes, Round Treasury includes a Multi-entity module that provides a consolidated view of all accounts across different entities. This allows businesses to see every account in one place, simplifying management and providing total cash visibility.
How does the AI Treasury Manager optimize cash management and yield?
The AI Treasury Manager dynamically scans dozens of bank and investment accounts in real-time to identify and secure the best available interest rates. It also uses automated cash sweeps based on user-defined balance thresholds to move funds between operating, payroll, and yield accounts, ensuring optimal returns while preventing missed payments.
What options are available for building custom automation workflows within Round Treasury?
Users can build custom automation workflows using three methods: starting from pre-built templates for common processes, describing desired automation to the AI builder, or using a visual drag-and-drop interface for full control over every step.
What is the typical timeframe for setting up and achieving automation with Round Treasury?
Round Treasury is designed for rapid implementation. Users can connect their existing financial stack and start earning yield on deposits within Day 1. Within Week 1, approval workflows can be live and the first automated payment runs completed. By Week 2, businesses can achieve significant autonomy, with a large portion of treasury moved to Round and improved returns and reduced time spent on accounts payable.
Source: roundtreasury.com