Kyriba to Get $160M in Majority Stake Sale to Private Equity Firm

“We’re addressing a problem that has been around for a while, but maybe wasn’t given the full, 100 percent attention of companies and CFOs, because the treasury function has historically been seen, perhaps, as a little less strategic, a little more operational,” said Kevin Bryla, Kyriba’s San Diego-based chief marketing officer. “When you can connect all these different elements to give a real-time view of cash and real currency…they get very excited about the way they can transform their finance and treasury function. All these decisions that were made off of spreadsheets, and maybe [using] delayed or old information, can be reconsidered in a very different way with real-time access.”