MARKET INTRODUCTION
A cash management system is mainly used to manage payments, liquidity, account balances, and cash flows (inflows, outflows, or within the firm). Cash management refers to a broad area of finance involved in the handling, collection, and utilization of money. Cash management systems provide advantages such as cash concentration, zero balance accounting, and management of multiple bank associations from a central point. They have cash forecasting and cash positioning capabilities, which help ineffectual decision making concerning cash management. Additionally, cash management systems based on cash demand forecasting help banks in improving the earnings on their cash resources and reduce operational costs. In addition, cash management systems have the ability to improve cash pooling and cash sweeping.
MARKET DYNAMICS
In the current economy and global environment, organizations are espousing cash management systems in order to get a combined view of real-time cash reporting data from a centralized system, which is the major factor driving the growth of the cash management system market. However, a rise in government initiatives to indorse a cashless economy is the major factor that may restrain the growth of the cash management system market. Nonetheless, increasing demand for cash management systems in the retail industry is a major factor that is predicted to create new opportunities for the cash management system market.
MARKET SCOPE
The "Global Cash Management System Market Analysis to 2028" is a specialized and in-depth study of the cash management system market with a special focus on the global market trend analysis. The report aims to provide an overview of cash management system market with detailed market segmentation by deployment, organization, end user. The global cash management system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cash management system market players and offers key trends and opportunities in the cash management system market.
MARKET SEGMENTATION
The global cash management system market is segmented on the basis of deployment, organization, end user. On the basis of deployment, the market is segmented as cloud, on premise. On the basis of organization, the market is segmented as large enterprises, SMEs. On the basis of end-user, the market is segmented as banks, retail, non-banking financial corporation (NBFC), commercial enterprises.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cash management system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cash management system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cash management system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Cash management system market in these regions.
MARKET PLAYERS
The reports cover key developments in the cash management system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cash management system market are anticipated to lucrative growth opportunities in the future with the rising demand for cash management system market. Below mentioned is the list of few companies engaged in the cash management system market.
The report also includes the profiles of key cash management system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Acumatica, Inc.
- ALVARA Cash Management Group AG
- Aurionpro Solutions Limited
- Evry
- Giesecke+Devrient Currency Technology GmbH
- intimus International GmbH
- National Cash Management Systems
- Nucleus Software Exports Ltd.
- Oracle
- Sage Intacct, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS
LIST OF TABLES
LIST OF FIGURES
The List of Companies
1. Acumatica, Inc.
2. ALVARA Cash Management Group AG
3. Aurionpro Solutions Limited
4. Evry
5. Giesecke+Devrient Currency Technology GmbH
6. intimus International GmbH
7. National Cash Management Systems
8. Nucleus Software Exports Ltd.
9. Oracle
10. Sage Intacct, Inc.