New York Life Investments: Payments Innovator Award Winner
Awarded to the company that has minimized fraud, standardized and streamlined payment processes.
- With tremendous payment volumes, the need for a best-in-class streamlined process was crucial for continued growth.
- The New York Life team worked with the Kyriba product team to develop “Delegation of Authority” rules that flow from the Bank Account Management module to the Payments module for streamlined payment approval profile workflows.
Through this digital design and collaboration with Kyriba, the New York Life teams have:
- Realized major workflow efficiencies and improved controls across their broader internal finance and business teams.
- Driven workflow automation through their innovative design and adoption of Kyriba’s Waterfall Payments solution.
Kyriba’s Liquidity Excellence Awards recognize clients, both at the corporate and individual level, for excellence in Treasury, Finance and Cash Management. Winners are nominated by their peers and partners, and are announced at KyribaLive, Kyriba’s annual user conference. Nominating partners also receive acknowledgement for their contribution to these clients’ successes.
Company awards recognize outstanding performance across six award categories: Treasury Transformation, Achievements in Productivity, FX Optimization, Payment Innovation, Working Capital, and Implementation the Year.
Recognition is also given to individual contributors for outstanding performance across four award categories: Peak Performer, Pivotal API, Data Demon, and Elevated Visibility.
Check out our complete list of 2023 Liquidity Excellence Award Winners. Congratulations to all!