Kyriba Blog

Bank scorecards have largely fallen by the wayside in recent years. Part of the reason why they are largely forgotten is because of the level of effort involved in manual data collection across multiple banks, as well as continued updating and maintenance. The process can take up to a week’s worth of time to update...

Benchmarking can be a critical tool in helping treasury secure a budget, providing the CFO and other key stakeholders with a clearer understanding of current state vs. future state gaps and potential return on investment (ROI) in filling those gaps. This enables stakeholders to make more informed decisions about whether to fund the project. In...

What seems to be an endless news cycle of uncertain economic headwinds has resulted in continuous corporate strategy refinement and the need for real-time insights into working capital impact. This economic pressure has resulted in a laser-eyed focus on strategic working capital management for CFOs. In this blog, part of our Value Engineering Series, we’ll...

CFOs’ worst fears for cash and financing tied directly to Silicon Valley Bank appear to have been alleviated by the U.S. Government’s takeover of the bank. But anyone thinking the crisis is over missed the lesson completely. The learning opportunities for corporate boards and treasury management are abundant and all are pointing to a strong...

Corporations are changing the way they process payments. Technology, regulation, globalization of trade – all are factors driving the need for payments centralization. CFOs and treasurers worldwide recognize that fragmented and decentralized payment processes do not offer the efficiency, visibility or security expected to safeguard cash movements and a modern cloud-based payments hub is the...

You have completed the necessary legwork and are prepared to propose a treasury management system (TMS) to your CFO. But are you ready to explain the value a TMS will provide your CFO? In this blog, which is part of our Value Engineering series, we will explore why treasury should focus on risk management when...

When evaluating the implementation of a treasury management system (TMS), there will always be the inevitable question of why? Each company has processes in place that have worked up until now, so why should we fix today what isn’t broken? Although current processes have worked in the past, there are many risks associated with maintaining...

Can what’s past be a prologue for cash forecasting? When using statistical modeling and machine learning, yes. CFOs and treasurers have more historical data at their disposal than ever before. If used correctly, forecasts can become more accurate and actionable. Improving Cash Forecasting Accuracy In the past, businesses would use simple historical models to predict...

Late payments from customers can negatively impact both a company’s cash position, as well as its working capital. If such behavior persists, then the business and its financial health could be in danger. Receivables finance is a useful strategy to mitigate this risk. What Is Receivables Finance? Receivables Finance is a technique that provides organizations...

This year will mark the emergence of FedNow, the second real-time payment network and the public sector alternative to The Clearing House’s (TCH’s) RTP® network. The Fed and TCH have historically operated public and private sector payment neworks for both low-value batch payments (i.e., FedACH and ACH) and large value payments (i.e., FedWire and CHIPS)...

In my experience as a treasury practitioner and consultant, I have repeatedly observed the difficulty of getting budget approval for purchasing a treasury management system (TMS). Treasury typically needs to demonstrate to the CFO how adopting a TMS will benefit the entire organization, but competing with other project requests can be quite the shark tank....

How do you truly identify the total value of implementing a treasury management system (TMS)? While some aspects of a treasury transformation project may seem black and white, other value components are difficult to quantify, and many are often overlooked completely. When evaluating the ROI of a treasury initiative, it is important to ensure that...

Growing internationally should be a challenging yet exciting chapter in every mid-market companies’ story. International business activity results in a wide range of foreign currency (FX) denominated transactional situations, all of which have costs and considerations. In order to keep the headaches, (due to inefficient processes and negative economic impacts) to a minimum, mid-market companies...

Zwar gibt es im neuen Jahr einiges, auf das wir uns freuen können, doch es werden auch kritische Probleme auftreten, die Cash- und Liquiditätsmanagement zu einer massiven Herausforderung für CFOs machen werden. Durch das Ende der Ära des „billigen Geldes“, eine inflationäre Wirtschaftsumgebung, eine drohende Rezession, ein Wiederaufleben von COVID-19, Devisenvolatilität und viele weitere Faktoren...

Laut Immanuel Kant lässt sich die Intelligenz einer Person an dem Ausmaß der Unsicherheiten messen, die diese Person ertragen kann. Ich glaube, diese Definition von Intelligenz lässt sich auch auf Organisationen und insbesondere auf Unternehmen anwenden. Für Finanzabteilungen ist „Liquiditätsintelligenz“ absolut entscheidend und während dieser Phase strategischer und betrieblicher Unsicherheit ist Liquidität ein wichtiger Katalysator...

Treasurer und CFO sind heute enger mit den strategischen Finanzzielen des CEO verbunden und stellen sicher, dass Finanzteams sachkundige Beratung für Risiken und Chancen erhalten. In diesem Jahr transformiert eine revolutionäre, innovative Technologie den Wert kurz- und langfristiger Cashflow-Prognosen – dank gesteigerter Sicherheit und Analytik – und stattet Finanzabteilungen mit einem strategischen Toolset für Liquiditätsplanung...

Im Bereich Treasury und Finanzen haben es Frauen nach wie vor schwer, die Karriereleiter zu erklimmen. Mehrere Faktoren, darunter der von Männern dominierte Finanzbereich, Lohnunterschiede und geschlechtsspezifische Vorurteile, beeinträchtigen das Vertrauen, das Frauen in ihre Fähigkeiten haben. Glücklicherweise gibt es viele Maßnahmen, die Menschen und Unternehmen ergreifen können, um Frauen dabei zu unterstützen, sich in...

Für Treasury-Teams war 2022 ein Jahr voller Extreme. Angesichts schneller Devisenfluktuationen, Preisinflation, steigender Zinsen, neuer Herausforderungen bei der Cash-Prognose, Angst vor einer globalen Rezession und vieler weiterer Faktoren beginnt das Jahr 2023 für Treasurer mit einiger Unsicherheit. Durch Gespräche mit Kyriba-Kunden und die Untersuchung der letztjährigen Entwicklungen haben wir eine Liste mit fünf Verfahren zusammengestellt,...

Tackling complexity, volatility, and the data avalanche with predictive enterprise liquidity management (ELM) – The pandemic, geopolitical tensions, and unhinged financial markets have accelerated and intensified volatility around the world. Download the Infographic Read the IDC White Paper

Shifts in Corporate Focus The Kyriba Working Capital team has seen a dramatic increase within the last eighteen months in the number of organizations exploring working capital solutions, or looking to expand on their existing programs and related solutions. When we evaluate payables optimization the main draw for supply chain finance (SCF) programs since the...

Difficile de comparer et faire des parallèles entre la course de voiliers, et des domaines financiers spécialisés comme la Supply Chain Finance et le Dynamic Discounting. Mais il existe pourtant des similitudes troublantes entre ce sport et la finance, lorsque les deux cherchent à déployer budget et technologie de pointe afin de gagner les quelques points qui feront...

The problems associated with spreadsheets are well documented, yet many treasury professionals continue to overlook these shortcomings when it comes to running their overall treasury operations.

An example for others in the industry, learn how Amway and Trek Bicycles overhauled their treasury programs to centralize payments, mitigate fraud and enhance their overall programs.