Cloud and SaaS
Corporations use many different types of system to process their payments, from banking portals and ERPs to AP systems and home-grown solutions. With so many systems in the mix, how can CFOs and CIOs have total confidence in the accuracy of their payments processes?
CFOs who invest in cloud-based treasury management systems can expect to see a 55 percent reduction in idle cash in just one year, while reaping an average of $1.5M in interest benefits over a five-year period, according to updated results from Kyriba’s ongoing business case analyses with dozens of companies in the U.S. and Europe.
In the latest analysis of 57 companies, financial leaders also expect Kyriba to help them improve the performance associated with their foreign exchange hedging programs by 11 percent.