Pimkie Taps Kyriba For Early Payment Of Invoices

May 23, 2017

Kyriba Corp., the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. Kyriba said Pimkie will be able to improve the customer/supplier relationship by offering suppliers the opportunity to obtain early payment of their invoices, benefiting from cash advances. Use of this solution will also allow Pimkie to move to a fully paperless supplier payment system, gradually abandoning the use of letters of credit, Kyriba said.

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