The Association of Financial Professionals (AFP) has published the 2015 AFP Buyer’s Guide to Treasury Management Systems. The guide looks at some of the leading TMS vendors and asks them what they think are the main factors driving this market. The featured vendors include: 3V Finance, Bellin, Bloomberg Treasury, Financial Services, Gtreasury, Hanse Orga, Kyriba, Reval, Salmon Software and SunGard.

With the future of the TMS market likely to be Cloud-based, the guide looks at how systems are evolving to offer corporate treasurers software that can be used across the company, can integrate with existing enterprise resource planning (ERP) systems as well as offer modular options that can be chosen as software-as-a-service (SaaS).

The guide also includes a functionality matrix, providing a grid that clearly shows the capabilities of 14 different systems providers in areas including foreign exchange, derivatives, bank account management and forecasting.

The guide can be downloaded here.