Best Treasury Management Software for SMBs in 2025
Small and mid-sized businesses (SMBs) these days are handling increasingly complex financing structures.
From syndicated bank loans to intercompany debt, managing liquidity is no longer just a corporate giant’s challenge. Yet many, according to several data even 80%, SMB finance teams still rely on Excel as their central treasury tool—leading to scattered loan data, manual reporting, and operational finance risk when a key person leaves.
Treasury management software (TMS) can solve these pain points, but the market is crowded and often geared toward large enterprises.
For SMBs, the right system must be cost-effective, simple to adopt, and flexible enough to cover loans, cash, and risk exposure without requiring a full IT overhaul.
Below we review some of the best treasury management software options — specifically from the SMB perspective.
Treasury Software for SMBs
💡 What SMBs Should Look for in Treasury Management Software
Before diving into the options, it’s worth defining what matters most for finance teams managing €10M–€500M in debt or liquidity. What are the main features to look in modern treasury tools:
- Centralized loan and cash visibility – A single source of truth for all debt and cash positions
- Automation – Streamlined reporting, interest accruals, and compliance tracking
- Ease of onboarding – No six-month IT project or heavy integration requirements
- Scalability – Capable of growing with the company’s financing structure
- Affordability – Transparent pricing that fits mid-market budgets
- No years of commitment duty
- Human Support always available
- Cloud connectivity
Best Treasury Management Systems for SMBs
TreasuryView is cloud based solution, built specifically for SMB and SME finance teams managing business loan portfolios.
Unlike enterprise platforms that focus heavily on FX trading or derivatives, TreasuryView zeroes in on loan and debt management – the area where smaller companies often struggle most.
Key strengths:
- Consolidates multiple bank loans, intercompany loans, and leasing data into one platform
- Automates interest calculations, amortization schedules, and reporting
- Team-friendly: reduces dependency on one “Excel wizard” in the finance team
- Cloud-based with secure access controls, ensuring continuity if staff leave
TreasuryView is particularly strong for CFOs who want to move away from Excel without the complexity and cost of a full enterprise TMS.
Compare Systems for SMBs
Agicap is a cash flow management tool designed for SMBs, especially in Europe.
It helps finance teams centralize bank data, forecast liquidity, and visualize short-term cash positions.
SMB fit: Excellent for smaller finance teams that need real-time cash forecasting with minimal setup.
However, it does not cover loan or debt portfolio management in depth, making it more complementary than comprehensive for treasury.
Compare Systems for SMBs
Trovata connects directly with banks through APIs to provide real-time cash visibility and automated forecasting.
In 2025, it expanded significantly by acquiring ATOM, giving it new treasury capabilities including debt, investments, and FX workflows.
SMB fit: A modern, cloud-native solution increasingly relevant for SMBs that want scalable technology. Strong for cash visibility and now expanding into full treasury, though still more suited to digitally mature finance teams.
Kyriba is a leading global treasury management solution, widely used by large corporations. It offers extensive coverage of cash, risk, payments, and forecasting.
SMB fit: Powerful, but often too complex and costly for most SMBs. It makes sense only for mid-market firms with international banking complexity or advanced risk exposures.
Compare Systems for SMBs
The SMB Treasury Tech Gap
Many SMB CFOs face a dilemma: Excel is too risky, but enterprise treasury systems are overkill.
This gap is exactly where solutions like TreasuryView and Agicap come in – purpose-built to give SMB finance teams structure, automation, and control over their data without drowning them in features they’ll never use.
If your business loan book is north of €10M, and reporting takes hours (or days) every month, the productivity gains from implementing the right TMS can be significant.
Final Takeaway
For SMBs in 2025, the best treasury management system isn’t the biggest or most feature-rich- it’s the one that strikes the right balance between control, simplicity, and cost.
- TreasuryView is the clear choice for SMBs focused on loan and debt portfolio management
- Agicap is an excellent option for cash visibility and forecasting
- Trovata is a strong emerging solution for SMBs leaning into modern, scalable tech
- Kyriba remains best for larger or more complex organizations
What is treasury management software and why do SMBs need it?
Treasury management software is a cloud-based tool that automates cash flow tracking, debt and risk management, and bank data consolidation—enabling small and mid-sized businesses to move beyond error-prone Excel spreadsheets toward centralized, real-time financial control.
It enhances cash visibility, automates reporting, and helps forecast liquidity with less manual effort.
What features should SMBs look for in treasury management software?
SMBs should look for treasury software with real-time cash dashboards, cash flow forecasting, automated debt tracking, FX and interest rate risk management, bank integration, and custom reporting. Easy setup, scalability, and a user-friendly interface are also essential.
How quickly can an SMB implement treasury management software?
Most modern treasury management software for SMBs can be implemented in under an hour.
Cloud-based platforms often offer self-service setup, instant access, and require no IT support or credit card for trial access.
Is treasury management software affordable for small businesses?
Yes, many treasury software solutions are designed specifically for SMBs with affordable pricing, flexible subscriptions, and modular features.
They eliminate the need for costly enterprise systems while still offering advanced financial tools.
What risks does treasury management software help reduce?
Treasury management software helps reduce risks such as cash shortfalls, FX volatility, interest rate exposure, and manual data entry errors. It provides automation, real-time alerts, and centralized data to help SMBs manage risk proactively.
Can treasury software integrate with other systems?
Yes, most treasury management tools integrate with ERP systems, banking platforms, and accounting software through APIs.
This ensures seamless data flow, faster reconciliation, and real-time financial insights across platforms.
See more FAQ about Treasury Management System or Contact us in any questions/concerns.
Full functionality free for 30 days. No Credit card needed. No software to install.
