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.
2.ALVARA Cash Management Group AG
3.Aurionpro Solutions Limited
5.Giesecke+Devrient Currency Technology GmbH
6.intimus International GmbH
7.National Cash Management Systems
8.Nucleus Software Exports Ltd.
10.Sage Intacct, Inc.
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.
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