The complex nature of global bank connectivity is often cited as one of the most difficult, time-consuming and riskiest component of an ERP deployment or cloud migration – putting a heavy burden on IT.
"As a small team, we needed a secure, robust and scalable solution that integrated well with our systems ... We found that among other technology partners, Kyriba was best aligned to support our needs."- Johan Bergqvist, Spotify VP, Corporate Finance & Treasury
Why Digitised Connectivity is the Key to Optimising Cash Deployment
As Ruth Porat, CFO of Alphabet, has said, “There’s no question that liquidity is sacrosanct.” Companies that can identify and use cash with confidence can now leverage liquidity as an asset for strategic value creation. It’s a competitive advantage that has often been overlooked, or not available.
Treasurers in the energy industry need real-time insight into global cash and liquidity to make smarter decisions.
Many companies in the energy industry are challenged by a lack of visibility into debt, investments and liquidity, which hampers strategic decision making. In addition, they struggle with scaling AP payments, while also trying to minimise impacts from FX exposures. Kyriba helps companies manage the challenges associated with being a global company by providing:
Kyriba provides a seamless, timely view into liquidity, debt, investment, cash and FX exposures. This insight enables executives to make smarter, more informed decisions.
Kyriba's Payments Hub can manage both AP and AR payments, while maintaining robust format transformation for communication with banks and other institutions.
FX Risk Management
Kyriba provides tools for better FX exposure management, helps organisations protect impacts to earnings and supports all post-trade activities for mid- and back-office analysis and reporting requirements.
Kyriba is empowering my digital transformation at work particularly because we are now real-time. We were never able to do that before.”