A significant portion of companies now use a cloud-based treasury system, although the majority still rely on software installed on-premises, according to a recent survey. Going forward, analysts and consultants expect increasing numbers of treasury departments to adopt cloud-based systems, particularly at small and midsize companies.
The survey of more than 400 businesses around the world, conducted by the Association for Financial Professionals (AFP) and its gtnews unit, shows that 58% use some kind of treasury management system; the portion is 66% in Europe and 53% in North America.
Among those companies, 54% use an installed, dedicated system, while 13% rely on the treasury module of the company's ERP system and 33% use software delivered via a software-as-a-service (SaaS) or application service provider (ASP) model.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Susan Kelly
Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.
