Kyriba Live! 2016 North American Client Awards

By Kyriba December 7, 2016

Every year, Kyriba proudly hosts a client conference, Kyriba Live!, which brings together the largest gathering of Kyriba users in North America. One of the highest rated events at this conference is our client awards, which recognizes and honors the hard work and achievements of our clients.

Kyriba’s award categories include Client Appreciation, Proactive Treasury Management and Continued Treasury Excellence.

Client Appreciation – Recognizing clients who have worked with Kyriba via joint speaking or webinars, beta testing, and promoting product best practices and product ideas.

Kyriba’s client appreciation award winners include:

  •          Delphi Automotive Systems, LLC
  •          EmblemHealth
  •          Health Care Service Corporation

More about Kyriba Live!

Proactive Treasury Management (PTM) – Acknowledging clients who have demonstrated real corporate value in optimizing cash, managing risk or managing capital.

Kyriba’s PTM award winners include:

Coach – Coach, Inc. is a leading New York design house of modern luxury accessories and lifestyle brands. The Treasury team at Coach successfully implemented Kyriba as their Treasury Management System in FY16.

Prior to the Kyriba implementation, Coach was using an older cash posting tool and Treasury processes required a high level of manual activity. With Kyriba, Coach has been able to automate its bank reporting and increase global cash visibility, improve daily cash positioning processes, and enhance the accuracy of its liquidity forecast.

Coach was able to consolidate and automate its payments and cash accounting processes in the U.S., via multiple integrations with Coach’s ERP system.

Digital Realty – Digital Realty’s treasury team excels at cash optimization and risk management. Digital Realty utilizes Kyriba for cash optimization via a notional pooling arrangement, and successfully managed international risk in the face of changes during the United Kingdom’s withdrawal from the European Union.

W.W. Grainger – With a dedicated treasury team, W.W. Grainger has quickly moved to cash management, cash forecasting, and bank fee analysis, utilizing treasury best practices.

In addition, Kyriba introduced a new client award category – Continued Treasury Excellence – to recognize clients who have demonstrated a commitment to utilizing treasury best practices in an ongoing fashion.

Kyriba was excited to recognize Anthem, a long term Kyriba client, and one of the nation’s leading health benefits companies with over $78 billion in annual revenue, serving more than 73 million people.

Anthem was honored with Kyriba’s Continued Treasury Excellence award as Anthem’s treasury team has strived to continually leverage Kyriba’s functionality to improve other internal processes – a huge win for Anthem. Working with the imported bank cash transaction records, the team utilized a unique ID number and accounts receivables system to greatly reduce manual interventions. When first implemented, the cash applications immediately saw a 16-hour reduction in work per day, as a result of having ACH and wire payments auto-populate with a unique ID and system code.

Thank you to all Kyriba client award winners – you continue to inspire us as well as your fellow Kyriba users!

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