Organizations considering using Kyriba’s leading cloud treasury and financial management platform expect to gain an average of 464 hours per month in global productivity while achieving $3.9 million in total savings over a five-year period, according to a review of business case data conducted with 49 U.S. companies.
When world-class treasury teams are recognized for their achievements, innovation in streamlining treasury processes and use of modern technology are common themes. This was especially true for Spotify’s treasury team, which won the 2016 EuroFinance Award for Treasury Excellence for its strategic and technology-focused approach to their treasury operations.
Real-time payments are getting closer to reality. While there are more questions than answers at this point, we have seen this discussion evolve over the past year as innovations such as SWIFT’s GPI, Faster Payments in the U.K. and same-day ACH in the U.S. have all sought to reduce settlement and clearing times to within a day.