Global Treasury Software Market Size, Trends and Growth Opportunity, By Operating System (Windows, Linux, IOS, Android, MAC), Application (Liquidity And Cash Management, Investment Management, Debt Management, Financial Risk Management, Compliance Management, Tax Planning, Others), Deployment Mode (On Premise, Cloud), Organization Size (Large Enterprises And Small And Medium Sized Enterprises), Vertical (Banking, Financial Services And Insurance, Government, Manufacturing, Healthcare, Consumer Goods, Chemicals, Energy, and Others) By Region and forecast till 2030.

Global Treasury Software Market Size, Trends, and Growth Opportunity, By Operating System (Windows, Linux, IOS, Android, MAC), Application (Liquidity And Cash Management, Investment Management, Debt Management, Financial Risk Management, Compliance Management, Tax Planning, Others), Deployment Mode (On Premise, Cloud), Organization Size (Large Enterprises And Small And Medium Sized Enterprises), Vertical (Banking, Financial Services And Insurance, Government, Manufacturing, Healthcare, Consumer Goods, Chemicals, Energy, and Others) By Region and forecast till 2030.

Global Treasury Software Market

Global Treasury Software Market was valued at USD 4.5 Billion in 2021 and is slated to reach USD 6.2 Billion by 2030 at a CAGR of 5.48 % from 2022-2030.
A programmer known as treasury software automates a business's financial processes, including cash flow, assets, and investments. It provides a treasury management system that keeps tabs on a business' capacity to turn assets into cash to meet a financial commitment. Financial managers and accounts use treasury management software to track liquidity and the capacity to turn assets into cash to meet financial obligations. By automating and streamlining treasury management tasks, the software reduces financial and reputational risks, saves money, and boosts operational effectiveness. Greater visibility, analytics, and forecasting provided by the treasury management system support the development of organisational financial strategies and enable better decision-making.

Market Drivers

Customer satisfaction has increased as a result of increased visibility into cash and liquidity while gaining control over bank accounts, maintaining compliance, and managing financial transactions. The treasury management system essentially provides seven core benefits in the organization that can improve capabilities, which include, Increase productivity, Data availability in real-time and precision, Errors in manual entry and calculation are reduced, Reduce unnecessary banking and foreign exchange costs, Detailed activity tracking, Flexibility in banking and connectivity, Compliance with regulations and risk reduction. In recent years, artificial intelligence has played a critical role in strengthening and transforming industries all over the world. Artificial intelligence (AI) is being used by a variety of entities across the globe, ranging from governmental bodies and large organizations to small online businesses.

Market Restraints

Cybercrime and cybersecurity issues increased by 600% in 2020 as a result of COVID-19. Hackers take advantage of flaws in network security to perform unauthorized actions within a system. Purple Sec LLC reports that the number of mobile malware variants increased by 54% in 2018 and that 98% of mobile malware targets different smart Android devices. 25% of businesses are thought to have been impacted by cryptocurrency theft. Teams of banking and financial management from various companies and industries are among the companies. Businesses and industries have been heavily embracing digitization in recent years. Banking, shopping, travel, and other industries are adopting digital models to improve customer experiences. Customer data and information are generated in massive quantities as a result of digitization. This raises security concerns, and this data has historically been more vulnerable to cyber-attacks and data breaches. Through this information and data, fraudsters and cyber attackers can easily mimic or steal an individual's identity, which can then be used for a variety of crimes. According to an S&P Global study on the share of global cyber-attack incidents across industries from 2016 to 2021, financial institutions topped the list with 26%, followed by healthcare (11%), software and technology services (7%), and retail (6%). Impact of COVID-19

The global Treasury Software market has been significantly impacted by the COVID-19 pandemic. The pandemic has disrupted global supply chains, financial markets, and economic activities, causing a shift in the priorities and strategies of treasury departments around the world. The increased demand for cloud-based solutions has been one of the most significant effects of the pandemic on the treasury software market. Because of the pandemic, many organizations were forced to quickly transition to remote work, emphasizing the importance of having secure, accessible, and scalable cloud-based treasury solutions. As a result, demand for cloud-based treasury software solutions has increased significantly. The pandemic has also increased the emphasis on cash forecasting and liquidity management in the treasury software market. Because of the pandemic's significant uncertainties and risks for businesses, accurate cash forecasting and liquidity management are critical for survival. Treasury software solutions capable of providing accurate and real-time cash forecasting, liquidity management, and risk assessment are becoming increasingly important. 

Recent Developments

ZenTreasury and their local partner MCA provided Redington Gulf with Lease Accounting Software for IFRS-16 in March 2022. Customers are no longer required to import data from multiple sources and store it on multiple platforms. Everything is completed using a single piece of software.
In September 2022, TIS and Delega will work together to offer customers automated multi-bank signatory rights management that is of the newest generation. Customers of TIS and Delega are able to use NextGen electronic bank account management thanks to the agreement (eBAM)

Market Segmentation

Global Treasury Software Market is segmented into By Operating System, Application, Deployment Mode, Organization Size, and Vertical. By Operating Systems such as Windows, Linux, IOS, Android, and MAC. By Applications such as Liquidity And Cash Management, Investment Management, Debt Management, Financial Risk Management, Compliance Management, Tax Planning, and Others. By Deployment Mode such as On-Premise, Cloud. By Organization Sizes such as Large Enterprises And Small And Medium Sized Enterprises. By Vertical such as Banking, Financial Services And Insurance, Government, Manufacturing, Healthcare, Consumer Goods, Chemicals, Energy, and Others. 

Regional Analysis

Global Treasury Software Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Because of the high adoption of advanced technology and the presence of major players in the region, the United States is expected to dominate the global treasury software market in North America.

Key Players
This report includes a list of numerous Key Players, namely ZenTreasury Ltd, Emphasys Software, SS&C Technologies, Inc., CAPIX, Adenza, Coupa Software Inc., DataLog Finance, FIS, Access Systems (UK) Limited, Treasury Software Corp.

Market Taxonomy  

By Operating System
• Mac
• Windows
• Ios
• Android
• Linux

By Application
• Liquidity
dity And Cash Management
• Financial Risk Management
• Debt Management
• Investment Management
• Tax Planning
• Compliance Management
• Others

By Deployment Model
• On Premises
• Cloud

By Organization Size
• Small And Medium-Sized Enterprises (Smes)
• Large Enterprises

By Vertical
• Banking, Financial Services And Insurance (Bfsi)
• Wealth Management
• Government
• Manufacturing
• Healthcare
• Consumer Goods
• Chemicals
• Energy
• Others

By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.