Finance & Treasury

UNDP delivers timely, and standardized finance and treasury services to UNDP and UN partner entities. A dedicated team of finance professionals based in Kuala Lumpur and three regional service centres, efficiently manage cash inflows, supplier transactions, deposits and payment services across more than 170 countries and territories.

What we offer:

Finance & Supplier Services 

UN partners can make payments in 170 countries using UNDP’s Country Office presence and local bank network. Our modern treasury solution, host-to-host payment option, deposit management and supplier management capabilities deliver fast, secure and accurate transactions. 

Finance service modalities 
  1. Agencies can use the UNDP Service Clearing Account (SCA) mechanism for ordering and recording services without needing system integration.
  2. Non-Quantum agencies can use the H2H solution to send EFT payments from their ERP to approximately 80 countries through UNDP’s local bank network. Where H2H is not feasible, other authorized payment methods can be used.
  3. Become a Quantum Consortium partner: our ERP platform – Quantum, can enable your agency to more efficiently manage your finance, budget, HR, and procurement processes.
  4. The Self-Service Supplier Management Portal allows suppliers to update key details and track transactions, significantly reducing CO workload, manual data entry, and errors. Over 151,000 Active Spend-Authorized Suppliers have access to the Portal. 

All finance services are fully cost-recovered, with SLAs and feedback mechanisms ensuring ongoing quality and improvement. 

Our track-record (2024): 
  • $5.28B payments made annually in 122 currencies
  • 1.248M payment transactions processed for Quantum entities
  • 103K+ supplier management transactions processed with same-day processing for most requests 

Read more about our finance services by visiting UNDP’s Global Shared Services Centre’s website: Finance services | Global Shared Services Centre (GSSC) 

Treasury Services

UNDP’s Treasury team provides treasury services for Quantum Consortium partner agencies. The integrated Treasury platform introduced with Quantum provides more payment options, including digital currency and mobile payments in future. 

Treasury services also encompass liquidity management, investment and foreign exchange management, oversight of banking relationships, global contract management, banking and currency risk management, as well as payment, compliance and sanction oversight. 

Our track-record (2024): 
  • $12B in assets under management, $8B in investment transactions, $3B in foreign exchange transactions per year
  • 13K+ deposits, 210K+ payments and 240K+ items reconciled (with the UNDP Global Shared Services Centre)
  • 46 bank accounts for UN entities provided