Kyriba’s Investments module supports the tracking and management of Investment transactions. Users can manage portfolios of short-term and long-term investments, including money market fund, discount, interest-bearing, fixed, floating rate, and amortizing contracts. Money Market Funds can be imported from single or multi-fund portals to eliminate re-keying. Using Kyriba’s Market Data Service, all rates and resets (including MM Fund daily factors) are automatically available within the system without the need for an external rate provider or desktop. The appropriate GL entries are generated and posted to the ledger, along with update of the Cash Forecast and the Payments modules. Full reporting is supported with flexible customization.
Kyriba’s Debt module supports short-term and long-term borrowings, including discount, interest-bearing, fixed, floating rate, amortizing, and lease contracts. Credit facilities and related bank fees are calculated and reported on as well. The appropriate GL entries can be generated, along with the update of the Cash Forecast and Payments modules. Full reporting is supported with flexible customization.
Kyriba’s Intercompany Loans module supports financial instrument contracts from parent to subsidiary or between entities. Kyriba tracks both sides of the transactions including cash flows, settlements, and resulting accounting entries to ensure all aspects of the obligation are tracked for both the respective entities. The appropriate GL entries can be generated, along with the update of the Cash Forecast and Payments modules. Full reporting is supported with flexible customization.
Each Financial Transaction module in Kyriba features its own Accounting module so that the appropriate journal entries for each accounting scenario (accruals, hedging, amortization, etc.) can be generated, approved, and posted automatically to the general ledger via an automated interface.
Kyriba provides a centralized tool to build and analyze global cash forecasts by day, week, month, or year. Leveraging multiple sources of data – including repetitive items, import of ERP data, integration with other modules, and extrapolation of historical data – Kyriba customers can extend the accuracy and horizon of their cash forecasting.