Optimizing Working Capital Through Early Payment Financing

Working Capital Optimization is a strategic objective for CFOs as they fight to generate bottom line value and generate free cash flow. Kyriba offers CFOs two compelling benefits: the ability to improve working capital, as well as the opportunity to increase net income.

“Three years after the project began, the program has already exceeded Auchan’s original goals. We have over 15,500 suppliers on the platform, and financing requests rose by more than 47% in 12 months.”

— François Verrodde, CEO of Auchan Suppliers Advanced Platform (ASAP)

Kyriba Delivers Multiple Early Payment Programs
Kyriba offers both dynamic discounting and supply chain finance programs to improve financial performance.
• Dynamic discounting programs reduce cost of goods sold through the direct discounts earned from suppliers, increasing net income while simultaneously improving the return on excess cash liquidity.
• Supply Chain Finance, also referred to as reverse factoring, facilitates term extension on payables, preserving cash for longer on the balance sheet and increasing free cash flow.

Working Capital Optimization Process

Kyriba’s Working Capital solutions allow suppliers to be paid early in exchange for a discount or financing fee at a lower cost of funding than they can achieve on their own.

REDUCE RISK IN THE SUPPLY CHAIN
With many organizations under pressure to extend DPO by paying suppliers later, Kyriba’s Working Capital solutions allow suppliers to be paid early in exchange for a discount or financing fee at a lower cost of funding than they can achieve on their own. Early payment programs supported by Kyriba’s cloud platform allow an organization’s suppliers to improve their own working capital to increase production efficiencies and drive growth.

Kyriba: Integration in a Single Platform
Kyriba delivers CFO decision making, analysis and performance management tools in a single cloud portal. Kyriba clients benefit from a comprehensive financial platform.

Kyriba Offers the Most Flexibility and Scalability
Kyriba delivers an all-in-one Working Capital and Payments solution through our Enterprise Liquidity Network. Now actionability for purchase orders and invoices can be delivered in a single global platform.

• Connect local and international liquidity providers to leverage existing bank relationships or introduce new financing partners
• Integrate easily with ERPs for complete liquidity and payment workflows, automation of cash pool allocations and streamlined invoice settlement
• Adjust business rules easily through flexible configuration options by geography, by bank or individual suppliers
• Comprehensive reporting, dashboards and analytics to set objectives and monitor results
• Supplier portal and onboarding tools to maximize supplier participation