FEB 26, 2020: The global Cash Management System market size is expected to reach USD 25.37 billion by 2027, registering a CAGR of 12.6% from 2020 to 2027, according to a new report published by Radiant Insights, Inc. The growth can be attributed to the increasing adoption of cash management systems by organizations to accurately predict their flow of money. These systems help businesses prevent and mitigate any fraudulent activity using fraud prevention strategies, which is expected to further fuel the demand.
The substantial traction in digital transformation has impacted the way organizations interact with their network banks and manage cash. The digital cash management systems allow businesses to gain high visibility into their financial health. The growing focus on managing business profits has accelerated the market growth.
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The advanced money management systems offer businesses with a connected experience. These systems help businesses automate and streamline the financial functions of an organization and offer extensibility and real-time integration of business operations. Moreover, they allow organizations to optimize their working capital, which is instrumental in driving the market growth over the forecast period.
The money management systems are easy to use and have intuitive user interfaces, which allows the programming of risk management and process integration points. These systems, coupled with its intuitive user interfaces, permits multi-channel access to users. These systems are widely adopted, owing to various benefits, such as transparency, lower operational risk, and effective predictability.
Further key findings from the report suggest:
• The solution segment is expected to continue its dominance over the forecast period as wide usage of the component in businesses for managing liquidity, mitigating risks, and ensuring payment security
• The cash flow forecasting segment is expected to register the highest CAGR over the forecast period. This type of operations automate the collection of money flow data from all sources and provides real-time visibility and forecasts through a suite of dashboards, reports, and analytical tools
• Cloud is expected to witness significant growth over the forecast period. This deployment type offers various benefits, such as a virtually infallible computer support network and independent data-mining, and reporting capability
• The large enterprises segment is expected to continue its dominance over the forecast period. These enterprises are widely adopting cash management systems to improve their liquidity management
• As cash volume continues to grow across the globe, cash management systems are expected to gain significant traction in the banking sector
• Increased spending on the establishment of SMEs in Asia Pacific is expected to fuel the cash management system market growth over the forecast period
• Key market players include Intacct Corporation, NTT Data Corporation, Sopra Banking Software SA, Giesecke & Devrient GmbH, and Oracle Corporation
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Table of Contents
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Cash Management System Market – Industry Snapshot & Key Buying Criteria, 2016 – 2027
2.2 Global Cash Management System Market, 2016 – 2027
2.2.1 Global cash management system market, by region, 2016 – 2027
2.2.2 Global cash management system market, by component, 2016 – 2027
2.2.3 Global cash management system market, by operation type, 2016 – 2027
2.2.4 Global cash management system market, by deployment, 2016 – 2027
2.2.5 Global cash management system market, by enterprise size, 2016 – 2027
2.2.6 Global cash management system market, by end use, 2016 – 2027
Chapter 3 Cash Management System Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Cash Management System Market – Value Chain Analysis
3.3.1 Vendor landscape
3.4 Cash Management System Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing need to predict cash flows accurately and help businesses to prevent and mitigate fraudulent activity
3.4.1.2 Growing demand for automation and optimization of working capital
3.4.2 Market restraint analysis
3.4.2.1 High initial investment for cash management system
3.5 Penetration and Growth Prospect Mapping
3.6 Cash Management System Market – Porter’s Five Forces Analysis
3.7 Cash Management System Market – Company Market Share Analysis, 2019
3.8 Cash Management System Market – PESTEL Analysis
Chapter 4 Cash Management System Component Outlook
4.1 Cash Management System Market Share By Component, 2019
4.2 Solution
4.2.1 Cash management solution market, 2016 – 2027
4.3 Service
4.3.1 Cash management service market, 2016 – 2027
Chapter 5 Cash Management System Operation Type Outlook
5.1 Cash Management System Market Share By Operation Type, 2019
5.2 Balance & Transaction Reporting
5.2.1 Cash management system market for balance & transaction reporting, 2016 – 2027
5.3 Cash Flow Forecasting
5.3.1 Cash management system market for cash flow forecasting, 2016 – 2027
5.4 Corporate Liquidity Management
5.4.1 Cash management system market for corporate liquidity management, 2016 – 2027
5.5 Payables
5.5.1 Cash management system market for payables, 2016 – 2027
5.6 Receivables
5.6.1 Cash management system market for receivables, 2016 – 2027
5.7 Others
5.7.1 Cash management system market for other operation type, 2016 – 2027
Continued……..
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About Radiant Insights:Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
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