Kyriba Launches Supply Chain Finance Solution: Scalable, Multi-Bank Portal Connects Buyers, Sellers, Financial Partners

Press Release

San Diego – CA, 22nd FebruaryKyriba, the global leader in Software-as-a-Service (SaaS) treasury management solutions, today announced the launch of its Supply Chain Finance technology platform. Fully integrated with Kyriba’s Treasury Management System, the Supply Chain Finance solution is a scalable, multi-bank portal that connects buyers, suppliers and financial partners on a single platform to facilitate the early payment of invoices to suppliers.  

Supply Chain Finance solution highlights:

  • Multi-bank platform
  • ERP integration
  • Real-time visibility for all invoices and payments
  • Straight through processing
  • Improved working capital for both Buyers and Suppliers
  • Scalability for organizations looking to expand their Supply Chain Finance programs

 

“It’s no secret that the financial health of an organization’s supply chain is a strategic concern for CFOs and Treasurers. While many organizations have established Supply Chain Finance programs, many do not have access to the appropriate technology to optimize the deployment of these programs,” explained Edi Poloniato, SVP Strategy and Corporate Development at Kyriba. “CFOs and Treasurers realize that investing in the right technology and partnering with multiple banks is critical to the success of their Supply Chain Finance Programs.”

Mr. Poloniato continued, “By adding Supply Chain Finance to our treasury solution, Kyriba provides a platform that enables CFOs and Treasurers to have the visibility and productivity they require to efficiently manage their Supply Chain Finance programs on a global basis.”