McCormick & Company has been named our Working Capital Program of the Year award winner at KyribaLive 25, honoring their exemplary advancement in transforming working capital management and supply chain finance.
With a vast global footprint—encompassing 328 active accounts, 40 banking partners, and more than 300 suppliers—McCormick & Company embarked on a mission to replace fragmented, manual processes with a unified, future-ready solution. Their aim: to standardize operations, automate workflows, and lay the foundation for strategic growth across the enterprise.
“We've always seen Kyriba as a key partner, not just a system service provider. I really think this award supports our relationship, knowing we can count on Kyriba to help us reach our goals and needs.”
- Shawn Casey, International Treasury Director, McCormick & Company
A strategic transformation
McCormick & Company’s journey began with the adoption of Kyriba as their central treasury platform, fully integrating with SAP S4/HANA to connect all payment and bank activities. Through close collaboration with Kyriba’s experts, McCormick & Company seamlessly automated invoice and credit note processing, achieving straight-through integration between their ERP and banking partners.
Before this transformation, McCormick & Company’s working capital processes relied on a series of manual file uploads and various ERP connections. By consolidating with Kyriba, McCormick & Company has:
Standardized supply chain finance and payment operations worldwide
Automated invoice and credit note processing, eliminating manual intervention
Expanded support to over 300 suppliers and 20+ internal users, with scalability for future growth
Enhanced visibility and control across 40 banking relationships
“It's been really exciting working with Kyriba here at McCormick. I think we've made a lot of great strides in the projects and implementations we've done and we just look forward to what's next… Kyriba has always been a great partner in accomplishing our goals.”
- Zachariah Symons, CTP, Sr. Treasury Manager, McCormick & Company
A blueprint for treasury modernization
McCormick & Company’s partnership with Kyriba has delivered exceptional results—streamlining treasury operations, empowering the AP and treasury teams to focus on strategic initiatives, and dramatically improving working capital metrics. This transformation has propelled McCormick & Company from laggard to leader status among their industry peers.
McCormick & Company’s achievement exemplifies the power of partnership, innovation, and vision. Their journey demonstrates how strategic technology adoption can modernize working capital management, drive operational efficiency, and position an organization for long-term success.
Congratulations to McCormick & Company—a true pioneer in working capital transformation!
