122 Kyriba Testimonials

"Not only do we see positive, measurable benefits from the Kyriba solution, but we think it also highlights our objective for our treasury group to be pro-active, best-in-class – always stretching to deliver high quality services to our customers: the member hospitals and affiliates of Partners HealthCare."

"Financial controls are incredibly important in locking down the treasury function against fraudulent activity. Kyriba makes us much more secure and efficient, so we can meet our obligations and help drive global growth."

"I used my iPhone to make payments with Kyriba! This summer, I approved a payment while I was on the beach!"

"Kyriba is integral to enabling us to become an entrepreneurial, automated treasury. We can confidently attribute a 2016 non-productive cost saving for our clients of over USD$1.7m."

"The idea of having access to a mission-critical platform from any location, without any hardware investment and without the headache of upgrades, was key in our decision to choose a cloud-based solution."

"By improving efficiency and automation, we have made substantial time and resource savings. Our cash pools and in-house bank have enabled us to reduce bank charges, lower borrowing costs and achieve some tax efficiencies."

“The in-house bank and Kyriba treasury system was a critical part of an overall global treasury transformation project involving many organizations within the company. Our goal was to build a world-class treasury operation to better support the business and provide needed liquidity for growth. In order to accomplish our goal, we needed to completely re-design how and what we were doing.”

“Don’t forget the legal side of things. This can be extremely complicated and it’s very important to get it right, so make sure you allocate sufficient time and resources to that. Marketing the benefits of reverse factoring to suppliers is also key – if you make the business case clear to suppliers, this will help to speed up the onboarding process. However, I must re-emphasise the importance of not forcing suppliers to join the programme. A fair approach is always best.”

"The feedback from suppliers that joined the program has been unanimously positive. We have met their expectations in terms of visibility, simplicity, transparency, independence and attractiveness."

“The best benefit is that we’ve been really able to see what services we’ve signed for and at what cost, and then figuring out whether we’re really using those services.”

"Gathering and assimilating data was the biggest challenge–and that is where we are seeing the greatest benefits."

"Our goal was to create a solution oriented and agile treasury to support short and long term business expansion. As a small team, we needed a secure, robust and scalable solution that integrated well with our systems, and although innovation comes from both internal drive and external collaboration, we found that among other technology partners, Kyriba was best aligned to support our needs."

“Up until now, cash pooling management involved transferring numbers from bank terminals or manually using spreadsheets sent from each company, but this is now unnecessary. Kyriba’s staff was incredibly helpful in providing explanations and support to us. We have been able to introduce Kyriba Enterprise according to the schedule, and we believe that future phases will be realized quickly as well.”

"We have been able to introduce Kyriba Enterprise according to the schedule, and we believe that future phases will be realized quickly as well."

"We signed in July 2014, and worked with our main banking partner from the end of September. The MT940 was already operating, and we were in production on December 1, 2014! In less than two and a half months, we were making our payments from Geneva."