Kyriba Appoints Eric Riddle to Lead its Supply Chain Finance Solution
Cloud treasury management leader brings on former IQNavigator and Prime Revenue executive to propel global supply chain finance offering
SAN DIEGO, Calif.—November 19, 2015: Kyriba Corp. today announced that Eric Riddle has joined its executive leadership team as executive vice president of supply chain finance (SCF) solutions, and will be responsible for Kyriba’s supply chain finance operations globally.
Eric brings more than 25 years of experience in the supply chain and procure-to-pay application software space, representing tech start-ups to Fortune 500 companies. Eric most recently drove global business growth for IQNavigator and Prime Revenue. His leadership experience in the SaaS space with multi-billion dollar global companies provides him with a range of insights that will accelerate key relationship opportunities, and streamline progress for Kyriba.
“Kyriba has developed the leading treasury management solution, and has an innovative executive team and a first-class suite of investors,” said Eric Riddle, executive vice president, supply chain solutions at Kyriba. “The free cash flow enhancement opportunities through Kyriba’s full suite of SCF solutions – dynamic discounting, reverse factoring and receivables finance – represent a dramatic step forward in ‘Proactive Treasury Management’ for our clients and their supplier partners, as well as providing alternative revenue streams for lenders. Supply chain finance offers a huge growth opportunity for Kyriba and I look forward to propelling it to the forefront of the industry. ”
“Eric has demonstrated inspired leadership and a track record of high growth with his recent contributions at global organizations in the U.S. and EMEA, and he has a deep strategic understanding of the potential in the industry,” said Jean-Luc Robert, chairman and CEO at Kyriba. “His Supply Chain experience with PrimeRevenue, IQNavigator, Avotus Corporation, Metiom (formerly Intelysis), will be instrumental in driving revenue results for the short and long-term growth strategy at Kyriba.”
Kyriba Corp. is the global leader in cloud Proactive Treasury Management. CFOs, treasurers and finance leaders rely on Kyriba to optimize their cash, manage their risk, and work their capital. Our award-winning, secure, and scalable SaaS treasury, bank connectivity, risk management and supply chain finance solutions enable some of the world’s largest and most respected organizations to drive corporate growth, obtain critical financial insights, minimize fraud, and ensure compliance. To learn how to be more proactive in your treasury management and drive business value, contact [email protected] or visit kyriba.com.