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Kyriba Corporation Launches Next Generation Software Upgrade. Version 6.1 Introduces Dynamic New Use PDF
SAN DIEGO, CA and PARIS, France—October 11, 2006—Kyriba Corporation (www.kyriba.com), pioneering web-based cash and treasury management solutions since 2000, today announced the launch of its next-generation software release. Version 6.1 complements the company’s robust, scalable ASP solution while introducing notable new modules, features, and enhancements to simplify use and expedite common tasks.

The latest software version delivers functional improvements based on usability feedback from existing and prospective clients, industry experts, and internal assessments. Version 6.1 also takes into account industry trends and market demands with over 400 functional enhancements, updates, and features included. Modules have been added for multi-lateral netting and bank/general ledger reconciliation that support personalized netting cycles and currency rates, dispute resolution workflow, bank vs. general ledger entry reconciliation, and retroactive reporting, to name a few.

New Kyriba features include:

  • Document Library, filtered by user privilege
  • Cash Management Intranet to expedite interoffice or interdepartmental information sharing
  • Market Rate Loader to improve business outlook
  • Market Data Dashboard bringing key indicators, rate tables and charts onto one screen
  • Liquidity Dashboard offering a high-level summary of the company’s corporate cash position

“We’re very excited to launch this substantial product upgrade,” states Scott Montigelli, Vice President of Kyriba Corporation. “The latest improvements integrate months of user testing, analysis, research and development. Kyriba is committed to continually assessing and improving user productivity and efficiency. The depth of Kyriba’s development resources allows us to rapidly bring to market the innovative enhancements like those available in our latest release.”

Kyriba is already the chosen treasury software solution for well-known corporations throughout North America, Europe, the Middle East, and Asia-Pacific region. The company will introduce Version 6.1 to new and existing users via product demonstrations during the AFP Annual Conference in Las Vegas, October 15 - 18, at booth #1933. Formal product rollout is slated later this year.

About Kyriba

Founded in 2000, Kyriba Corporation empowers customers to achieve an economic advantage with treasury solutions that enhance visibility and operational control. Corporate clients include Interpublic Group of Companies, Swift & Company, Colas S.A., Kronos, and Peugeot. As a market leader in real-time, web-based on-demand Cash Management solutions, Kyriba’s affordable tools and services put customers in control of their liquidity, forecasting and treasury management while meeting Sarbanes-Oxley 404 audit trail workflow and control requirements. The company has North American headquarters in San Diego, CA and European headquarters in Paris, France. 

Media contact:
Scott Montigelli, Kyriba Corporation, 201-914-1809, smontigelli@kyriba.com

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