2014 Evaluation of Leading U.S. Cash Management Providers
Report Summary
2014 Evaluation of Leading U.S. Cash Management Providers
Simplicity, consistency, mobility, and streamlined processes are critical to cash management vendor success.
Boston, June 19, 2014 – Approximately 42% of large and midsize banks in North America are not satisfied with their existing corporate online banking and corporate portal applications, and that's bad news for corporate treasurers. Today's corporate treasurers need easier access to consolidated information, greater automation, and improved overall solution usability across multiple channels, placing behind-the-times banks under pressure to modernize their cash management offerings. In order to keep these lucrative customers, banks must replace their legacy systems and focus on the customer experience. Luckily, many banks plan to.
Based on an early 2014 vendor review process, this research explores key trends within the U.S. cash management industry and discusses the ways in which technology is evolving to address new market needs. It also compares and contrasts the offerings and changing strategies of leading U.S. online cash management solution providers—ACI Worldwide, Bottomline Technologies, FIS, Fiserv, Fundtech, Online Banking Solutions, Polaris, and SAP—and awards vendors for their strengths in critical areas.
This 66-page Impact Report contains 11 figures and 15 tables. Clients of Aite Group's Wholesale Banking & Payments service can download this report.