What is the value of Kyriba to your organization? Trish Fisher, director treasury operations, WeWork, shares the top benefits of Kyriba, and how Kyriba powers digital transformation with real-time visibility at WeWork to bring their treasury to the next level.
Among the key reasons why EmblemHealth chose Kyriba was the cloudbase. That was just huge for us. And the fact that there's no IT intervention that was another huge plus during all the different phases of the different modules that wanted to implement.
Treasury was very manual. We were losing a lot of time every day doing the same functions over and over and getting the same data out of the bank. By implementing Kyriba we've streamlined a lot of our processes. We have added value to our department and company.
By using Kyriba's Supply Chain Finance solution, we were able to fully implement our strategy of being bank agnostic and not commit ourselves to any single bank but being able to implement many different funding programs.
Assistant Treasurer, Fluor
By investing in technology, Health Care Service Corporation perfected its cash visibility and reduced working capital holdings by $3.95 billion.
With 34 affiliate companies working in 20 different currencies, Oilibya’s 105 banking partners are responsible for more than 400,000 transactions per year.
Following the rigorous selection process, TCMH chose Kyriba for cash management, cash forecasting, risk management and bank connectivity using SWIFT Alliance Lite2 for Business Applications.
The Government of Sharjah embraces HSBC’s digital transaction banking solutions and Kyriba’s cloud-based Treasury Management System.
Before deploying Kyriba, the treasury teams at Zahid Tractor and its subsidiaries were using a variety of paper-based records and spreadsheets to control the vast portfolio of treasury transactions within the group.
French retail group Auchan uses reverse factoring to pay suppliers sooner without negative impact to working capital.
Pimkie’s Reverse Factoring program has brought sizeable working capital improvements while bolstering relationships with key suppliers.
There is often discussion about how technology can have a transformative impact on treasury, but in many cases, this simply refers to managing existing processes more efficiently.