Hartree Partners has been named Kyriba’s Payments Innovator of the Year at KyribaLive 25, revolutionizing its treasury and payments infrastructure to support rapid growth, complex trading activities, and global expansion.
With several hundred bank accounts and relationships with a large group of global banks, Hartree faced the challenge of managing high payment volumes and complex banking relationships across its global operations. As the business accelerated, fragmented processes and multiple banking platforms posed risks to efficiency and control. Recognizing the need for an integrated solution, Hartree embarked on a journey to centralize and automate their treasury operations through Kyriba.
“We needed a system where we could consolidate our banking operations and banking partners, and have good controls over the process within that system, and then process all of our transactions through that one module with the controls, with the connectivity, with all our banks globally. If we didn't have Kyriba, we would have multiple people releasing payments and reviewing payments. With Kyriba, it has helped us move away from that.”
- Sahil Pawa, Director, Treasury, Hartree Partners
End-to-end automation & control
Thanks to automation and integration, Hartree now runs a global treasury operation with remarkable efficiency—eliminating manual bottlenecks, reducing payment rejections and bank fees, and empowering a small team to deliver big results.
Today, 99% of Hartree’s payments are processed seamlessly through Kyriba, integrating data from multiple ERPs and trading systems via real-time APIs. Every payment—whether trading settlement, vendor invoice, or brokerage fee—flows through a robust, multi-level approval process tailored to each business unit. The treasury team maintains final oversight, ensuring ironclad control and compliance.
By implementing Kyriba’s fraud module, every transaction is automatically screened against global sanctions lists before approval, empowering compliance teams to intercept suspicious payments before they reach the bank. Customizable rules and alerts further protect Hartree from fraud and errors, allowing for proactive risk management at scale.
Real-time reconciliation & insight
Hartree’s automated, real-time reconciliation powered by Kyriba gives treasury and settlements teams unmatched visibility into payment status throughout the day, ensuring obligations are met and operations are not delayed. Intraday bank reporting and automated GL postings close the loop, driving efficiency and accuracy from initiation through settlement.
Congratulations to Hartree Partners for raising the bar on what’s possible in global treasury management!
