# SAP Treasury and Risk Management alternatives: what AI models name instead, September 2026

Finance AI Recommendation Index, September 2026 Edition. 185 of the 216 answers in the 1 category where SAP Treasury and Risk Management holds a standing named it neither first nor as an alternative; these are the first choices those answers made. Page: https://finance-ai-index.com/vendors/sap-treasury-and-risk-management/alternatives/

## Named instead, most often (every category and segment added)

- Kyriba: 24
- Agicap: 19
- Trovata: 14
- GTreasury: 10
- Centime: 7
- Mercury: 7

## Treasury management systems

**Small business**: 72 of 72 answers did not name SAP Treasury and Risk Management.

- Agicap: first choice in 14 of those 72
- Trovata: first choice in 6 of those 72
- Mercury: first choice in 5 of those 72
- Centime: first choice in 4 of those 72
- TreasuryView: first choice in 4 of those 72
- Trezy: first choice in 4 of those 72
- FreightPOP: first choice in 3 of those 72
- Fygr: first choice in 3 of those 72

**Mid-market**: 62 of 72 answers did not name SAP Treasury and Risk Management (SAP Treasury and Risk Management is #10 of 10 at 0%).

- Trovata: first choice in 8 of those 62
- Kyriba: first choice in 6 of those 62
- Agicap: first choice in 5 of those 62
- GTreasury: first choice in 5 of those 62
- 3Gtms: first choice in 4 of those 62
- Centime: first choice in 3 of those 62
- TreasuryView: first choice in 3 of those 62
- Mercury: first choice in 2 of those 62

**Enterprise**: 51 of 72 answers did not name SAP Treasury and Risk Management (SAP Treasury and Risk Management is #5 of 9 at 0%).

- Kyriba: first choice in 18 of those 51
- Oracle Transportation Management: first choice in 6 of those 51
- GTreasury: first choice in 5 of those 51
- Smartling: first choice in 3 of those 51
- HighRadius: first choice in 2 of those 51
- ION Treasury: first choice in 2 of those 51
- Workday: first choice in 2 of those 51
- BlackLine: first choice in 1 of those 51

Published under CC BY 4.0. The output is the models' output; nothing here is a recommendation by the index.