WisdomInterface
WisdomInterface
January 24, 2025
1 min read

Oracle Positioned as a Leader in 2024 IDC MarketScape: Worldwide Cash Management Systems Vendor Assessment

Recognized for comprehensive and configurable SaaS cash management portfolio with embedded AI and ML for more accurate predictive forecasting.

Cash management systems have evolved to cope with multiple challenges that have made traditional batch processes outdated; these processes are unable to address the need of corporate banks and their corporate customers for accurate and timely data about their current cash positions.

Considering the move toward real-time banking, corporate banks must offer their corporate customers timely and accurate insights to grant them control of their current cash positions. Real-time pressure arising from shortened transaction turnaround and the widespread adoption of real-time payment rails has had a huge impact. End-of-day statements are not enough to show exactly where the cash sits or when it will be impacted.

See why Oracle was recognized as a Leader in 2024 IDC MarketScape: Worldwide Cash Management Systems Vendor Assessment.

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