Technology review 2010: Treasury Management – In-house versus ASP and SaaS solutions

When purchasing a cash and treasury management system, corporate treasurers must decide whether to opt for an in-house installation, an application service provider (ASP) solution or a software-as-a-service (SaaS) solution. The in-house system is the traditional route, still taken by many, but the ASP solution is now becoming a viable alternative, even for very large multinational companies, and some suppliers only provide ASP or SaaS solutions.

Also in this section:
Controlling fraud – payment cards
Controlling fraud – Digital Indentities
Minimizing reputational risk
Improving connectivity
Automating bank relationship management
Treasury Management – Efficiency and compliance
Treasury Management – In-house versus ASP and SaaS solutions






The cash and treasury management system providing the ASP solution is usually hosted and maintained by the supplier in its data centre, though it can be hosted in the company’s data centre, if required. Medium sized and large companies have used ASP solutions for several years now, but over the past couple of years some very large companies have also begun to use them.

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