“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 …

"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 …

“The Kyriba personnel that we have been in contact with have been experts in their field. Not only do they know the product very well, but I have found that their Treasury expertise has been excellent and very helpful when implementing the system. They have been able to advise on …

"We need to secure our payments abroad so as to avoid the risk of defaulting. Everything that has happened in Angola necessitates greater visibility and less margin for error."

"Chalhoub Group Treasury has established an active in-house bank function to automate the organization’s key cash and FX management functions - which is quite a change from the highly decentralized situation of just two years ago."

"On top of the major time and productivity benefits, Kyriba gave us huge peace of mind. Knowing that our forecast was accurate enabled us to be much more strategic in the way we used cash. The increased visibility also enabled us to comply with accounting regulations with a greater degree …

“To improve the purchasing power and the quality of life of the greatest number of customers, with responsible, professional, committed and respected employees.”

"Kyriba has provided the core capabilities that matched our basic requirements. Kyriba knows how to tackle complexity and has expanded its capabilities as our needs have evolved. We anticipate significant return on investment from this project and improved communication with our many affiliates which ultimately will also contribute positively to …

“Previously, our first ten business days were dedicated to month-end closing. Now, our cash manager can complete this work in one business day.”

“We reduced cash balances by 25% with the clear visibility to all of our balances and the ease in which we can concentrate funds and send them to our investment account.”

“We reduced the amount of history stored for online bank reporting from 12 months to 60 days."

“Cash forecasting is very easy to use. We have been able to simplify our processes and save a lot of time which has led us to be able to spend more time on strategic analysis.”

“Kyriba's commitment to security is so important to us because it gives us a sense of peace knowing they are doing their best to protect our information.”

“Kyriba is a very sophisticated FinTech. We like the ease of use of the system. We like the fact that it can support people in multiple languages, we like the fact it provides international support so Kyriba is a partner and we hope that relationship grows.”

“With FiREapps [, a Kyriba Company], we implemented a tool that helped us achieve visibility into our global currency risk and FX position with the touch of a button.”