Kyriba Review

Overview

Kyriba delivers top notch cloud treasury solutions and cash management technology to financial professionals, treasurers, and CFOs. The company’s products are utilized by over 1,800 treasury customers to enhance financial controls, optimize global visibility, and improve operational productivity in their risk management, supply chain finance, payments, and liquidity and cash operations.

Kyriba’s software solutions empower finance teams, corporate treasurers, and CFOs to make smart investment decisions. The tools are fully virtualized and offer the benefits of SaaS (Software-as-a-Service) deployment. Plus, they are scalable and modular, and a more cost-effective option compared to conventional legacy systems. Finally, Kyriba has been audited to meet the SOC 2 Type 2 standard which means its clients can easily comply with external regulations and internal information security policies.

Benefits

Top Ranked for Treasury Management

Kyriba is a global leader in cloud-enabled and SaaS risk management and treasury applications. These tools provide treasurers and CFOs the reporting and visibility they need to deliver compliance, control bank accounts, optimize liquidity and cash, and effectively manage in-house financial and banking transactions.

Full Cash Visibility

Kyriba makes use of reliable bank connectivity to enable its clients to obtain their cash positions from leading global banks at the beginning of the day (organized by transaction status, cash flow category, currency, entity, and bank).

Make Accurate Cash Forecasts

Kyriba provides timely global cash visibility which empowers treasury teams to make accurate forecasts. The software boasts sophisticated cash forecasting capabilities with options for import, entry, modeling, and determining the effectiveness of cash forecasts.

Control Your Global Bank Accounts

Managing numerous global bank accounts can be difficult and involves potential security and compliance risks. With Kyriba’s bank relationship management module, you can exercise greater control over all your worldwide bank accounts, including FBAR reporting, signatory tracking, audit trails, and segregation of duties. Plus, the vendor’s bank fee analysis feature helps you to lower bank fee structures.

Effortlessly Handle In-House Banking

Kyriba offers in-house banking management features to enable you to report and track intercompany transactions between your parent company and subsidiaries. The module presents functionalities such as reporting to subsidiaries, in-house bank balances, in-house bank transactions, interest calculations, and more.

Efficiently Manage Financial Transactions

An organization is exposed to risk and fraud if there is no transparency on about its borrowing and investing processes. Kyriba empowers clients to track and manage a wide range of financial transactions, including foreign exchange and investments, interest rate derivatives, and debt – all integrated seamlessly with accounting and other treasury tasks via a centralized cloud solution.

Product Features

Pricing

Pricing details for Kyriba’s software solutions are provided on request. Contact the company for more details.