GRAWE România, part of the Austrian GRAWE Group and one of the key players in the insurance market across Central and Eastern Europe, has selected FinqTreasury – the treasury management system developed by Finqware – to automate financial processes and increase operational efficiency.
Through this implementation, GRAWE Romania is accelerating the digitalization of its financial infrastructure, benefiting from direct bank connectivity and multi-bank integration, with real-time visibility over cash flow. In an operational environment specific to the insurance industry — characterized by high volumes of collections, recurring payments, and strict compliance requirements — FinqTreasury enables the centralization of banking data, automation of reconciliations, and a significant reduction in manual processes.
FinqTreasury is a modern, cloud-based treasury management system built on Open Banking technology. The platform automates bank statement reconciliation, payment reconciliation, and receivables reconciliation processes, reducing manual effort by up to 80% and minimizing operational risks associated with traditional financial workflows.
“Digitalization is currently one of our company’s strategic priorities, with a clear objective of operational optimization and alignment with current corporate governance standards. In this context, choosing the FinqTreasury platform marks an essential step in modernizing our financial infrastructure, providing real-time visibility over financial flows and full traceability, with minimal manual intervention. The implementation of this solution strengthens our ability to support sustainable long-term growth,”
The collaboration with GRAWE strengthens Finqware’s position in the insurance vertical and confirms the growing interest of companies in this sector for automating and digitalizing financial processes. Finqware already partners with key market players and is in advanced discussions with other relevant actors, further reinforcing its position as an industry standard for digital financial management in the insurance sector.
“By implementing FinqTreasury, GRAWE Romania is taking a strategic step toward a modern, scalable, and fully integrated financial infrastructure. We continue to define the standard for digital financial management in the insurance sector,”
GRAWE Romania Asigurare S.A., part of the Austrian Grazer Wechselseitige Group with a history of nearly 200 years, is a solid company active on the local market since 2000. The company provides life and general insurance solutions, primarily dedicated to the retail and SME segments. Its business model is focused on stability, financial prudence, and long-term relationships with clients and partners.
Finqware is a Romanian fintech authorized as a pan-European payment institution, specializing in financial automation and bank connectivity through open banking technology. Through its solutions — including FinqLink and FinqTreasury — Finqware supports the financial digitalization of companies such as FAN Courier, MedLife, Signal Iduna, One United Properties, Rompetrol, Electrica SA, Autonom, and many others. At the same time, the Finqware platform is used by banks such as Banca Transilvania, CEC Bank, and Salt Bank to deliver next-generation payment services based on open banking technology.
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