The Global Cash Management System Market size is expected to reach $20.6 billion by 2025, rising at a market growth of 13.5% CAGR during the forecast period. The substantial traction in digital transformation has completely changed the way companies communicate and maintain cash with their banks. The growing emphasis on revenues and other corporate treasures has created a program necessity that can provide them with more strategic and advisory processes to enhance their cash management. This has resulted in widespread adoption of the cash management systems. The digital cash management system is designed to help companies achieve high visibility in financial health. A modern cash management system provides a connected experience to the organizations.
The cash management system simplifies and automates an enterprise’s finance processes, and provides real-time integration and operations extensibility. Cash management market providers such as Infosys Finacle concentrate on collaborating with financial services companies to introduce their corporate customers’ inter-bank cash management system. Continuous emphasis on offering advanced features and incorporating new cash management systems technology are few of the main trends prevailing across the cash management system market.
The global market for cash management systems is driven primarily by an increase in demand from companies for cash management systems to make the cash management process more scalable and effective. In addition, companies are looking for centralized cash management solutions coupled with enterprise-level networking and banking applications to incorporate cash management systems with the click of a button. Increased adoption of smart, secure cash management solutions across different end-uses is expected to drive market growth. Smart and safe solutions help businesses solve cash handling and storage problems. Such technologically-advanced safes allow companies to track cash at every stage of the money handling process. Such safes give clear visibility to the flow of money at all times.
Based on Component, the market is segmented into Solution and Services. Based on Operation Type, the market is segmented into Balance & Transaction Processing, Cash Flow Forecasting, Corporate Liquidity Management, Payables & Receivables and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on End User, the market is segmented into Banks, Retail, Non-Banking Financial Corporations and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix, Infosys Limited and Oracle Corporation are some of the forerunners in the Cash Management System Market. Companies such as Finastra Group Holdings Limited, The Sage Group PLC, Glory Ltd., Aurionpro Solutions Limited, Intimus International Group, NTT Data Corporation, HCL Technologies Ltd., are some of the key innovators of the market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infosys Limited, Oracle Corporation, Giesecke & Devrient GmbH, The Sage Group PLC (Intacct Corporation), Glory Ltd. (Glory Global Solutions, Inc.), NTT Data Corporation, HCL Technologies Ltd. (HCL Enterprises), Aurionpro Solutions Limited, Intimus International Group, and Finastra Group Holdings Limited (Vista Equity Partners).
By Operation Type
- Balance & Transaction Processing
- Cash Flow Forecasting
- Corporate Liquidity Management
- Payables & Receivables
- Large Enterprises
- Small & Medium Enterprises
By Deployment Type
By End User
- Non-Banking Financial Corporations
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Infosys Limited
- Oracle Corporation
- Giesecke & Devrient GmbH
- The Sage Group PLC (Intacct Corporation)
- Glory Ltd. (Glory Global Solutions, Inc.)
- NTT Data Corporation
- HCL Technologies Ltd. (HCL Enterprises)
- Aurionpro Solutions Limited
- Intimus International Group
- Finastra Group Holdings Limited (Vista Equity Partners)