Larger organizations, whether domestically or internationally focused, have several challenges and duties to overcome, many of which can seem insurmountable due to the sheer size and scope of the business and daily tasks at hand.

The demands to return value to the organization combined with the needs to adapt to the ever-changing commercial, financial, and regulatory environments may result in superfluous resources and staff committed to value-reducing tasks (i.e. manual and/or redundant processes). Without an effective “toolset”, considerable inefficiencies having a negative impact on the organization in part or as whole often result; these “pessimistic” influences will be magnified the longer the operations run in an unhealthy state.

Moreover, the aforementioned factors don’t take into account the “opportunity cost” of not incorporating more strategic and analytical tasks and what can be gained by streamlining process flows, eliminating disparate systems, controlling daily duties across the enterprise and supplying the “right” information to the “right” people at the “right” time…

“A Day in the Life”

Kyriba provides transparency of daily Cash and Treasury Management processes across the operation while enabling visibility, retention, and distribution of relevant and valuable information enterprise-wide.

Automation of manual tasks, straight-through processing, full data integration, and several other value-added initiatives are seamlessly incorporated into daily Treasury routines upon deployment of the Kyriba solution suite. From the CFO to the Treasurer, Cash Manager, and Analyst, the benefits realized across the enterprise are expansive and significantly impactful:

• Consolidate enterprise-wide financial information
• Manage workflow locally / regionally / globally
• Standardize processes across Treasury operations
• Enable Sarbanes-Oxley compliance: Document management, exception reports / notifications, audit trails, confirmations, dual administration…
• Utilize real-time data: immediate indication / impact to positions, forecasts, budgets, etc.
• Global capacity: multi-currency / multi-lingual / multi-format
• Monitor risk / exposures
• Automate bank connectivity for report capture and EFT

These value-added benefits and countless others are supported by Kyriba’s broad and feature-rich functional suite that is unmatched in the marketplace today:

• Multi-Bank Communications
• Cash Flow Forecasting
• Bank Fee Analysis
• Payments: Wire, ACH, Direct Debit, Drafts, etc.
• Multi-lateral Netting: Intracompany + Third Party
• Debt / Investment
• General Ledger Reconciliation
• Data Exchange / Integration
• Cash Positioning
• Cash Pooling
• General Ledger Posting
• In-House Banking / Intercompany Loans
• Bank Account Administration
• Foreign Exchange
• User-Defined Reporting (email & published)
• Trade Execution STP

The result is a fully integrated, highly productive and effective Treasury operation with resources “freed” to be more analytical and strategically focused:

• Introduce / enhance Cash Flow Forecasting methodologies
• Effectively manage Debt & Investment portfolios: reduce funding costs / increase investment income
• Access consolidated data readily and accurately for better Liquidity decisions
• Generate and distribute user-defined reports timely and to the right audience

Discover the Power of Treasury Software as a Service

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