What is Treasury Management Software Market?
Treasury management software is the enterprise software which helps companies to automate their critical financial operations or treasury processes. It provides clarity and visibility regarding the important financial decisions and strategic business objectives. The treasury management software is used for maintaining financial security and minimizing reputational risk. It is further used by the internal management and bought from technical supplier. Its functions include real time cash management, cash flow forecasting, payment reconciliation, debt management, and others.
Highlights from Treasury Management Software Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | SAP (Germany), Oracle (United States), Kyriba (United States), CAPIX (United Kingdom), IBSFINtech (India), DataLog Finance (France), Nextage (Denmark), Cash Management Solutions (United States), Finastra (United Kingdom), Murex (France), Agiletics (United States) and Centripp (United Kingdom) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Treasury Management Software market throughout the forecasted period.
SAP (Germany), Oracle (United States), Kyriba (United States), CAPIX (United Kingdom), IBSFINtech (India), DataLog Finance (France), Nextage (Denmark), Cash Management Solutions (United States), Finastra (United Kingdom), Murex (France), Agiletics (United States) and Centripp (United Kingdom) are some of the key players profiled in the study. Treasury Management Software Market Segmentation:
Scope | Sub-Segments |
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Organization Size | SMEs,Large enterprise |
Platform | Windows,Linux,Android,IOS |
Pricing | Monthly,Annually,One-time license,Platform |
Features | Debt management,Forecasting,Risk management,Others |
On the basis of geography, the market of Treasury Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in Adoption of Cloud-Based Treasury Software
Market Growth Drivers:
Automation of Financial Operations by the Software is Fuelling the Market and Increasing Demand for Regulatory Compliance
Challenges:
Issues Associated with System Integration
Restraints:
Concerns Over Data Security and Cyber Security and Threat from Open Source Treasury and Risk Management Software
Opportunities:
Technological Advancements in Software is Boosting the Market
Key Target Audience
Government associations, Research organizations, Software vendors, Distributors and Others
Market Leaders & Development Strategies
On June 2020, Coupa software has acquired BELLIN Group which provides treasury management software (TMS). The acquisition will extend Coupa's value within treasury, payments, and working capital processes which will strengthen Coupa's position.