- The key vendors in the global working capital management 2015-2019 are Bank of America, BNY Mellon, Citigroup, HSBC Global Asset Management, J.P. Morgan, Raiffeisen Bank and Standard Chartered.
London, 16 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global working capital management 2015-2019. The current trend of online receivable financing has attracted a lot of key market players, and competitors as well as customers, to have open competitive auctions and that are mostly bid by a global network of accredited institutional buyers. There are many industries that have shifted their focus to the online receivable financing platform, which is helping the companies to fulfill their working capital needs on a day-to-day basis. The global working capital management is estimate to grow at a CAGR of 19.56% during the forecast period of 2014-2019.
Source: Technavio, 2015
“The centralization of treasury is one of the important catalysts for working capital improvements for the forecast period,” says Faisal Ghaus, Vice President of Technavio Research.
“This helps the treasury to have visibility to have effective cash forecasts and control over the working capital.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Working Capital Management 2015-2019, please send an e-mail to media@TechNavio.com
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