Worldwide SaaS and Cloud-Enabled Treasury Management Applications Assessment

This document is an IDC MarketScape vendor assessment focused on worldwide SaaS and cloud-enabled enterprise treasury and risk management applications for 2023. It outlines the importance of liquidity management in the current economic climate, emphasizing the need for businesses to effectively manage their cash flow and liquidity ratios. The assessment includes criteria for vendor inclusion, detailing the requirements for treasury management software providers, such as having a SaaS or cloud offering, the ability to operate independently from larger systems, and a significant market presence. It also discusses key features that should be considered when selecting a treasury management solution, including automation, analytics, compliance, and security. The document provides guidance for technology buyers on transitioning to an intelligent treasury management model, highlighting the importance of internal assessment, vendor selection, and implementation strategies. Additionally, it stresses the critical nature of post-implementation processes to ensure successful adoption and integration of the treasury management system.