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Kyriba for the Energy Industry
Global Expertise
Many companies in the energy industry are challenged by a lack of visibility into debt, investments and liquidity, which hampers strategic decision-making. In addition, they struggle with scaling AP payments, while also trying to minimize impacts from FX risk. Kyriba helps companies manage the challenges associated with being a global company.
Informed Decision-Making
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Integrative Visibility
Kyriba provides seamless views into liquidity, debt, investment, cash, and FX risk. This insight enables executives to make more informed decisions.
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Global Payments
Kyriba’s Payments Hub manages AP and AR payments, while maintaining robust format transformation for communication with banks and other institutions.
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FX Risk Management
Kyriba’s FX Risk Management creates confidence in expanding identification and aggregation of FX exposures and risk mitigation capabilities to manage impacts to earnings. Kyriba gives support to a full end to end solution for exposures, trading and post-trade activities.
Enterprise Liquidity
Kyriba enables clients to achieve 100% cash visibility and reduce reliance on borrowing, transforming liquidity into a strategic asset.
Connectivity and Integration
Kyriba clients can seamlessly, automatically connect to their relationship banks, ERPs and other systems eliminating file uploads and manually-generated reporting and reconciliations.
Payments
Kyriba offers a controlled and centralized payments hub to deliver greater efficiency and control for your organization, reducing the risk of fraud.
Hear from Kyriba Clients
Increasing Efficiency by 80%
Climbing the Summit
Related Resources
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Fact SheetsTreasury Requirements in the Oil and Gas IndustriesKyriba’s clients in the oil and natural gas industries range from production equipment manufacturing, exploration, and extraction to pipeline transportation. We help these companies through our industry expertise and leading solutions. While no two companies are the same, many of our clients in the sector share many common treasury and finance requirements. Kyriba provides the...Read the fact sheet -
Success StoriesHow Kyriba Helps the Oil and Gas Industry“On top of the major time and productivity benefits, Kyriba gave us huge peace of mind. Knowing that our forecast was accurate enabled us to be much more strategic in the way we used cash. The increased visibility also enabled us to comply with accounting regulations with a greater degree of confidence.” An Oil &...Read the success story -
Success StoriesHow Treasury Centralization is Helping Ola Energy Increase Efficiency by 80% and Reduce Costs by 20%With 34 affiliate companies working in 20 different currencies, Ola Energy’s 105 banking partners are responsible for more than 400,000 transactions per year. So it’s not surprising that Ola Energy Group Treasurer Abdessalem Lassoued was facing some challenges before deploying a cloud treasury solution. Lassoued sat down with Kyriba to explain more. What were the...Read the success story