Kyriba wins Financial-i’s “Leaders in Innovation Award” for ASP Treasury Management Solution

Press Release

San Diego, CA – December 17th, 2010 - Kyriba, the leader of Software-as-a-Service (SaaS) cash and treasury management solutions, is proud to announce that Financial-i Magazine has awarded Kyriba its “Leaders in Innovation Award” for ASP Treasury Management Solution. This is Kyriba’s third Financial-i award in the past four years.

Financial-i’s Leaders in Innovation Awards identify providers that in the last twelve months have excelled in terms of innovation in business solutions. Winners were selected based on Financial-i’s proprietary research and feedback from their advisory panel. The advisory panel considered many factors, including innovations over the last twelve months, depth and breadth of functionality, differentiation from its peers, ease of implementation and interfacing, and the extent to which the solutions are likely to help companies solve or address common business issues such as increasing automation, combating money laundering, more accurate cash flow forecasting, enhanced liquidity management, etc.

“We are very proud to have a prestigious third-party panel such as this commend the Kyriba SaaS solution," stated Jean-Luc Robert, CEO of Kyriba. “It’s an endorsement of our company-wide focus on providing excellent functionality and ensuring that our customers achieve great value from it.”