Market Snapshot:
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 | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Players profiled in the report are 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).
Geographic Breakdown and Segment Analysis
The Global Treasury Management Software market presents a comprehensive analysis of the Treasury Management Software market and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Treasury Management Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Treasury Management Software market
Analyst at AMA have segmented the market study of Global Treasury Management Software market by Type, Application and Region.
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
Market Developments Activities:
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.
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.
Key Target Audience
Government associations, Research organizations, Software vendors, Distributors and Others