Global Finance Names Kyriba Best Treasury Management Software

Kyriba has been ranked as the leading cloud-based finance “Treasury Management Software” and “Best Open Banking Treasury Solution” by Global Finance Magazine.

Innovation Across Treasury and Finance

Kyriba delivers continuous innovation and value across our products, enabling connectivity, payments, treasury management, risk management, and working capital capabilities. “We are honored that Global Finance has recognized the innovation of Kyriba’s Treasury Management Solution and Open Banking inspired Open API platform,” said Jean-Luc Robert, Chairman and CEO of Kyriba. “Kyriba’s innovation enables CFOs, CIOs and treasurers to rapidly address their most compelling liquidity challenges and build on award winning solutions from Kyriba.”

Through Treasury Management, CFOs, treasurers, and their greater organizations realize value and transform how they make decisions through cash visibility, liquidity forecasting and financial transaction management. Whether it is the realization of global bank reporting for effective cash visibility or the use of our AI-based, predictive analytics for mid to long-term views of liquidity, treasury capabilities compose a starting point and core capability for our customers. Managing investments, debt, foreign exchange transactions or interest rate instruments puts financing decisions as part of your overall Enterprise Liquidity Management profile creating a comprehensive view of investment opportunities or financing needs.

Kyriba’s recognition by Global Finance Magazine and others come from our leading, quality features and capabilities across all of these components of financial transformation. Kyriba’s knowledge, experience, and stability coming from a long-standing track record of excellence, coupled with the investments in innovation, technology translates into value realization for our customers across both operational and strategic areas of finance and treasury.

Real-Time Treasury, Liquidity and Connectivity

More than just bank connectors, APIs unlock real-time cash management, banking, ERP and third-party system integration and automation across a wide array of finance and treasury functions. ERP integration for Cash, the Payments Hub, FX Exposure management and Working Capital keeps your ERP in lockstep with Kyriba and enhances your control over financial flows of information to and from your business partners or banking partners.

Supported by real-time bank connectors through Kyriba’s Open API platform, our customers’ treasury teams initiate instant payments domestically and globally, support digital currencies, and have the benefit of our newly launched Fraud Prevention for real-time payment fraud mitigation and compliance checks. Kyriba’s innovation in our products is further evidenced by the additional award for our Open Banking API Platform.

Felix Grevy, Head of Connectivity and Open API states, “Kyriba’s Open API platform will enable faster innovation and development of new connectors to deliver scalable, composable, and best-of-breed solutions. Our Open API platform is seeing early success and fast growth as the best-in-class platform gives developers access to Kyriba’s robust network of payments worth 15 trillion USD annually.”

The support for this new generation of capabilities, includes the largest global banking network, multi-ERP connectivity, omni-channel payments, and real-time connections platform using machine learning, artificial intelligence, and advanced solutions. Kyriba reduces, or entirely eliminates the iterative nature of connectivity projects with banks included the processing of bank statements and payments files in months-long back and forth between your project team, IT, and the bank’s technical team. Now, Kyriba’s pre-tested and pre-formatted connections used in tandem with the pre-delivered connections via API, results in timelines of weeks versus months.

Supported by real-time bank connectors and an open API platform, treasury teams with Kyriba can initiate instant payments domestically and globally, support digital currencies, and access new developer apps for real-time payment compliance.

Kyriba’s Customer Community Commitment

Our accomplishments to provide the most valued and leading-edge products translates into our greater than 98% customer retention rates and is the reason for the expanded and ever-increasing rate of adoption by companies of all sizes. Our success stems from our customers’ success and evidenced by the multitude of success stories and annual awards. Finally, Kyriba is committed to our customers success and is well supported by awards and recognition for having the highest ratings from customers in IDC’s Global 2021 SaaS Treasury Management Survey.