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San Diego, CA – February 26th, 2008 -
Kyriba Corporation, the leader of
web-based cash and treasury management solutions, is pleased to announce that
Financial-i magazine recently awarded Kyriba its prize for “Most Innovative Cash
Forecasting Solution of 2007”. Financial-i has classified leading innovative companies
and those deemed "ones to watch" in more than 50 categories. This analysis has
focused on all international companies in the fields of Securities services,
Treasury and FX Management, Network Services, Risk Management and Data
Management.
The panel, made up of industrial analysts, journalists,
auditors and thought leaders, rated the market's international companies on
their ability to innovate, in terms of corporate strategy or in terms of
solution development.
Kyriba is in touch with the market and is doing
everything possible to integrate companies' needs and expectations by offering
an innovative and economical solution. Technological limitations and price
barriers have previously restricted access to the best tools and practices for
many companies.
“Over 130 companies in the United States and Europe
trust Kyriba for their cash and liquidity management. The wealth of
functionalities offered and simple implementation are the keys to our success
(which attracted 56 new referrals in 2007)," points out Jean-Luc Robert, CEO of
Kyriba.
In a market where liquidity is increasingly rare, many
companies have to optimize their liquidity management in order to breathe new
life into their business activities. “Receiving the ‘Most Innovative Cash
Forecasting Solution’ award during the current credit crisis attests to the
significance of what we have to offer the market, and Kyriba could not have
asked for more,” concludes Leslie Regino, Director of Marketing for Kyriba.
About Kyriba Corporation
Kyriba is a leading provider of
Treasury solutions delivered under the Software as a Service (SaaS)
model. Customers use the automated online system to better control
their daily cash management tasks including bank balances, transaction
reporting, payments, cash positioning / forecasting, automated general ledger
posting and investment portfolio reporting. The system automatically collects
bank statements and facilitates automated cash, bank, and ledger reconciliations
through Kyriba’s daily bank connectivity monitoring service. The
solution also meets stringent Sarbanes-Oxley 404 audit trail, workflow, and
control requirements and provides seamless integration with third-party
applications. Founded in 2000 and based in San Diego, New York,
Paris and Rio de Janeiro, Kyriba serves a global client base of more than 130
corporate treasuries, insurance companies and financial institutions.
Media contact:
Leslie Regino, Kyriba
Corporation, 646-378-2131, lregino@kyriba.com
For more information, visit
www.kyriba.com |
