In Worldwide SaaS and Cloud-Enabled Enterprise & Midmarket Treasury and Risk Management Applications 2023 Vendor Assessment Report
As financial transactions become increasingly global and complex, treasury leaders need the right transformation to increase cash visibility, scale treasury operations and streamline controls
The profound impact of technologies like SaaS applications, AI/ML, analytics and more on transforming how big treasury teams operate
Critical steps to consider while choosing a technology vendor that can provide the right tools to help companies cope with compliance/regulatory/liquidity demands.
HighRadius brings continued focus on innovation to the Treasury office with 16 pending patents for AI models offering insights into predictability of transactions forcash forecasting. For example, LiveCube, a No Code platform can help treasury users build scenarios on top of their baseline cash forecast.
TheCash Managementmodule brings together comprehensive automation functionalities around bank integration, global cash visibility & positioning, data repository for cash transactions, target balances management and reconciliation support.
About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.