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Foreign Exchange

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.

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.

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