The Future of Corporate Treasury Management Software Procurement Intelligence [Business]
The corporate treasury management software category is anticipated to grow at a CAGR of 6.5% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 1.25 billion. The category is derived from the increasing complexity of financial operations, regulatory compliance requirements, and cost savings. Effective risk management is crucial for businesses to mitigate potential financial threats such as market volatility, credit risk, etc. Treasury management software provides real-time monitoring and analysis that enables prompt response and improvement of the overall framework, hence accelerating its demand in the market. Integration with other financial systems such as enterprise resource planning (ERP) systems, and banking and trading platforms also contribute to the category growth. In September 2022, Oracle introduced a B2B Commerce that intended to reduce transaction complexity by integrating JP Morgan finance and FedEx logistics into the Oracle Cloud ERP platform.
As digital transformation continues to gain momentum, technology has become a high priority. Cloud Computing/SaaS offers instant full-time access to data, whereas, AI (Artificial Intelligence) and RPA (Robotic Process Automation) enabled the analysis of immense capacities of information and completion of repetitive tasks resulting in the creation of transaction transparency, elimination of excessive paperwork, and facilitation of work. Application Programming Interfaces (APIs) are becoming a new buzzword in the market. Kyriba OPEN API platform is the most advanced ERP connector that offers multiple bi-directional workflows and unifies enterprise-wide data from ERP. In September 2022, DBS, a multinational banking and financial services corporation, partnered with FinLync, a global fintech company, to develop DBS-RAPID. An API-driven solution that delivers digitalization, speed, and interconnectivity.
Order your copy of the Corporate Treasury Management Software Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
The category is highly fragmented with a mix of large and small players. By offering best-in-class solutions, the suppliers enable businesses to purchase only the parts of the software they actually need. The demand for scalability and flexibility has given rise to a diverse range of software providers, each catering to different requirements and customization. New entrants and startups delivering specialized solutions further diversify the market. The industry-specific approach and strong regional presence contribute to category fragmentation. One of the biggest and most advanced markets for this category is North America. This region is home to a number of major businesses and financial institutions, and because of the complexity of their financial operations, they require dependable TMS solutions to effectively manage their cash, liquidity, and risk.
The cost of the category depends on software functionalities, deployment model (on-premises, cloud-based or hybrid), the scale of implementation, customization, etc. Software updates, employee training, licensing or subscription, and additional services or support also add up to the cost. Software prices vary depending on the industry and services offered by the supplier. A customized treasury system can be built for anywhere between USD400K and USD1M on average. Trovata, a data-driven fintech platform has starting price of USD 2400. Bank Rec, a bank reconciliation software starts at USD 199.95. CashAnalytics, a cash flow management platform offers prices starting from USD 6000.
For sourcing of this category, identification of requirements is key followed by researching available options, evaluating software features, considering scalability and integration etc. Request for demos and trails, evaluate pricing and return on investment that the software can deliver. Ensure well-rounded assessment by including treasury professionals, IT personnel, and finance executives. Depending upon the services required, different softwares are available such as Centage can be used for cash forecasting, Kyriba for investment management, Fides Treasury Services for cross-border payments, etc.
Browse through Grand View Research’s collection of procurement intelligence studies:
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Corporate Treasury Management Software Procurement Intelligence Report Scope
• Corporate Treasury Management Software Category Growth Rate: CAGR of 6.5% from 2023 to 2030
• Pricing growth Outlook: 5 - 6 % (Annually)
• Pricing Models: Service-based pricing model, subscription-based pricing model
• Supplier Selection Scope: Cost and pricing, Scalability, integration capabilities, security, and compliance
• Supplier selection criteria: Functionality and features, Supplier experience, service support, risk management, technical specifications, operational capabilities, regulatory standards and mandates, category innovations, and others.
• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Key companies
• Kyriba
• Treasury Intelligence Solutions
• SAP Treasury and Risk Management
• Oracle Cash and Treasury Management
• Finastra Fusion Treasury
• ACI Universal Online Banker
• Trovata
• FIS Treasury
• Wallstreet Suite
• IT2
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
• Market Intelligence involving – market size and forecast, growth factors, and driving trends
• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
Commercial Print Services Procurement Intelligence: A Game-Changer for Businesses [Business]
The commercial print services category is expected to grow at a CAGR of 2.8% from 2023 to 2030. APAC accounts for the largest share of the category. The increasing use of printing technology for promotional activities, as well as the growing acceptance of digital printing, are driving category growth. Companies are focusing on adopting various strategies such as investments, partnerships, and mergers & acquisitions. For instance, in November 2022, Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a marketer of printing and packaging applications for industrial and commercial use, announced that it had entered into a partnership with Elastic Path to enhance its B2B commerce experience by implementing and optimizing a multi-vendor approach.
Print-on-demand (POD) is a business model that enables product customization and order-by-order sales. It is also an environmentally sustainable model. To lessen its influence on the environment, it employs water-saving printing methods and sends products in cardboard boxes instead of plastic ones.
Companies are continuously focusing on partnering or developing their own technology. For instance,
• In September 2022, Westrock Company bought the HP PageWide T1190 inkjet digital press. The digital press would supplement the company’s present offset lithography, flexographic preprint, flexographic direct printing, and sheet-fed digital print processes all over its corrugated box plants and specialty facilities.
• In May 2022, Quad announced it is expanding its In-Store Solutions production offering with the addition of the Landa S10P Nanographic Printing Press. The Landa S10P, with its powerful digital front end, sets a new standard in printing speed, format, efficiency, and data-driven digital applications, expanding digital capabilities for B1-format printing and providing unlimited variable print options at very fast speeds and the highest quality available.
• In May 2022, SICURA Litho Pack ECO, a novel U.V. offset ink for non-food paper and board use, was launched by Siegwerk. It contains over 40% sustainable and plant-based components, according to a news release from Siegwerk. It says that the new UV offset ink series contains a greater proportion of sustainable organic ingredients than standard UV inks.
• In August 2021, Cimpress entered into a deal with Canon, a manufacturer of inkjet printers, digital cameras, and business printers. This agreement sought to supply its numerous enterprises. Cimpress also wishes to increase its position in the expanding online printing industry.
Order your copy of the Commercial Print Services Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Commercial Print Services Sourcing Intelligence Highlights
• The global commercial print services category is fragmented, with numerous small and large players operating in different regions. The competition between players is intense as they strive to gain a wider customer base by investing in R&D to develop new products and improve customer experiences
• The suppliers of this service compete with each other by offering competitive prices for their services, lowering their bargaining power
• Printing equipment, toner & supplies, and paper form the most significant cost component in providing commercial print services. The overall cost also depends on factors such as labor, repair, and maintenance
• Service providers in this category offer services from graphic design, printing, fulfillment, marketing services, and others
List of Key Suppliers
• Quad/Graphics Inc.
• Acme Printing
• Cenveo
• RR Donnelley
• Transcontinental Inc.
• LSC Communications US, LLC.
• Gorham Printing, Inc.
• Dai Nippon Printing
• The Magazine Printing Company
• Cimpress plc
• Quebecor World Inc.
• Duncan Print Group
Browse through Grand View Research’s collection of procurement intelligence studies:
• Payroll Outsourcing Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
• Direct Mail Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Commercial Print Services Procurement Intelligence Report Scope
• Commercial Print Services Category Growth Rate: CAGR of 2.8% from 2023 to 2030
• Pricing Growth Outlook: 3% - 5% (Annually)
• Pricing Models: Volume-based pricing model, Performance-based pricing model
• Supplier Selection Scope: Cost and pricing, Past engagements, Productivity, Geographical presence
• Supplier Selection Criteria: Printing methods, print size, print quality, price, technical expertise, security measures, cost and value, support and maintenance, regulatory compliance, and others
• Report Coverage: Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
• Market Intelligence involving – market size and forecast, growth factors, and driving trends
• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
