APAC Treasuries Pivot to Efficiency and Centralisation

The level of technology sophistication in APAC treasuries illustrates a leapfrogging of legacy systems. 36% of the firms here adopt traditional treasury management systems (TMS) and ERP platforms compared to 43% of their global counterparts, yet are achieving near-parity in automation levels. This trend signals a strategic embrace of modern, agile solutions poised to enhance operational efficiency.

Centralisation of operations and banking structures is a common strategic response within the region. More than half (55%) of the respondents have centralised treasury operations - as far as regulations permit - allowing them to reduce costs while expanding into new markets.

Combining automation with centralisation generates substantial efficiency gains. Treasurers in APAC who harness these advancements report the ability to unlock time and capacity, redirecting focus from transactional tasks to higher-impact strategic initiatives. This evolution positions treasury teams as pivotal partners in steering sustainable growth and resilience.

Ray Suvrodeep, Head of Treasury Solutions Group, Global Payments Solutions, HSBC shared that firms in APAC are ahead of their global peers in their use of real-time payments and virtual accounts, with adoption of embedded payments, pay into wallets and tokenisation expected to grow significantly in the coming years.

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