Managing cash and liquidity has become increasingly important for businesses operating across Singapore and international markets. As companies handle multiple accounts, currencies, suppliers and payment obligations, treasury solutions can help finance teams gain better visibility and control over their financial positions. Explore Finmo’s treasury management system in Singapore to streamline financial operations and improve cash flow management. The right solution can also reduce manual processes, support forecasting and make it easier to manage cash across different markets.
Here are ten treasury solutions that businesses in Singapore can consider for improving cash and liquidity operations.
1. Finmo
Finmo provides a connected platform for businesses that need to manage cash, payments, liquidity and foreign exchange across markets. Its platform brings financial information from banks and other systems into a centralised environment, giving finance teams greater visibility over cash positions and transactions. Businesses can also use Finmo’s treasury management system in Singapore to manage local and cross-border payments through a single platform.
The solution supports multi-currency business payments and provides access to local payment methods in various markets. Its virtual account capabilities can also help businesses collect and manage funds across currencies. For companies with international operations, having payments, cash visibility and related treasury activities connected in one system can simplify daily financial management.
2. DBS
DBS offers a broad range of cash and liquidity management solutions for businesses in Singapore. Its services cover payments, collections, receivables reconciliation, accounts and liquidity management. Businesses can use digital tools to improve payment and collection processes while gaining greater visibility of their cash positions.
For companies managing regional operations, DBS also provides liquidity solutions such as cash concentration and notional pooling. These services can help centralise surplus funds and improve the use of available liquidity across different business accounts.
3. HSBC
HSBC provides treasury and liquidity solutions designed for businesses with domestic and international financial operations. Its services include cash concentration, notional pooling, interest enhancement and cross-currency cash concentration.
These solutions can be useful for companies that need to coordinate cash across several accounts or markets. HSBC also provides tools for monitoring global cash positions and managing liquidity investment, allowing businesses to make more informed decisions about surplus funds.
4. UOB
UOB offers liquidity management services aimed at helping businesses improve control over their cash and funding positions. Its solutions include cash sweeps, interest optimisation and notional pooling.
Cash sweep arrangements can automatically consolidate funds across eligible accounts, while interest optimisation services are designed to improve returns on available balances. For larger organisations with multiple entities, these features can provide a more structured approach to managing group-wide liquidity.
5. CIMB
CIMB provides treasury and commercial banking solutions covering cash management, foreign exchange, deposits and liquidity management. Its treasury services include FX transactions as well as solutions for managing interest rate, currency and commodity exposures.
Businesses with regular international transactions may find these services useful when currency movements affect operating costs or incoming and outgoing payments. Combining cash management with treasury products can also help companies manage day-to-day liquidity while considering broader financial risks.
6. Standard Chartered
Standard Chartered provides corporate treasury and cash management services for businesses operating across Singapore and international markets. Its solutions cover areas such as liquidity management, payments, collections and account services.
For organisations with regional operations, centralised treasury capabilities can help improve oversight of cash held across different markets. The bank also offers tools and services designed to support businesses dealing with foreign currencies and cross-border financial activity.
7. OCBC
OCBC provides cash management and treasury services for businesses with varying operational requirements. Its business banking offerings include accounts, payments, collections and liquidity-related solutions.
A key consideration for businesses is the ability to connect routine banking activities with broader cash management processes. By bringing payment and collection activities into a more organised structure, companies can improve their understanding of incoming and outgoing cash flows and make better use of available funds.
8. Citi
Citi provides treasury and cash management services for companies with complex domestic and international requirements. Its offerings include liquidity management, collections, payments and account services.
For multinational businesses, centralised treasury structures can help finance teams manage cash across multiple jurisdictions. Citi’s international network can also support companies that need to coordinate payments and collections across different currencies and markets.
9. Airwallex
Airwallex provides financial infrastructure for businesses that operate across borders. Its services include multi-currency accounts, international payments, foreign exchange and expense management.
For growing companies, multi-currency capabilities can simplify the process of receiving and sending funds internationally. Instead of managing separate processes for every market, businesses can use a centralised platform to handle various financial activities. This can be particularly relevant for companies with overseas suppliers, customers or employees.
10. Kyriba
Kyriba is a treasury management platform focused on helping organisations manage liquidity, payments, risk and financial data. Its treasury capabilities can support areas such as cash visibility, forecasting, working capital and financial risk management.
For larger organisations with more complex treasury requirements, a dedicated treasury management platform can provide a structured environment for consolidating financial information. This can help treasury teams move away from fragmented spreadsheets and manual processes while improving oversight of cash and liquidity.
Choosing the Right Treasury Solution
The most suitable treasury solution depends on the size of a business, its operating markets and the complexity of its financial activities. Smaller companies may prioritise straightforward payment and multi-currency capabilities, while larger organisations may require more advanced forecasting, liquidity management and risk tools.
Businesses should also consider how easily a solution can integrate with existing accounting systems, enterprise resource planning platforms and banking relationships. Real-time cash visibility, automation, reporting and support for multiple currencies can be particularly valuable for companies with international operations.
Ultimately, an effective treasury solution should make it easier to understand where money is held, how it is moving and how available liquidity can be used efficiently. By selecting tools that align with their operational needs, Singapore businesses can strengthen cash management while creating a more organised foundation for future growth.
