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
From webinars and case studies to eBooks and fact sheets, Kyriba offers an array of resources to keep you up-to-date with industry best practices and give you better insight into the latest treasury and finance offerings.
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 financial services industry need real-time insight into global cash and liquidity to make smarter decisions.
Many financial services organisations are challenged by insufficient global cash visibility, decentralised payment processes and excessive bank fees thanks to the diverse number of banking relationships across their investment portfolios. Kyriba empowers these firms to gain unprecedented insight and control over their global cash and liquidity, including:
100% Cash Visibility
Kyriba delivers timely and accurate insight into global cash across funds, helping improve investment returns, reduce borrowing and optimise cash deployments.
Kyriba centralises payment controls, aligning payment policies with a digitised multi-channel payment workflow to ensure security and efficiency.
Reducing Banking Costs
Kyriba perfects visibility and control of bank accounts to identify opportunities for bank account rationalisation. Bank fee analysis capabilities help support cost reduction.
Kyriba is empowering my digital transformation at work particularly because we are now real-time. We were never able to do that before.”
Source: Data compiled from surveying more than 200 companies as part of Kyriba's value engineering process.
Streamlining Treasury and Banking Processes
Before getting Kyriba, a medium enterprise financial services firm struggled with inefficient manual processes related to cash forecasting. They also lacked the real-time data they need for executive decision support. With Kyriba, the company has been able to boost staff productivity by 50-75 percent, while increasing time spent on strategic initiatives by 25-49 percent.