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Fact Sheet

Treasury Management For Private Equity Firms

Treasury Management For Private Equity

Kyriba brings innovative technology and experience in helping private equity and alternative asset managers automate global cash and payment management workflows.

Many private equity (PE) firms have insufficient systems and workflows to optimize cash and liquidity.

Current Challenges for Private Equity Firms

  • Cash Positioning & Forecasting
    Many private equity (PE) firms have insufficient systems and workflows to optimize cash and liquidity. This lack of global oversight across the management company and within individual funds minimizes cash visibility and renders effective forecasting impossible.
  • Unique & Complex Accounting
    PE firms often rely on disparate accounting processes for the management company at both the investor level and the fund level. Accounting systems are often disconnected from bank platforms, which complicates accounting automation.
  • Excess Banking Fees
    It is very common for PE firms to feature a large number of diverse banking relationships across their investment portfolio. Typically there are too many accounts and bank services, leading to excess banking costs.
  • Ineffective Payment Controls
    Acquired organizations can bring manual and inconsistent payment controls and processes. This creates inefficiency and increases operational risk.

How Kyriba Can Help

Kyriba empowers private equity firms to optimize cash and liquidity, reduce operational risk within funds, and increase the effectiveness of cost reduction initiatives. Kyriba’s secure, highly scalable cloud infrastructure can help in a number of key areas:

Gain Control of Cash
Kyriba delivers global oversight of cash across funds, driving 100 percent cash visibility and reliable cash forecasts. Kyriba helps optimize deployment of cash and liquidity, improving investment returns and speeding payback of entity borrowing.

Simplify Cash Accounting
Kyriba automates cash and fund level accounting, simplifying generation of journal entries while introducing structured audit and controls to the accounting process. This saves immense hours and offers a single source of record for accounting inquiry.

Reduce Risk of Payment Fraud
Kyriba offers centralized and standardized payment controls across the entire enterprise, aligning payment policies with a digitized payment workflow in order to prevent fraud. Kyriba’s multi-channel payment platform also offers internal and external screening to ensure that only authorized and compliant payments are delivered to banks.

Reduce Banking Costs
Kyriba perfects visibility and control of bank accounts to identify opportunities for bank account rationalization. Kyriba’s bank fee analysis will further support cost reduction initiatives by analyzing accuracy of bank fees and comparability across banks.