From Gridlock to Growth: Unleashing Liquidity Performance with Kyriba Integration Partners

Join us for an exclusive webinar where Kyriba's Director of Product Management, API, Daniil Saiko, is joined by experts from Trustpair and Starfish for an in-depth panel discussion on the essential building blocks of Liquidity Performance. This session is designed to empower Treasurers and CFOs to make informed, strategic decisions with confidence.

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Hunt Companies’ Early Adopter Strategy for Real-Time Payments Sees Immediate Cost and Efficiency Gains

Hunt Companies is at the forefront of the Real-Time Payments (RTP) movement. Adopting the technology to lower bank wire fees and reducing the time spent correcting rejected payments has already provided significant gains in both hard and soft savings.

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Optimize Your Cash Forecasting with AI

Imagine a world where manual processes and guesswork don’t bog down forecasting. Instead, your forecast is created easily using real-time data and predictive analytics. This is the potential of artificial intelligence (AI) in modern financial operations; this is the power of AI in cash forecasting. AI’s ability to process vast amounts of financial data in...

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Kyriba Releases Quarterly Currency Impact Report, Revealing a Sharp Increase in FX Headwinds

North American companies reported a $8.38 billion impact in Q1 2024, a 219% increase from Q4 2023. 19% of multinationals reported currency impacts with North American organizations experiencing the most negative impact in the first quarter of 2024. European companies reported $2.72 billion in FX-related losses, 65.2% less than the previous quarter. San Diego –...

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July 2024 Currency Impact Report

The April 2024 Kyriba Currency Impact Report analyzes the reported effects of currencies on North American and European companies during Q2/23.

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Key Insights from the Latest Fed Meeting and What They Mean for CFOs

The U.S. Federal Reserve decided to keep interest rates unchanged from 5.25%-5.5% during its June 12, 2024 meeting. This decision, like all decisions from a governing body overseeing monetary policy, has far-reaching implications for corporations and how they manage liquidity performance. How We Got Here For decades, monetary policy had been geared towards growth with...

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The Tip of the Spear and Why Pride and ERGS Matter More than Ever

Happy Pride to all of you. Pride Month is a time of celebration. A Celebration of the progress we’ve made, the friendships we’ve established, and the lives we’ve won the right to create, just as others around us have done for centuries. Pride was born in 1969 in a riot at the Stonewall Inn in...

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How Costco Optimizes Investments for Award-Winning Treasury Efficiency with Kyriba and ICD

In this exclusive webinar, learn how Costco leverages the integrated Kyriba-ICD Portal to enhance liquidity management, mitigate risk, and maximize investment opportunities.

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Decoding the Impact of ChatGPT for Treasury

Generative AI, represented by groundbreaking models like ChatGPT, is poised to revolutionize treasury management. However, its integration brings forth a spectrum of implications, from promising opportunities to potential risks. We highlight the potential benefits and risks associated with integrating generative AI in treasury and finance operations. Exploring Generative AI Generative artificial intelligence (AI) is a...

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Kyriba Demo Webinar: See Liquidity Performance in Action

Unlock the Full Potential of Liquidity Management. Join this week's demo webinar to see the full power of Kyriba.

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Decoding FX Market Trends: Top 3 Lessons from Kyriba’s Currency Impact Report

Are you navigating the complex currents of global currency markets that are eating into key financial metrics? Join this webinar where we'll delve into Kyriba's latest Currency Impact Report, a valuable benchmarking tool for corporates to gauge their currency impact against other large multinationals.

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From Insights to Action: Liquidity Outperformance

Is your treasury stuck in a traffic jam of disconnected data, outdated forecasts, and unoptimised processes? It's time to break free from liquidity gridlock and optimise cash, investing, hedging and working capital.

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What Are the Payment Methods in Switzerland?

The Swiss payment system is experiencing significant changes driven by ongoing digitalization and the adoption of new technologies and standards. Understanding these changes is crucial for businesses, financial institutions, and individuals using the Swiss payment system. This FAQ provides an overview of the current and future state of Swiss payments, including:

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Transforming Treasury into a Strategic Partner Through Data at SRF

India-headquartered chemical manufacturer SRF has been experiencing remarkable growth. This brought to light the need to embark on a comprehensive project to overhaul its Excel-based treasury system.

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Thank You

Thank you for your interest. We will be in touch shortly. Please be sure to add [email protected] to your safe senders list.

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Get A Demo

Learn why the world’s leading businesses choose Kyriba to manage their mission-critical capabilities for cash and risk management, payments and working capital optimization. Protect against loss from risk and fraud Improve the impact of cash forecasting Enable real-time treasury and payments Surround liquidity planning with analytics to empower data-driven financial decisions Submit the form to...

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Kyriba’s Liquidity Performance Platform: Optimize Liquidity, Reduce Risk, Unlock Growth

Kyriba’s winning Liquidity Performance platform is the most connected liquidity network with banks, ERPs, trading portals, data tools, suppliers, and more. With close to 3,000 clients and 80,000 users worldwide, Kyriba manages more than 3 billion bank transactions and $15 trillion in payments annually. Our platform is built to enable financial leaders to connect, protect, forecast, and optimize liquidity for sustainable growth.

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Six Tips to Protect Your Organization Against Payments Fraud

Payments fraud increased 71 percent from 2022 to 2023, with 96 percent of companies targeted by at least one payments fraud attempt in 2023. Regularly reviewing your infrastructure and verifying your enterprise security measures are robust is crucial, especially to ensure payments fraud protection. One message is clear–if you have strong, consistently executed processes safeguarding...

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KyribaLive 2024 Recordings

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Transform Your Risk Management Strategy

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Minor Hotels Strategically Transforms Treasury Operations

Discover how Minor Hotels achieves extraordinary results in hospitality cash management, efficiently managing 900+ bank accounts with 50+ banks worldwide.

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From Risk to Resilience: Mastering Core Treasury Challenges

This panel discussion of a number of treasury thought leaders will cover some of the most pressing issues facing treasury professionals today with a practical twist so that attendees come away informed and ready to act.

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Decoding FX Market Trends: Top 3 Lessons from Kyriba’s Currency Impact Report

Whether you’re looking to refine your risk management strategies or seeking a comprehensive understanding of the latest FX impacts, this webinar is a must-attend event to propel your risk management strategy.

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Discover Liquidity Performance in Action

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Kyriba Report Finds Corporate Liquidity Increases to $3.5 Trillion, a Year-Over-Year increase of $180 Billion

This first-of-its kind study provides greater transparency into the drivers of liquidity performance for corporate America Report finds Financials, Real Estate and IT have the greatest access to liquidity SAN DIEGO – MAY 1, 2024 – Kyriba, the global leader in liquidity performance, today unveiled the first-of-its-kind Corporate Liquidity Performance Report, which found that corporate...

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April 2024 Liquidity Performance Report

The Kyriba Corporate Liquidity Performance Report analyzes the access to liquidity for US publicly traded corporations, as an indicator of financial health to drive strategic growth.

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Polestar Optimizes its Treasury Journey & Enhances Operations

Faced by lack of visibility into cash, Polestar embarked on a treasury optimization journey. Find out how Kyriba helped them manage their daily activities.

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The Threat of Deepfake Frauds in Payment

Imagine this: your CEO’s voice or your CFO’s face—and a request for funds. Something in your gut is telling you that this situation feels ‘off’ but what can you do? It’s the CEO or CFO of the company after all. This is the reality of deepfake fraud, a clever ruse that is not only making...

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How to End Liquidity Gridlock

It's time to end liquidity gridlock! For too long the office of the CFO have been stuck in the endless traffic jam of disconnected data, outdated forecasts, unprotected systems and unoptimized processes

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Kyriba’s Quarterly Currency Impact Report: Total Currency Impact for 2023 Reached $95 Billion

Slowdown in FX volatility more than halves negative impacts in Q4 2023 for North American and European companies North American and European negative impact decreased 57.5% from Q3 2023; the Euro was the currency most mentioned as impactful SAN DIEGO – April 25, 2024 – Kyriba’s latest Currency Impact Report (CIR) finds that the currency...

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April 2024 Currency Impact Report

The April 2024 Kyriba Currency Impact Report analyzes the reported effects of currencies on North American and European companies during Q2/23.

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How AMD Achieved 60% Reduction in P&L Volatility

In today's fast-paced financial landscape, corporations grapple with FX challenges that could determine their success or failure. Join us for an exclusive webinar featuring Joshua Carbone, Senior Treasury Manager at AMD, as he reveals the secrets behind their remarkable 75% productivity improvement and 60% reduction in FX impacts to the P&L.

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What are Payment Systems in the U.K.?

The U.K.'s payment systems are undergoing significant changes impacting various aspects of banking and commerce. Understanding these changes is crucial for businesses, financial institutions and individuals using the U.K. payment ecosystem. This FAQ provides an overview of the current and future state of U.K. payments

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Kyriba Expands Suite of Artificial Intelligence Features to Enhance Liquidity Performance for CFOs

Kyriba’s new AI functionality delivers improved cash forecasting, bank connectivity and custom reporting to empower finance teams with greater automation and data-driven decisions LAS VEGAS – April 9, 2024 – Kyriba, a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report...

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Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem

Kyriba and Onyx by J.P. Morgan (Onyx) introduce the power of blockchain to streamline cross-border payments Kyriba partners with Workday to embed global bank connectivity within Workday Financial Management Kyriba expands global partner ecosystem to help CFOs leverage liquidity as a strategic advantage LAS VEGAS – April 8, 2024 – Today, Kyriba, a global innovator...

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Break Free from Liquidity Gridlock

Our clients will tell you, they love Kyriba. Organizations from many industries and of various sizes have embraced Kyriba for real-time cash visibility, increased operational efficiency, and all enterprise liquidity management needs.

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Elevate Your Forecasting Capabilities

In the complex world of global finance, managing liquidity can feel like an uphill battle. Without complete data and automation, navigating a web of banking relationships becomes daunting.

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Empowering Global Bank Connectivity, Unleashing Potential

Find out how Kyriba’s global bank connectivity solution can help you break free from fragmented data, siloed systems, and disconnected workflows.

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Data Security in an Age of Uncertainty

In the complex world of global finance, managing liquidity can feel like an uphill battle. Without complete data and automation, navigating a web of banking relationships becomes daunting.

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Optimize Liquidity with Kyriba

In the complex world of global finance, managing liquidity can feel like an uphill battle. Without complete data and automation, navigating a web of banking relationships becomes daunting.

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Managing FX Risk In Complicated Market Conditions

Are you ready to navigate the complexities of FX risk in today's uncertain market conditions? Join us for an insightful webinar hosted by Andy Gage, SVP of FX Sales and Advisory Services at Kyriba. Dive deep into the strategies and tools essential for finance professionals in 2024. Don't miss this opportunity to gain expert insights and practical solutions tailored to today's financial landscape.

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Welcome to Liquidity Performance

Today marks an exciting new chapter for Kyriba as we unveil our new brand identity. This transformation symbolizes far more than just a visual refresh – it represents our vision and approach to elevating liquidity as a powerful catalyst driving business resilience, agility and growth. At the heart of our brand refresh are three key...

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Artificial Intelligence

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Kyriba’s Values & ESG Framework

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Elevating Working Capital: Strategy for Growth and Resilience in Uncertain Times

In this dynamic era, where market conditions evolve and opportunities for growth emerge, Kyriba is excited to offer a concise webinar aimed at equipping your business with the insights and tools needed to enhance your working capital.

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KyribaLive Returns Bringing Together Financial Leaders & Treasury Experts to Explore the Latest Innovations in Fintech

The annual conference will be held at The Wynn in Las Vegas from April 8-10 SAN DIEGO – March 4, 2024 – the global leader in liquidity performance, announced today that Kyriba Live returns on April 8-10, 2024 in Las Vegas. The 13th annual conference brings together financial leaders and treasury experts from around the...

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Fiat Currency Management Crypto Challenges

Finance leaders have reason to avoid the volatility of alt coins but their lack of visibility into currency exposure could be leaving them vulnerable to a similar risk with some fiat currencies. Bitcoin’s skyrocketing and subsequent free fall in value should be a wakeup call to CFOs, corporate risk managers and others focused on currency...

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Get A Demo

Learn why the world’s leading businesses choose Kyriba to manage their mission-critical capabilities for cash and risk management, payments and working capital optimization. Protect against loss from risk and fraud Improve the impact of cash forecasting Enable real-time treasury and payments Surround liquidity planning with analytics to empower data-driven financial decisions Submit the form to...

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Thank You

Thank you for your interest. We will be in touch shortly. Please be sure to add [email protected] to your safe senders list.

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Kyriba Open Formats Studio

The Kyriba Open Formats Studio (OFS) offers a complete set of self-service tools to quickly implement, test and deploy payment formats within the Kyriba Payment Hub.

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Navigating the Financial Horizon: Mastering Forecasting & Liquidity Planning

Wednesday, March 06, 2024 | 12 PM CET | Join us on-demand for an exclusive Kyriba Webinar. Dive into the art and science of financial forecasting and liquidity planning in today's volatile market.

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10 Things You Need to Know about APIs for Treasury

APIs continue to be one of the most talked about technologies, as finance leaders look to make their treasury and payments operations more real-time and responsive to market volatility. APIs are critical to the future of bank connectivity, yet they offer significantly more value than connecting treasury systems and ERPs to banks. In a recent...

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Kyriba Open Reports Studio

Kyriba Open Reports Studio is a powerful Excel add-in that seamlessly integrates with the Kyriba application via Kyriba APIs to empower finance professionals in treasury, accounting and other functions to take control of their data.

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World Vision Revolutionizes Treasury Processes to Maximize Global Impacts

As a global Christian relief, development, and advocacy organization World Vision helps children, families, and communities overcome poverty and injustice, irrespective of religion, race, ethnicity, or gender.

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Société Générale and Kyriba join forces to streamline FX hedging

Paris – February 20, 2024 — Societe Generale and Kyriba announce the launch of connectivity between Kyriba’s financial transaction management module and SG Markets, Societe Generale’s BtoB platform. This API*-based connectivity between Kyriba and SG Markets platforms provides the opportunity for their mid-cap company clients (mid-caps) in France to execute their hedging with a single...

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From our Clients: Why We Love Kyriba

Our clients will tell you, they love Kyriba. Organizations from many industries and of various sizes have embraced Kyriba for real-time cash visibility, increased operational efficiency, and all enterprise liquidity management needs.

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Kyriba’s Quarterly Currency Impact Report: Currency Impact Reported by North American and European companies totaled $30 billion

Currency headwinds continued to prove challenging for European companies, especially for Europe, which reported FX-related impacts of $8.96 billion, about 56.6% greater than the previous quarter SAN DIEGO – February 15, 2024 — Kyriba’s latest Currency Impact Report (CIR) found that the currency impact on earnings reported by both North American and European companies totaled...

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Kyriba’s February 2024 Currency Impact Report

The February 2024 Kyriba Currency Impact Report analyzes the reported effects of currencies on North American and European companies during Q3/23.

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Treasury System Integration Leads Primoris Towards M&A Success

As a premier specialty contractor delivering critical infrastructure services to the utility and energy markets, Primoris provides unmatched value to their clients. However, when it came to managing treasury operations, the complexities of mergers and acquisitions (M&A) posed significant challenges.

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Kuala Lumpur Kepong Berhad (KLK) Revolutionises Treasury Management Processes with Kyriba

Kuala Lumpur Kepong Berhad (“KLK”) started as a plantation company in 1906 and until today, the development of oil palm and rubber remains the Group’s core business. KLK presently has about 300,000 hectares of planted area (97% oil palm). Our land bank is spread across Malaysia (Peninsular and Sabah), Indonesia (Belitung Island, Sumatra, as well as Kalimantan) and Liberia.

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APAC 2024 Treasury Trends

Tuesday, February 27, 2024 | 12:30 pm SGT | As 2024 begins, significant disruptions are evident, marked by ongoing conflicts in Europe and the Middle East, and central banks raising borrowing costs.

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Navigating Tomorrow: Insights for Treasurers in 2024 & Beyond

Thursday, February 15, 2024 | 2 PM GMT | In this exclusive webinar, we take a look into the challenges and opportunities that lie ahead for treasurers in these complex times.

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Top 5 Treasury Practices That Will Change Your 2024

Tuesday, February 27, 2024 | 2 PM EST | In this webinar, hear from Kyriba clients what their transformation priorities are – and what practices they are implementing this year.

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Elevate Your Financial Game with Corporate Liquidity Planning

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Treasury Technology Breakthroughs with Clearsulting Partnership

Clearsulting’s partnership with Kyriba offers a comprehensive suite of services designed to elevate your treasury function.

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2024 Cash Forecasting Essentials

Thursday, January 25, 2024 | 1 PM EST | Find out everything you need to know about perfecting your cash forecasting in 2024 as a treasurer.

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CFOs See Ongoing Pain From Foreign Exchange Oscillations

The U.S. dollar’s jolt higher this year caught companies by surprise. Now the currency is retracing some of that gain as Treasury rates slip.

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Navigating in High-Interest Rate Environment Infographic: A Step-by-Step CFO Guide

The problems associated with spreadsheets are well documented, yet many treasury professionals continue to overlook these shortcomings when it comes to running their overall treasury operations.

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Europe Inc. Nurses $5.7 Billion Loss in Worst FX Pain Since 2020

European multinationals doing business abroad suffered the biggest hit to earnings from currency volatility in nearly three years, forcing corporate treasurers to be more vigilant in their hedging strategies.

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Kyriba’s Quarterly Currency Impact Report: FX Volatility Spikes to $29.14 Billion in Earnings Impacts

CFOs Struggle with Currency Risk Amid $6B Increase in Total FX Impacts from Previous Quarter; European Companies Lead Suffering as Headwinds Jump 349% SAN DIEGO – November 21, 2023 — Kyriba’s latest Currency Impact Report (CIR) shows multinational companies experienced over $29bn in total impacts to earnings from currency volatility in the second quarter of...

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2024 Treasury Trends

2023 is coming to a close with notable upheaval. Significant wars continue in Europe and the Middle East; central banks have increased borrowing costs to the highest rate in well over a decade; inflation has pulled back from the peak but remains above targets; borrowing costs and access to capital have tightened; FX risks remain elevated; and many CFOs are exhibiting increased caution.

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Implied volatility keeps firms cool in FX

Corporates are taking a big punt on markets remaining relatively benign, given their apparent lack of confidence in existing FX technology and systems.

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Kyriba API Integration for Microsoft Dynamics 365 Finance

Kyriba’s API integration for Microsoft Dynamics 365 (D365) accelerates payments and bank connectivity projects, eliminates project risk and drastically reduces connectivity costs. The Kyriba D365 integration centralizes payment activity, fully manages bank connectivity and delivers superior fraud detection and visibility. It also provides a full suite of out-of-the-box ERP workflows for cash management, GL reconciliation, GL export, FX balance sheet and bank statement export.

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Three Strategies to Navigate the High-Rate Environment

Businesses face a complex array of challenges in managing liquidity, magnified by the decisions of pivotal global entities. Foremost among these is the direction chartered by the Federal Reserve, which not only sets the course for monetary policy but also cascades its influence across countless corporate decisions. In light of these policy shifts, there is...

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Keyloop Drives Forward with Automated Treasury

Within the vast auto retail landscape, Keyloop stands out, delivering software solutions to 16,000 dealer sites and serving most automotive manufacturers in over 90 countries. Yet, like many industry leaders, Keyloop confronted operational challenges. Specifically, their treasury team grappled with manual tasks that limited efficiency and potential growth, highlighting the need for an automated treasury management solution.

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Kyriba Working Capital White Label Solutions for Financial Institutions

Now more than ever, CFOs and senior finance leaders are turning to working capital solutions to optimize liquidity and generate free cash flow. With the demand continuing to grow, so do the market options.

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How to Cut Costs Without the Cutbacks

For the past two years corporations have been in a constant battle to maintain profitable margins while combating rising labor costs, inflation and supply chain disruptions. Labor costs resulting from shortages and the need to retain talent. High inflation resulting from global government spending to sustain economies in times of pandemic distress impacting a rise...

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NVA, FAH and Oracle Cerner: Treasury Success with Elire and Kyriba

Elire, in synergy with Kyriba, is redefining financial process optimization. With a legacy spanning over 18 years, Elire has spearheaded treasury transformation projects, offering cutting-edge tools. As a Kyriba Platinum Plus Partner, Elire amplifies the essence of modern treasury.

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Towards a Triple-A Global Vision

This article was first published in The Treasurer, Issue 3 2023. Find more at The Treasurer Magazine. By Bob Stark, Global Head of Market Strategy at Kyriba The future of treasury technology is visual, automated and intelligent data delivered by the widespread adoption of AI, APIs and analytics. The ‘three As’, as we sometimes refer...

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How Varsity Brands Achieved >90% Forecasting Accuracy

Varsity Brands faced numerous challenges in its treasury processes, such as limited cash visibility, disjointed cash flow forecasts and a patchwork of manual processes. Recognizing these challenges, Varsity Brands selected Kyriba to redefine and optimize their treasury operations for the future.

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Beyond Cash Forecasting: Rethinking Liquidity

As a companion to the newly released Executive Guide on “Rethinking Liquidity Planning to Manage the Cash Lifecycle”, this webinar will focus on how Liquidity planning differs from cash forecasting.

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What is SEPA Payment?

What is SEPA Payment? What Are the Different SEPA Schemes? How Kyriba Supports SEPA Payments?

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Executive Insights: Managing FX Risk Under Daily vs. Single Rate

This Executive Insights ebook covers the key differentiators between Daily and Single rate.

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Infographic: How Kyriba Helps Clients with Value Realization

The problems associated with spreadsheets are well documented, yet many treasury professionals continue to overlook these shortcomings when it comes to running their overall treasury operations.

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APIs Unleashed: Everything You Need to Know About APIs for Treasury and Payments

In this session, Celent’s embedded finance and API research leader and Kyriba will demystify APIs, talk about their value for payments, intra-day liquidity, ERP integration, fraud detection, reporting, data analysis, and so much more.

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ISO 20022 Migration

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Kyriba Oracle Cloud API Integration

Kyriba’s Connectivity-as-a-Service (CaaS) accelerates the process of connecting your ERP systems to your banking partners, relieving potential development and maintenance burdens on IT. With one API gateway, clients can connect via Kyriba to over 1,000 global banks, supported by an extensive format library of 50,000 pre-developed and pre-tested payment scenarios.

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CFO’s Guide to Reducing the Risk of Fraud

Business Email Compromise BEC scams, in which fraudsters send emails to employees pretending to be the CFO or CEO, are becoming increasingly common. Other attacks prey on weak user authentication procedures to gain access to essential systems.

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Unlocking the Future: AI in Treasury Management with Bob Stark

In today’s fast-evolving financial world, integrating AI into treasury functions and functions is revolutionizing the industry. Our exploration focuses on AI’s transformative role in treasury, particularly spotlighting the innovative strides made by Kyriba, a leader in treasury management systems. We’ll be looking at how AI is reshaping conventional treasury practices and what this means for...

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Sibos: The Challenge of Instant Treasury

Corporate treasury expectations for on-demand financial information are yet to be addressed. The difficulty of gathering data from disparate systems should not be underestimated. One key topic at last week’s Sibos conference in Toronto was the concept of ‘instant treasury’. Discussions centered on the main challenges to delivering on-demand information to corporate customers as well...

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AFP Executive Guide: Rethinking Liquidity Planning to Manage the Cash Lifecycle

With the use of APIs, artificial intelligence (AI) and data analytics, cash forecasting is evolving into a more proactive liquidity planning process.

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Kyriba Celebrates National Hispanic Heritage Month

Each year, we honor Hispanic Heritage Month, an annual observance running from September 15 – October 15 to recognize and celebrate the histories, cultures, and traditions of the Hispanic and Latinx communities. While Hispanic Heritage Month began in the United States, Kyribian’s across the globe are honoring their diverse backgrounds and reflecting on how their...

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Artificial Intelligence and Transaction Banking: Working Smarter

Digital transformation is reshaping industries, and the treasury function is no exception. Once considered a bastion of rigid number-crunching and traditional finance processes, treasuries are now experiencing a revolution. The force behind the change is Artificial Intelligence (AI). A recent article, originally published in Global Finance Magazine, highlighted the growing influence of AI in treasury....

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Kyriba Payments: Streamlining Your Payments Process with Security and Efficiency

As the world’s most connected enterprise liquidity performance platform, Kyriba offers unparalleled cloud-based SaaS solutions via Connectivity-as-a-Service (CaaS).

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Kyriba Risk Management: Three Steps to Reduce Volatility

Kyriba’s Risk Management minimizes the effects of market fluctuations on revenue, earnings and balance sheets.

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Kyriba’s Integrated Treasury Solutions

Watch this Kyriba Treasury product video to learn how Kyriba’s treasury management solutions can enhance your treasury operations.

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Kyriba Working Capital: Empowering CFOs to Unlock Liquidity

Watch this Kyriba Working Capital product video to learn how Kyriba's Working Capital solutions empower CFOs to unlock liquidity

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Kyriba Connectivity-as-a-Service: Accelerate Your ERP Bank Connectivity

As the world’s most connected enterprise liquidity management platform, Kyriba offers unparalleled cloud-based SaaS solutions via Connectivity-as-a-Service (CaaS).

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What are Bank Reporting and Payment Formats?

Bank reporting and payment formats exchange payment instructions and reporting information between banks and their clients.

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Navigating the Future: Bank Connectivity, Cloud Migration, and Instant Payments

Join Deloitte and Kyriba to learn about the future of payments. Discover important topics to show where the market is likely headed so you can better understand and navigate the changes ahead.

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Five Payment Catastrophes to Avoid

An efficient and secure corporate payment workflow is the backbone of a successful modern enterprise. Every financial transaction – from routine supplier payments to critical intercontinental transfers – relies on a seamless and reliable payment process. However, within the whirlwind of modern financial operations, the complexities of transactions and the persistent threat of payment fraud and cybercrime can create a perfect storm for payment catastrophes. These catastrophes not only disrupt financial operations but also jeopardize your reputation, erode stakeholder trust and undermine the overall stability of your organization.

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Kyriba To Provide RBC With Cloud-Based Payables and Receivables Finance Solution As the Bank Expands Supply Chain Finance Offerings for Canadian Enterprises

Kyriba’s solution will be used by the bank to expand on its ability to provide its Canadian commercial clients with integrated and enhanced working capital solutions. SAN DIEGO – September 21, 2023 — Kyriba, a global leader of cloud-based finance solutions announced that the company will be working on providing its platform solutions and services...

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Pioneering Real-time Global Banking Connectivity

For two decades, Kyriba has forged a reputation as the industry's frontrunner in corporate-to-bank. With robust integrations with 1000+ global banks, Kyriba is the world's most connected enterprise liquidity platform.

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Condé Nast’s Transformation Overhauls Liquidity, Bank Relationships and Treasury Tech

Condé Nast’s (CN) treasury team identified several challenges in its effort to support the company build a new global organisational structure. Like the need to improve inefficient payment processes around inconsistent processing across markets and low levels of automation.

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Clearsulting Partnership Elevates Treasury Agility

Clearsulting’s partnership with Kyriba offers a comprehensive suite of services designed to elevate your treasury function. Through meticulous analysis, Clearsulting identifies pain points and inefficiencies within your organization’s current treasury operations and paves the way for tailored enhancements and streamlined processes. The collaboration isn’t just about treasury technology implementation; it’s about embracing Kyriba as a catalyst for change.

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Bally’s Leverage APIs and Cloud to Deliver Solution

Bally’s won Highly Commended Winner at the Adam Smith Awards 2023 for Best Emerging Technology. Learn about their achievement with API connectivity.

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Amazon ‘Thinks Big’ with Machine Learning Forecasting Solution

Think Big is a key leadership principle at Amazon, and the team knows how important it is to manage its capital structure efficiently at scale.

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Viatris Addressed a Complex FX Environment with an Impressive Technology Solution

Viatris won Adam Smith Awards 2023 for creating a fully automated workflow to analyze and execute hedges, optimizing their foreign exchange risk management.

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Kyriba Leading the Charge in Cloud TMS for Both Enterprises and Midmarket

In the wake of escalating global uncertainties, businesses are constantly grappling with unknowns, making liquidity management a top priority. The recent IDC MarketScape Assessment of World-wide Saas and Cloud Treasury Management Software (TMS) Vendors for 2023 provides a compelling testament to the increasing significance of treasury software and the importance of selecting the right technology...

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Kyriba Appoints Visionary Leader Melissa Di Donato as New Chair and CEO

Transformative Tech Executive to Usher in New Era of Innovation and Growth for Enterprise Liquidity Management SaaS Pioneer SAN DIEGO – September 5, 2023 — Kyriba, the global leader of cloud-based finance and liquidity solutions, announced today the appointment of Melissa Di Donato as Chair and Chief Executive Officer. A respected technology visionary and accomplished...

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Simplifying the Complex World of FX Risk Management: Insights from Jeff Goggins

Understanding the complex realm of FX risk management can often feel like navigating through a labyrinth with no clear exit. Technical terms like balance sheet re-measurement, hedging, and central bank interventions may seem daunting. However, these concepts become approachable when explained by experts like Jeff Goggins, a Kyriba director, and a seasoned FX risk management specialist.

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Tackling Currency Risk in Today’s Economy

In today’s highly volatile foreign exchange market, companies must be strategic to ensure that their foreign exchange (forex) programs are running as efficiently as possible. With many factors affecting forex exposure, from interest rate movements to political instability, currency volatility and uncertainty show no signs of settling down. During KyribaLive 2023, Andy Gage, SVP of...

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Kyriba NetSuite API Integration

Kyriba’s Connectivity-as-a-Service (CaaS) accelerates this process and relieves potential development and maintenance burdens on IT. With one API gateway, clients can connect via Kyriba to over 1,000 global banks, supported by an extensive format library of 50,000 pre-developed and pre-tested payment scenarios.

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How API and ERP Integrations Are Transforming Corporate Treasury

Adopting API technology to integrate ERP systems with treasury systems is a transformative step for corporate treasury management. Such integration facilitates real-time data transfer, ensuring that treasurers are equipped with the most up-to-date financial information for accurate stakeholder reporting and enhanced decision-making. Additionally, APIs bring heightened security in data transfers, offer scalability for growing business...

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European Corporates Lose Out on Currency Gains As FX Volatility Plummets

European corporates have been the big losers from lower overall FX market volatility in the first half of 2023 as EUR/USD normalised while the yen and yuan continued to struggle.

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The Perfect Storm of B2B Payment Fraud: How to Defend Your Treasury Before It’s Too Late

B2B payment fraud is one of the top concerns keeping CFOs and treasurers up at night, having increased in importance due to the proliferation of spear-phishing, data breaches and the resulting loss in company value. In addition to the direct financial losses, the indirect losses can be devastating. Falling stock market value, loss of confidence from investors, customers and partners, lawsuits and fines are all possible. The reputations and careers of you and your colleagues could also be in severe jeopardy.

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Avoid Financial Woes with Cash Management Best Practices

Cash management is fundamental to the treasurer’s role, but all too often, inefficiencies and inadequate visibility prevent treasurers from putting their company’s cash to the best use. As an example, a recent PwC Global Treasury Survey still identified cash and liquidity management as the top priority for treasurers. Yet, maximizing returns without increasing risk is...

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Optimizing FX Balance Sheet Hedging with Efficient Frontier Concepts

The desire for incorporating efficient frontier concepts within FX balance sheet hedging programs has been bubbling up over the past several years. One obvious reason is the ability to execute portfolio hedging decisions that can yield effective risk mitigation results while also minimizing the cost of hedging. However, there have also been hurdles to putting...

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Five Questions Every Modern CFO Should Ask to Maximize Growth

Discover key strategies and insights for modern CFOs to unlock the potential through effective cash and risk management to maximize growth and profitability.

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FX Value at Risk Solutions

Join us to get introduced to the powerful set of Value at Risk Based Analytics and Hedging Solutions within Kyriba’s FX Solution Suite for Balance Sheet Exposure Management.

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FX Value at Risk Fundamentals

Join FX Experts Andy Gage and Jeff Goggins in the insights packed session on how to apply Value at Risk analysis concepts within modern FX risk management programs. These concepts can enable FX managers to reduce portfolio risk in the most cost effective way and deliver actionable risk management strategies.

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How to Maximize the Value of Your Kyriba Application

Using a Treasury Management System (TMS) can help organizations monitor cash flows, automate processes, prevent fraud, and make informed liquidity decisions to stay competitive in today’s uncertain economy. Looking to improve their cash visibility and cash forecasting, Bray International chose Kyriba’s TMS solution to tackle their cash management challenges. After a successful TMS implementation, Bray...

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Kyriba Demo Webinar

Wednesday, August 16th | 10:00am SGT | Find out how Kyriba has elevated technology for CFOs and Treasurers around the world. Take a deep dive into the Kyriba Enterprise Liquidity Management platform as we showcase the leading platform for Cash Management & Forecasting, Liquidity Planning, Liquidity Analytics, and Payments.

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IDC MarketScape Names Kyriba a Leader in Worldwide SaaS and Cloud-enabled Enterprise Treasury and Risk Management Applications

Recognized for Vision and Capabilities Helping CFOs, Treasury Teams Reduce Risk and Accelerate Growth SAN DIEGO – August 3, 2023 — Kyriba, (“the Company”) a global leader of cloud-based finance and liquidity solutions, announced today it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-enabled Enterprise Treasury and Risk Management Applications...

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Why I Chose Kyriba

In today’s rapidly evolving business landscape, selecting the right treasury management system (TMS) is crucial for companies seeking to optimize their financial operations. The TMS selection process involves careful evaluation, where the unique needs and goals of the organization are considered. In this panel session from KyribaLive 2023, moderated by Chris Reynolds, Director of Strategic...

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Improving Efficiency and Reducing Fraud through Payments Hubs: A 15-minute Quick Guide

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Preparing for FedNow Instant Payments

Part 2 of 2: Now that FedNow is live, what should companies be doing to prepare to send and/or receive payments via the service? As the Federal Reserve poised to launch its FedNow instant-payment service, Treasury & Risk spoke with Bob Stark, the global head of market strategy for Kyriba and a long-time commentator on...

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Top Three Cash Flow Mistakes Every Treasury Makes

In today’s rapidly changing financial landscape, effective cash and liquidity management is vital for treasuries to ensure financial stability and support an organization’s strategic objectives. However, many treasurers are falling victim to the same cash flow mistakes over and over again – lack of real-time cash visibility, silos of legacy systems and processes and absence...

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IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Treasury and Risk Management Applications 2023 Vendor Assessment

The 2023 IDC MarketScape Report recognizes Kyriba as a leader in enterprise treasury and risk management applications for its superior liquidity management and extensive treasury capabilities.

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FX Turbulence Cost Global Firms $22.5 Billion in First Quarter

Foreign-exchange volatility cost North American and European companies $22.5 billion in the first quarter, when a weaker dollar proved beneficial to US multinationals.

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Rethinking currency risk management amid $22.52bn FX headwinds

Andy Gage, senior VP of FX solutions at Kyriba, talks FX headwinds and solutions deployed by firms to mitigate currency risks.

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Kyriba Demo Webinar Series: Bank Connectivity as a Service

Kyriba connects to over 1,000 banks and more than 10,000 ERP instances, delivering the largest global network for ERP-to-bank connectivity. As one client recently put it, "we aren't in the payment formatting business nor do we want to be." So, how can Kyriba clients eliminate manual payments workload and minimize fraud risks through an end-to-end ERP to bank integration?

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Now’s the Time to Get Ready for FedNow

What does the instant-payments landscape look like now, and how will it change when the Fed enters the market later this month? The Federal Reserve’s FedNow service has been in the works for years. The instant-payment settlement platform will provide an alternative to the Real-Time Payments (RTP) network from The Clearing House, and it’s scheduled...

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Liquidity Risk Management and Governance for Advancing Treasury

When Deloitte asks treasurers the CFO mandate they receive to do their jobs, liquidity risk management is the top response. In fact, about 96% of all the treasurers or treasury organizations polled say that the most critical mandate they receive from their CFO is ensuring the company is safeguarded against liquidity events. The other top...

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Taming FX Volatility with Enhanced Currency Risk Management Strategy

The Kyriba Currency Impact Report for Q1 2023 indicated corporate impacts to earnings from FX volatility have continued to decline from the record high losses experienced throughout 2022 with a total reported aggregate headwind of $22.5B – a quarter-over-quarter decrease of 25.5%. For many, this may be a welcome relief. However, the total aggregate headwind...

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Six Financial Risks Kyriba Can Help CFOs Tackle in 2023

As the role of the chief financial officer (CFO) continues to evolve, so do the financial risks they face in today’s dynamic business landscape. In 2023, CFOs are confronted with an array of challenges, ranging from regulatory compliance to cybersecurity threats and economic volatility. This blog focuses on the current financial risks CFOs encounter and...

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Kyriba’s Currency Impact Report: Multinationals’ FX Headwinds Wipe Out $22B in Revenue

July 2023 Report Reveals Inflationary Pressures Led to Fourth Largest Impact on Record; 45% Year Over Year Spike in Headwinds to North American Corporations SAN DIEGO – July 18, 2023 — Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in...

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Kodak Excels with Automated Treasury Reporting

Kodak harnessed Kyriba’s automated treasury reporting function and enhanced its efficiency. Discover how the organization made the transformation.

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International Treasury Centers Unlock Global Cash Visibility

During the pandemic, most organizations have experienced unexpected fluctuations in their cash and liquidity levels due to the volatile, unsettled global economy. Treasury operating models have a direct correlation to how well cash positioning and liquidity forecasting is delivered and executed.

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The Merits of a Platform Utilization Study

When Kyriba presented the option of a platform utilization study to the treasury team of Health Care Service Corporation (HCSC), they seized the opportunity. Their treasury team wanted to understand how HCSC was using their treasury management system (TMS), as well as the processes built around it, since the system implementation. A panel discussion at...

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Discovering Treasury’s Role in Supply Chain Finance

Supply chain finance (SCF) is a way for companies to better manage their working capital and leverage opportunities made available by high interest rates, recent developments in supply chain management, and strong relationships between buyers, suppliers, banks, and other solution providers. After providing important background information about the opportunities and developments in supply chain finance,...

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Seamless API Integration Helps Treasury Get the Most Out of Cash

With cash being more important than ever and increasing pressure to make the most out of their excess reserves, treasury professionals must deploy the necessary tools for quick and easy deployment of excess cash. A panel session at KyribaLive 2023 discussed how Kyriba and global investment portal ICD’s partnership is transforming the way that treasurers...

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Navigating Financial Flux: CFOs Perspective on Strategic Treasury Management

While corporates have enjoyed an unprecedented financial boom for years, the recent volatility in the global markets is an indicator of changing times that could bring sharply rising interest rates and the end of cheap money. The recent demise of Silicon Valley Bank is a wake-up call to the purpose of capital and liquidity requirements and the importance of strategic treasury management.

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Kyriba SAP Integration

Unleash the Power of Enterprise Liquidity Management with SAP and Kyriba: The certified Kyriba SAP integration, including SFTP and API integration, seamlessly connects SAP with Kyriba to automate the workflow between the two platforms.

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Kyriba & Goldman Sachs Asset Management Mosaic

Kyriba’s Treasury Management System now connects with Goldman Sachs Liquidity Solutions Platform, Mosaic, expanding options for treasurers and increasing ways to keep surplus liquidity invested faster and longer. The partnership streamlines investments, creating an end-to-end workflow for investing in money market funds and introducing on-demand connectivity to third-party banking and fintech services.

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Kyriba Leads Real-Time Liquidity and Payments Surpassing 100 Million API Calls

Kyriba reaches milestones with API calls and connectors for instant payments, real-time bank statement reporting, payment fraud prevention and liquidity management SAN DIEGO – June 29, 2023 — Kyriba, (“the Company”) a global leader of cloud-based finance and liquidity solutions, announced today that the Kyriba platform has processed more than 100 million application programming interface...

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Harness the Power of Treasury Analytics

“There were 5 exabytes of information created between the dawn of civilization through 2003,” Eric Schmidt, still the CEO at Google in 2010, once proclaimed, “but that much information is now created every 2 days, and the pace is increasing.” Today, data has already become a ‘norm’ for almost all businesses. At KyribaLive 2023, Vincent...

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Liquidity Planning Demo: Optimizing Cash and Liquidity in Kyriba

A showcase of Kyriba's cash and liquidity management capabilities. Our presentation team will demonstrate how Kyriba clients use our platform to transform their approach to cash and liquidity planning.

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How Treasury Can Benefit from the Government Threatening to Default

Corporate treasury teams can leverage the recent debt-ceiling standoff to improve their preparedness for future crises. One of the most important lessons learned from the recent debt-ceiling standoff is that the U.S. government is capable of having cash flow problems. Obviously, U.S. Treasury Secretary Janet Yellen faced a very different situation than the typical corporate...

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How Streamlined Bank Connectivity Enhances Business Performance for the Office of the CFO

In today’s fast-paced and uncertain business environment, the role of the Chief Financial Officer (CFO) is increasingly complex. A panel session at KyribaLive 2023 discussed how BlackLine and Kyriba, in partnership with RSM, build automated workflows through streamlined bank connectivity for joint clients and support them to enhance business performance. The discussion highlighted the importance...

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Top 3 Cash Flow Mistakes Every Treasury Makes

The cash forecast is once again the most critical tool connecting treasury with corporate strategy and board-level decisions. Companies are expected to increase cash flow and drive a greater return on cash in this higher interest rate environment.

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Improving Working Capital Metrics and Receivables Cash Conversion Cycle

Corporate insolvencies are expected to grow in 2023 as energy prices, interest rates and direct lending costs increase. The faster companies can improve their cash conversion cycle, the less working capital will be required to support the business, and the higher the certainty of future cash flows. In this KyribaLive 2023 session, Kyriba Working Capital...

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Six Questions Every Treasurer Should Ask About How to Forecast Cash Flow

Consistent cash flow forecasting is arguably the holy grail of corporate treasury. Treasurers are tasked with a tremendous responsibility to predict the future cash flow performance of their organization. From securing liquidity for internal customers to providing free cash flow guidance and variance analysis to the board of directors, cash forecasting in treasury management is...

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Elevating the Business Case for a Digital Treasury Transformation

The economic uncertainty and volatility in the market today is causing many organizations to turn to cost-cutting initiatives to ensure business longevity. While most businesses are planning to maintain their budgetary allocations for investment in their people and technology, treasury departments could still face obstacles, including limited budgets and competition with other projects. Therefore, the...

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RSM Partnership Delivers Treasury Operation Success at CSIG and More

RSM US LLP is continuing to invest in its treasury operation and is a premier partner to the Kyriba organization. RSM is the fifth largest audit, tax, and consulting firm in the United States with 87 offices and over 14,000 professionals. Globally, RSM has over 51,000 employees in 124 countries supported through our member firm relationships, while generating total revenue of approximately $7.3 Billion. In short, RSM has global reach, national strength, and a local touch to be able to work with clients of all sizes and geographies.

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Warner Bros. Discovery’s Treasury Transformation with Kyriba

When Warner Bros. Discovery completed its merger in 2022, it created an opportunity to review and overhaul the treasury function. The result was a treasury that streamlined and rationalized processes and responsibilities, leveraging Kyriba to drive new levels of efficiency. In this panel session from KyribaLive 2023, Warner Bros. Discovery and system implementation partner Actualize...

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Payments Resilience: Top Three Strategies to Eliminate Payments Fraud Risks

Payments fraud continues to plague treasury and finance departments, as criminals’ methods are continuously evolving. From new threats like deepfake technology to old standbys like business email compromise (BEC), financial professionals cannot afford to be complacent when it comes to payments fraud risks. Being proactive is imperative when it comes to fraud protection. Organizations need...

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Centralizing Payments with an In-House Bank to Fully Optimize Working Capital

What is in-house banking (IHB)? Why can centralizing payments with a TMS and IHB can bring efficiency gains to global organizations? Find answers in this eBook.

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Sabre, Varsity Brands, CHFA and International Seaways: Treasury Success with Elire and Kyriba

Elire is a Kyriba Platinum Plus Partner with over 18 years of experience helping clients implement successful Treasury Management Solutions.

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Cash Forecasting 2.0: The Emergence of Liquidity Planning

The CFO no longer cares about your cash forecast! They need more. CFOs are focused on meeting free cash flow targets and require real-time insight to proactively manage liquidity across the enterprise to reduce vulnerability to rising rates and unlock growth.

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Making Your Treasury Cash Forecasting Actionable

Treasury cash forecasting has become an integral part of an organization’s financial operations, as budgeting and forecasting allow organizations to be more forward thinking. With interest rates on the rise, FX volatility, supply chain challenges and the possibility of a recession looming, this forward-thinking mentality has become increasingly important for organizations. Unfortunately, a 2022 IDC...

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Transforming into a Data-Driven Treasury

Each year, AFP Pinnacle Award winner Health Care Service Corporation (HCSC) becomes more data-driven, and a panel session at KyribaLive 2023 reveals how HCSC transformed their treasury operations into a data-centric system, unlocking cash flow, optimizing working capital, and unleashing 1,000+ hours of productivity. In this blog you will find a summary of this inspiring...

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Volatile Times Require Effective Working Capital Solutions

In this e-book, you will gain an understanding of how supply chain finance (SCF), dynamic discounting and receivables finance can create a win-win solution for both buyers and suppliers while enabling treasury and procurement to work hand-in-hand to deliver working capital improvements.

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AFP 2022: Kyriba Client Testimonials for Enterprise Liquidity Management

Organizations from many industries and of various sizes have embraced Kyriba for their enterprise liquidity management needs.

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FilmRise: Implementation of the Year Award Runner Up

Awarded to the company that had a clear project plan, stuck to it, and maintained the project discipline to achieve a go-live date with great success. Nominated by 3PO Consulting.

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Orix: Fraud and Compliance Masters Award Winner

Recognizing best-in-class performance in payments fraud solution and compliance management.

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Debt deal welcomed by investors, though risks loom

Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the White House and House Republicans late Saturday would avert...

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Accelerating Your Business with Compelling Real-Time Payments Use Cases for Treasury and Finance

Making Real-Time Payments a Reality for Finance and Treasury
Real-time payments initiatives are proliferating all over the globe and while many countries have jumped on the bandwagon with various real-time payments use cases, corporate adoption has lagged. But to build the business case for implementing real- time, treasury and finance departments need to identify more business relevant use cases.

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Williams-Sonoma: Achievements in Productivity Award Runner-up

Awarded to the company that has posted significant gains in productivity, freeing up treasury's time to focus on more strategic initiatives. Nominated by 3PO.

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Unprecedented FX Volatility in 2022 is a Wake-up Call for CFOs

The most recent Kyriba Currency Impact Report confirms the unprecedented wild ride in FX volatility for the calendar year of 2022. Cumulative reported aggregate impact for 2022 was just shy of $170 Billion, by far the largest annual aggregate impact since the Currency Impact Report has been tracking Corporate FX Impacts to financial performance. Regarding...

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Warner Bros. Discovery: Implementation of the Year Award Winner

Awarded to the company that had a clear TMS implementation project plan, stuck to it, and maintained the project discipline to achieve a go-live date with great success. Nominated by Actualize Consulting.

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Currency Swings Shave $29 Billion off of Profits

In Q4/2022, global FX markets were costly for North American companies, but less so than in Q3/2022. Swings in global foreign exchange (FX) markets cost the companies about $28.9 billion in the last three months of 2022, according to Kyriba Corp. That puts the total amount of North American corporate profits lost due to currency...

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Wild Currency Swings Shaved $29 Billion Off of Corporate Profits

Firms saw impact from euro, Canadian dollar in fourth quarter of 2022. Kyriba data shows that volatility in FX markets was a major factor in 2022.

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Currency Volatility Places CFOs in “Tenuous Position”: Kyriba

The latest quarterly Kyriba Currency Impact Report finds that the currency impact in Q4 2022 on corporations in North America and Europe was the third highest since the company started tracking results at over $32 billion.

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Currency fluctuations’ effect on North American companies fell in fourth quarter, report shows Reuters

The negative impact of currency fluctuations on North American companies’ results fell in the fourth quarter of 2022 compared with the previous quarter, data from treasury and financial management firm Kyriba showed on Thursday.

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Kyriba’s Currency Impact Report: Multinational Corporations Quantify FX Impacts Totaling Near Record $32.21 Billion

FX Volatility Leads to Third Largest Quantified Earnings Impact to Date as CFOs Continue to Struggle with Currency Risk SAN DIEGO – May 18, 2023 — Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe with...

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American Honda, Improving Liquidity Management with Kyriba & ICD

With continued uncertainty in financial markets and the economy, managing liquidity and diversifying cash investments is top of mind for many treasury professionals. In this webinar, American Honda shares how they use Kyriba’s ICD API integration to mitigate risk while getting the most out of their working capital.

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How American Tire Distributors Gains Cash Flow Visibility with Consolidated Cash Reporting & Debt Management

Efficient financial management and cash flow visibility are critical for an organization’s success. Recently American Tire Distributors (ATD), one of the leading tire distributors in North America, discovered the importance of streamlining treasury operations was necessary to meet leadership’s expectations. At KyribaLive 2023, Ryan Hutchinson, former ATD treasury analyst and Mike Kapala, the finance automation...

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What is Receivables Finance?

Receivables finance, also known as invoice finance, is a type of working capital facility that enables businesses to borrow against unpaid invoices. Receivables finance helps businesses to improve their cash flow by unlocking the value of invoices they’ve already issued, allowing them to access funds immediately instead of waiting for their customers to pay.

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New York Life Investments: Payments Innovator Award Winner

Awarded to the company that has minimized fraud, standardized and streamlined payment processes.

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Costco and Phillips 66: Treasury Operations Client Success Award Winners

Chosen by Kyriba's Client Success Team for best-in-class performance across treasury operations.

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Nucor: Payments Innovator Award Winner

Awarded to the company that has minimized fraud, standardized and streamlined check payment processing. Nominated by 3PO Consulting.

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What is Treasury Data Analytics?

Treasury data analytics is the practice of using data analysis techniques to gain insights into a company’s treasury operations.

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HF Sinclair: Treasury Transformation Award Winner

Awarded to the company that embraced technology for optimal transformation and efficiency of their treasury department.

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Charter Communications: Winner of Achievements in Productivity Award

Awarded to the company that has posted significant gains in productivity by creating fully automated cash and investment workflow, freeing up treasury's time to focus on more strategic initiatives. Nominated by ICD.

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Otis: FX Optimization Award Runner Up

This award, sponsored by Kyriba partner and client Oanda, honors the company that has embraced Kyriba's FX module, and made great strides in managing FX exposure and risk.

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Building a Global Payments Factory – Beam Suntory’s Transformation Story

Operating on a global scale can lead to various challenges for an organization, particularly when it comes to payments processing, payments centralization and payments optimization. This is true for Beam Suntory, the world’s third largest producer of distilled beverages and spirits. A long-time user of Kyriba as a treasury management system, Beam Suntory realized the...

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MetLife: Fraud and Compliance Masters Award Winner

Recognizing best-in-class performance in payments fraud prevention and compliance management.

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Liquidity Planning Demo: Real-time Decision Support – Kyriba

May 18 | 11:00am SGT | Join Kyriba on 18th May 2023 at 11am SG time and find out how Kyriba’s Cash Management, Liquidity Planning and Liquidity Analytics modules enables treasury teams and finance leaders in treasury to proactively manage cash and liquidity lifecycles end-to-end.

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National Veterinary Associates: Treasury Transformation Award Runner-Up

Awarded to the company that embraced technology for optimal transformation and efficiency of their treasury department. Nominated by Elire and PWC.

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Why Digitalized Bank Connectivity is the Key to Optimizing Cash Deployment

Your liquidity can be used as an asset to create value for your organization. Find out how bank connectivity can give you a competitive advantage.

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KyribaLive 2023 Recorded Sessions

KyribaLive is where treasury and finance leaders engage, connect and transform. See all the recorded sessions.

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Eastman Chemical: FX Optimization Award Winner

This award, sponsored by Kyriba partner and client Oanda, honors the company that has embraced Kyriba's FX module, and made great strides in managing FX exposure and risk.

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What is Cash Forecasting?

An overview of cash forecasting, its importance in cash management, and cash flow forecasting techniques businesses can use to improve financial planning.

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Best Practices for Designing Your Treasury Management System

Download this ebook to learn how you can prepare your team for a successful implementation and achieve the most value from your TMS.

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Interview with Kyriba: Making Liquidity Planning Actionable in Real-time

Originally posted on InvoiceFinance.com by John Goodden I recently sat down with Bob Stark, Global Head of Market Strategy at Kyriba. He was nice enough to answer a few of my questions about Kyriba’s operations, ESG and the current banking problem. Below is the interview. I read on your website that Kyriba has been in...

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Kyriba and U.S. Bank Enable APIs for Real-time Treasury

The API-powered connectors enable real-time treasury by allowing clients to pay, get payment confirmation & account balance within the Kyriba dashboard.

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What are the Key Steps for Selecting the Right ERP Software?

Article By Steven Otwell, Director of Payments, Kyriba and originally published on https://erpnews.com Selecting the right ERP software is a critical and daunting task for any business leader who takes on the responsibility to enable greater access to resources and information from which the company is sustained and thrives. Paramount to this equation is secure...

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FX Exposure Management for Oracle

Kyriba’s currency risk management solution integrates with Oracle to extract data for in-depth visibility into exposures, analysis & risk mitigation.

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What are APIs in Treasury?

Application Programming Interface (API) is an interface provided by one application for other application(s) to communicate with it. APIs in treasury management software connect different systems to share cash data or execute cash management and payments workflows automatically and in real time. Despite the fact that APIs are relatively new to treasury and corporate banking,...

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Beam-Suntory’s Global Treasury Management Transformation: Strategic Treasury to Optimize Liquidity and Protect Growth

Beam Suntory’s Treasury transformation modernized their operations in a decentralized environment, and with the added complexity of navigating global volatility.

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Embedded Finance to Embedded Treasury: Are Corporates Ready for the Transition?

Embedded finance is the practice of integrating financial services within non-financial platforms and services with the objective of delivering the financial service at the “point of need”. In the not-so-distant past, accessing financial services such as payments, lending, and investments required either a visit to the bank or a redirection to a financial services provider’s...

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Time for CFOs to Uncover Worrisome FX Risk Management Issues

An insightful report from Deloitte, How to Uncover Hidden FX Risks, highlights the need for CFOs to stay on top of worrisome FX risk management concerns. The report urges CFOs to uncover FX risks that seemingly hide in plain sight, whether they are on a company’s balance sheet or in different intercompany transactions. Although the...

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The Biggest FX Problem (That No One Talks About)

In this ebook, we reveal the most common types of accounting errors, breakdowns in accounting controls, system configuration issues, and process deficiencies leading to unnecessary FX risks.

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FX volatility calls for stronger cash management strategies to reduce impact on earnings

This article was originally published on cfo.com. Currency risk management needs to be a priority for CFOs this year amid growing FX volatility, latest research from Kyriba concludes. Currency volatility continues to be a major challenge for multinational corporations, with the impact of FX exposures leading to significant swings in earnings. Insights from Kyriba’s Currency...

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FX Volatility Builds TMS Business Case

Tuesday, May 2 | 11:00am ET | 4:00pm GMT | Securing budget for a treasury project during heightened volatility becomes easier when ROI can be achieved in months, not years. FX Risk management has been proven time and again to realize quick ROI gains, dramatically improving approval and success from internal stakeholders.

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Kyriba and U.S. Bank Accelerate Real-Time Payment Enablement for Businesses

Solution Allows Clients of Both Companies to Easily Send Faster Payments Within Their Existing Kyriba Dashboard San Diego and Minneapolis — Kyriba, a global leader of cloud-based finance solutions, and U.S. Bank announced today that they are working together to ease the process of enabling real-time payments for businesses. With new API-powered payment connectors, clients...

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Bank Volatility Reaffirms the Need for Bank Scorecards

Bank scorecards have largely fallen by the wayside in recent years. Part of the reason why they are largely forgotten is because of the level of effort involved in manual data collection across multiple banks, as well as continued updating and maintenance. The process can take up to a week’s worth of time to update...

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Unlocking the Potential of AI in Treasury Management

This eBook explores the use cases for AI in treasury management and corporate finance, as well as the barriers preventing mass adoption of the technology. These technologies are applicable in cash and liquidity management, payments fraud detection, documentation of treasury processes and more.

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What is a Treasury Management System?

A Treasury Management System (TMS) is a software application that allows companies to process cash flow, manage banking relationships and enhance the value of their cash flow. A Treasury Management System can help companies manage their assets, liabilities and bank accounts through automation and integration with third-party applications. A TMS provides real-time visibility into cash...

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Get Strategic about Liquidity Management with a Supplemental Treasury Management System

Advanced treasury management and data-delivery capabilities enable finance organizations to see their global cash, liquidity, and risk exposures and create value for the business.

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Develop Leading FX Risk Management Programs Through Automation

Nearly every company doing business beyond its own borders faces the challenge of developing cost-effective FX risk management programs, and each year corporations incur billions of dollars in currency related losses due to global currency volatility. Even small organizations with modest international operations can be impacted by currency exposures if treasury fails to effectively manage foreign exchange (FX).

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How Benchmarking Enables Treasury Project Funding & Success

Benchmarking can be a critical tool in helping treasury secure a budget, providing the CFO and other key stakeholders with a clearer understanding of current state vs. future state gaps and potential return on investment (ROI) in filling those gaps. This enables stakeholders to make more informed decisions about whether to fund the project. In...

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Working Capital Offers an Advantage in Times of Volatility

What seems to be an endless news cycle of uncertain economic headwinds has resulted in continuous corporate strategy refinement and the need for real-time insights into working capital impact. This economic pressure has resulted in a laser-eyed focus on strategic working capital management for CFOs. In this blog, part of our Value Engineering Series, we’ll...

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Kyriba Liquidity Analytics

Kyriba Liquidity Analytics gives CFOs and treasury the superior visualization and analysis to manage enterprise-wide liquidity. Find more in this factsheet.

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The Four Reasons SVB is a Wake-Up Call to Automate Treasury

CFOs’ worst fears for cash and financing tied directly to Silicon Valley Bank appear to have been alleviated by the U.S. Government’s takeover of the bank. But anyone thinking the crisis is over missed the lesson completely. The learning opportunities for corporate boards and treasury management are abundant and all are pointing to a strong...

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Demo Series: Kyriba FX to Mitigate Currency Risk

FX Risk Management is one of the most difficult objectives handed to a CFO’s organization. Touching not only all key areas of Treasury, Accounting & Finance, but also necessitating coordination with operations & lines of business.

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3 Risks to Make Your CFO Approve Your Treasury Project

You have completed the necessary legwork and are prepared to propose a treasury management system (TMS) to your CFO. But are you ready to explain the value a TMS will provide your CFO? In this blog, which is part of our Value Engineering series, we will explore why treasury should focus on risk management when...

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Kyriba Mobile

Kyriba Mobile securely extends core treasury and payments functions from desktops to mobile devices, allowing informed, real-time decisions on the go.

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The Risks of Not Adopting a Treasury Management System

When evaluating the implementation of a treasury management system (TMS), there will always be the inevitable question of why? Each company has processes in place that have worked up until now, so why should we fix today what isn’t broken? Although current processes have worked in the past, there are many risks associated with maintaining...

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What is Liquidity Planning?

Liquidity planning is an evolution of traditional cash forecasting surrounding the cash forecast with data which supports better-informed liquidity decisions.

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What are Corporate Payments?

Corporate payments, or B2B payments, usually refer to the financial transactions made by a company or corporation to pay for various expenses related to its business operations. These payments may include salaries, wages, bonuses, and benefits for employees, payments to suppliers and vendors for goods and services, taxes, rent or lease payments for office space...

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Data: The CFOs Secret Weapon for Cash Forecasting Accuracy

Can what’s past be a prologue for cash forecasting? When using statistical modeling and machine learning, yes. CFOs and treasurers have more historical data at their disposal than ever before. If used correctly, forecasts can become more accurate and actionable. Improving Cash Forecasting Accuracy In the past, businesses would use simple historical models to predict...

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KyribaLive Returns April 10-12 to Engage, Connect and Transform Treasury and Finance

Annual Conference to be Held in Phoenix will Empower Treasury and Finance Leaders to Optimize Liquidity, Harness Data and Drive Growth Kyriba (“the Company”), a global leader of cloud-based finance and IT solutions, today announced details for KyribaLive 2023, in Phoenix, a three-day in-person event bringing treasury and finance professionals together to network, celebrate innovation,...

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Receivables Finance Offers Extensive Working Capital Value

Late payments from customers can negatively impact both a company’s cash position, as well as its working capital. If such behavior persists, then the business and its financial health could be in danger. Receivables finance is a useful strategy to mitigate this risk. What Is Receivables Finance? Receivables Finance is a technique that provides organizations...

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Russia & China Likely to Fail in Attempt to Topple US Dollar

Russia’s attempts to topple the US dollar are unlikely to work, even as the country partners with China on an alternative reserve currency.

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FedNow vs. RTP: Make the Right Decision for B2B Payments

This year will mark the emergence of FedNow, the second real-time payment network and the public sector alternative to The Clearing House’s (TCH’s) RTP® network. The Fed and TCH have historically operated public and private sector payment neworks for both low-value batch payments (i.e., FedACH and ACH) and large value payments (i.e., FedWire and CHIPS)...

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FX Volatility Builds the Business Case for Treasury Software

In my experience as a treasury practitioner and consultant, I have repeatedly observed the difficulty of getting budget approval for purchasing a treasury management system (TMS). Treasury typically needs to demonstrate to the CFO how adopting a TMS will benefit the entire organization, but competing with other project requests can be quite the shark tank....

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Identifying the ROI in a Treasury Transformation Project

How do you truly identify the total value of implementing a treasury management system (TMS)? While some aspects of a treasury transformation project may seem black and white, other value components are difficult to quantify, and many are often overlooked completely. When evaluating the ROI of a treasury initiative, it is important to ensure that...

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What is Open Banking for Corporates?

Open banking is a banking practice that gives consumers full control over their own banking or financial data so that they can decide whether any third-party financial service providers can access the data to provide them with better products and services. That’s why it is also known as “open bank data”. Open banking is enabled...

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What are Real-time Payments?

Real-time payments are a payment type where the transmission of the payment message and the availability of “final” funds to the payee occur in real time or near-real time and on as near to a 24-hour and seven-day (24/7) basis as possible. Real-time payments are designed to be as close to 24/7 as possible, meaning...

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Measuring Recent Trends in Liquidity Management

In the early days of the COVID-19 pandemic, companies rushed to increase liquidity. While most industries have returned to near pre-pandemic operations, Kyriba examined how liquidity levels have changed since the onset of the pandemic and the implications for CFOs and treasurers going forward. Reviewing quarterly liquidity levels from December 2018 through December 2021, Kyriba...

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Managing Global FX Risk

FX volatility is at a 20 year high, and coupled with high interest rates, the challenge of delivering predictable earnings guidance against a tightening budget has become a top priority for CFOs.

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Treasury’s Strategic Role in Liquidity Planning

The time is right to evolve cash forecasting. By Thomas Gavaghan | VP of Global Presales, Kyriba Corporate treasury and finance teams are grappling with a number of crises—record-setting inflation, foreign exchange (FX) volatility, supply-chain shortages, and tightening of credit, to name a few. Together, these challenges are impacting every stage of the cash flow...

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Lowe’s Uses Bank Fee Analysis to do it Right, for Less

The scale of Lowe’s bank account environment is extremely large, with over 2000 bank accounts with 33 banking partners. Prior to Kyriba, the treasury department used a third party application for bank fee analysis, and the process was extremely cumbersome, taking 2 full days to complete, resulting in just a summary of numbers with no analytical work.

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Liquidity Planning Demo: Thomas Gavaghan

In a high interest rate environment, coupled with increasing volatility, CFOs and Treasury leaders are demanding more robust and real-time controls over their liquidity. This demo webinar will demonstrate the value of Kyriba’s liquidity planning solution.

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Kyriba’s EcoFolio: Treasury Insights in Your Pocket

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Why Small and Midsize Companies Focus on Foreign Currency

Growing internationally should be a challenging yet exciting chapter in every mid-market companies’ story. International business activity results in a wide range of foreign currency (FX) denominated transactional situations, all of which have costs and considerations. In order to keep the headaches, (due to inefficient processes and negative economic impacts) to a minimum, mid-market companies...

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Best Digitisation Solution Winner: DT One

In the past, this fast growth company faced significant operational risk issues and onerous banking processes with multiple bank accounts with multiple different banks due to its unique business model while lacking digital solutions or connectivity. A few major challenges defined “The Big Problem.”

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Partner Registration

Sales Certification Content Partner Sales Enablement Program 3-day Instructor Led training (virtual) Product focus: Treasury and Payments Topics include domain and industry business challenges, selling to the economic buyer, primary customer business drivers, competition, pricing, and Kyriba’s differentiators. Hands-on exercises 15-min recorded pitch by partner participants Registration To receive the Sales Enablement Certification, attendees...

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Overall Winner Best Digitisation Solution DT One

Table of ContentsTeam of Four Solve “The Big Problem” at DT OneThe ChallengeThe SolutionBest Practice and InnovationKey BenefitsAbout DT One Team of Four Solve “The Big Problem” at DT One William Tan, Kyriba, Neo Zi Xin and Vincent Fu, DT One The Challenge In the past, this fast growth company faced significant operational risk issues...

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What is Payment Fraud?

Payment fraud is a prevalent financial crime in today’s global and connected business world. It usually involves a fake or illegal money transfer committed by a criminal. It victimizes many organizations both in terms of financial losses and reputational damage. Table of ContentsTypes of Payment FraudWho Is Responsible for Fraud Prevention in a Company?Main Challenges...

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What is Connectivity-as-a-Service?

Connectivity-as-a-Service (CaaS), or corporate ERP to bank connectivity as a service in treasury and corporate payments management, is to provide quick onboarding and secure connectivity services to businesses so that they can be released from the workload of building and maintaining those connectors by themselves with cost efficiency. By choosing Connectivity-as-a-Service, organizations can reduce time...

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Game On! Riot Games Combines Kyriba & ICD for Maximum Benefit

Bogged down by manual processes and lack of resources, the treasury team at Riot Games opted to level up their technology by implementing a TMS and an independent investment portal. Riot Games is a developer and publisher of many popular gaming titles, including League of Legends, which launched in 2009 and remains popular around the...

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The Winning Formula for Your ISO 20022 Payments Migration

The lack of payment messaging standards around the globe has been a major issue for payment factory or payment hub modernization. Is Your Business Ready for ISO 20022 Payments Migration?

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A New Practice Area Emerges for CFOs: Enterprisewide Liquidity Management

The IDC White Paper commissioned by Kyriba validates the emergence of a new practice area in Enterprise IT that includes risk management, payments, real-time connectivity, treasury management and working capital optimization.

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Optimizing Liquidity Management from the Top Down

Timing is everything in cash forecasting and liquidity management. Delivering the forecast in a timely manner is critical; the faster it is produced, the faster the organization can act upon it. Furthermore, forecasts hinge on critical moments in a timeline; for example, collecting payments when expected allows for the forecast to be accurate. With a...

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Global Finance Magazine Awards Kyriba: Best Cloud FX Solution

Kyriba has recently been recognized for its FX Risk Management solution in Global Finance Magazine’s Gordon W. Platt 2022 and 2023 Foreign Exchange Awards. The company was named as the “Best TMS Provider with FX Module”, “Best Solution for FX Cash-Flow Hedging”, and “Best Cloud Technology FX Solution”. “The maturity and evolution of Kyriba’s FX...

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CFOs Can Improve Earnings Predictability Despite Currency Volatility

Foreign Exchange Risk Volatility Volatility and uncertainty in 2023 have no signs of cooling down as traditional indicators and many financial institutions predict and anticipate a recession to hit this year. Forecasts for the U.S. dollar over the next year are mixed, but it’s safe to say that it will be volatile and unpredictable. While...

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APIs for Finance: Transforming Cash, Liquidity and Payments

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Dollar Strength Wipes Out Record $43 Billion of North American Firms’ Profits

Currency oscillations cost North American companies $43.2 billion in the July to September period — an all-time high since data tracking started a decade ago — according to Kyriba Corp. That’s a 26% spike from the previous quarter, also a record, according to the corporate-treasury management software company. Link to official Bloomberg article can be...

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Popular Tool to Cut Debt Costs Loses Luster as Global Central Banks Hike Rates

Finance chiefs last year took advantage of relatively low rates in other countries by swapping their debt payments into different currencies. Those dynamics are shifting.

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Corporates faced record FX headwinds last year

US dollar volatility will have the biggest impact on APAC treasurers’ ability to predict cash flows and earnings in 2023, the Kyriba team believes.

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Liquidity Planning: The CFOs Guiding Compass for 2023

While there is much to look forward to in the new year, many critical issues are sure to make cash and liquidity management a massive challenge for CFOs. The end of the “cheap money” era, an inflationary environment, a looming recession, a resurgence of COVID-19, FX volatility and more will produce tough challenges for finance...

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Currency fluctuations’ impact on N. American costs rose sharply in Q3

The negative impact of currency fluctuations on North American companies’ results rose sharply again in the third quarter of 2022, data from treasury and financial management firm Kyriba showed on Tuesday. The collective exchange-rate hit, including on companies in the United States, Canada and Mexico, was $43.15 billion in the third quarter of last year...

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Addressing ESG Through Working Capital

There has been a growing awareness in the corporate community that environmental, social and governance (ESG) investing can no longer be brushed off. But for companies to truly make a meaningful ESG impact, they need to include their supply chain in the process. Implementing better working capital management solutions may prove to be the answer...

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Kyriba’s Currency Impact Report: Record $47 Billion in FX Headwinds for Multinationals

January 2023 Report Shows FX as a Material Drag on Financial Results at North American and European Corporations with Total Impacts Reaching $64.22 Billion SAN DIEGO – January 31, 2023 — Kyriba’s Currency Impact Report (CIR), a comprehensive quarterly report which details the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in...

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Building the Business Case for TMS Implementation

Convincing the CFO to approve the adoption of a treasury management system (TMS) almost always requires the treasurer to carefully build a strong business case. During a panel session at a recent Kyriba event, treasurers from multiple companies shared their experiences pitching TMS implementations to their finance chiefs. Establishing a Need for a Treasury Management...

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Liquidity Management is the Lifeblood of Your Business

According to Emmanuel Kant, someone’s intelligence can be measured by the quantity of uncertainties he or she can bear. I think we can also apply this definition of intelligence to organizations and especially to companies. “Liquidity Intelligence” for finance departments is crucial, and during this period of both strategic and operational uncertainty, liquidity is an...

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Global Finance Awards Kyriba Best Cloud FX Solution 2023

Currency exchange risk and currency risk awareness are at a historical tipping point. As international trade continues to grow and global economies become more interconnected, managing currency risk has become a critical concern for CFOs of large corporations. The fast-paced nature of today’s global economy, coupled with increased market volatility and uncertainty, has made it...

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Growing Women Leaders in Treasury and Finance

Steps organizations and individuals can take to build confidence and reduce obstacles to treasury leadership. Confidently climbing the corporate ladder continues to be a struggle for many women in treasury and finance. Several factors—including the male dominance within finance, wage gaps, and persistent gender bias—hinder women’s confidence in their own skills and abilities. Fortunately, there...

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Kyriba on Claman Countdown: Stocks Fall in First Trading Day of 2023

Liz Claman, Fox Business anchor, interviewed Wolfgang Koester, Chief Evangelist of Kyriba, live from Qualcomm in San Diego to discuss the first day of trading. Koester expects US dollar strength to continue, helping to combat inflation, though FX volatility will be a challenge for multinational CFOs. He also emphasized that companies who practice liquidity management...

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Bolt’s Rapid Growth Requires Scalability

Bolt needed a treasury management system to support its growth, mitigate FX risk and manage working capital efficiently. Kyriba provided all that and more.

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3 Ways Liquidity Planning Technology Improves Cash Flow Forecasting Results

The treasurer and CFO are today more closely linked to strategic financial objectives for the CEO, ensuring finance teams provide informed guidance on navigating risks and opportunities. This year, a revolutionary practice area and innovative technology is transforming the value of short and long-term cash flow forecasting with more certainty and analytics, empowering finance with...

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Treasury Excellence: Alexander Hamilton Award Finalists, 2023

The Alexander Hamilton awards recognize the most impressive 2023 treasury transformation projects! Every year Treasury & Risk hosts a prestigious competition for Treasury and Finance professionals. The Alexander Hamilton Awards recognize leaders who have ambitiously delivered novel practices and technology solutions to solve legacy and new finance challenges. Treasury Transformation, Treasury Excellence, Liquidity Management are...

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Xcel Energy’s Treasury Modernization in Regulated Utility World

Table of ContentsRegulatory Requirements Created Unique ChallengesGoals of the Modernization Included:Kyriba Implementation:Big Bang Approach to ImplementationDebt and Investment ManagementIntercompany Management, Payments and Customer RebatesAbout Xcel Energy Regulatory Requirements Created Unique Challenges At the onset of the pandemic, Xcel Energy embarked on a mission to upgrade out of legacy systems and spreadsheets and into a cloud-based...

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Kyriba Analytics

Kyriba Analytics delivers integrated visual dashboards and pre-built data analytics for cash flow management, liquidity management, treasury and risk management, payments management and supply chain finance management modules.

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Top 5 Treasury Practices That Will Change Your 2023

For treasury teams, 2022 was full of extremes. With rapid FX fluctuations, price inflation, rising interest rates, new cash forecasting challenges, global recession fears and more, treasurers head into 2023 facing a lot of uncertainty. In speaking with Kyriba clients and reviewing developments from the past year, we have compiled a list of five key...

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Kyriba’s Cash and Liquidity Management Solution

Kyriba’s Cash and Liquidity Management Solution offers Cash Management, Cash Forecasting, Liquidity Planning and Liquidity Analytics modules for CFOs and treasurers to predict cash and liquidity requirements and make data-driven liquidity decisions.

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Creating A Culture of Elevated FX Risk Awareness

Many organizations responded quickly to the volatile currency markets over the past six to twelve months, and certainly deserve credit for taking swift action to reduce FX risk. However, what if I were to tell you that the best run treasury functions are even a step above that. Rather than being just responsive to foreign...

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Kyriba Liquidity Planning

Cash forecasting has changed post-pandemic, with new practices emerging to predict free cash flow and liquidity more accurately and at greater speed. Kyriba has responded with a completely modernized solution to confidently extend forecasting horizons and support data-driven liquidity decisions.

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Real-time Payments and Large Value Payment Systems

The world of payments is interconnected. Innovations don’t happen in isolation, and often depend on what we are deeply familiar with. It’s a mistake to either completely overlook an innovation or consider it to be an end-all, be-all. Real-time payment1 is one such innovation. It has deep interdependence with the traditional Large Value Payment Systems...

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Align Technology: FX Hedging Program in Alignment with Senior Management’s Goals

"Align Technology, along with Kyriba and Refinitiv FXall, has created a simplified hedging program with rock solid analytics. Senior Management is again confident with the FX hedging program."

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Leveraging SWIFT Bank Connectivity with Kyriba

Kyriba is a fully SWIFT-certified Application, offering Connectivity-as-a-Service for treasurers and CFOs to leverage SWIFT bank connectivity.

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Treasury Management for Mortgage Industry

Kyriba provides the best treasury management solution for mortgage industry to optimize treasury, risk, and working capital for liquidity performance.

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Kyriba Receivables Finance

Kyriba Receivables Finance enables CFOs to unlock funds from outstanding accounts receivable and convert those assets into cash quickly.

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Infographic: Digital Transformation Assessing the Business Impact

KYRIBA VALUE ENGINEERING: A validated, collaborative value assessment for documenting the total value of current state vs. future state. Download the PDF

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Video on The World’s Most Connected Treasury Platform

As the world’s most connected treasury platform, Kyriba has been revolutionizing the treasury and risk management landscape for the past two decades.

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Kyriba Payments Solution for Insurance Companies

Kyriba Payments Solution for Insurance empowers insurance firms with a scalable connectivity and payments solution to tackle back-office system complexity, lack of workflow unification and increased fraud risk.

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Five Payments Takeaways from Money 20/20

From cryptocurrencies to API banking to payments fraud detection, this year’s Money 20/20 conference in Las Vegas had a major focus on fintech innovations. With over 12,000 attendees and 3,000+ companies, the conference continues to be one of the most prominent events in the payments and banking world. Although this wasn’t my first Money 20/20,...

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Kyriba Platinum Support Network

Kyriba Platinum Support Network is designed for our Treasury, Payments and Supply Chain Finance clients in need of our most advanced level of support.

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IT Leaders Expect API Use and Adoption to Increase

API usage and adoption has increased and is expected to expand over the next year, according to a new survey by Kyriba and Gartner Peer Insights. The survey results indicate a clear trend of API use cases such as the quick transfer of data and the seamless integration of disparate systems. Expanded API Use Predicted...

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20-Year USD Highs Driving FX Risk Management Challenges

The Kyriba Currency Impact Report for Q3 2022 illustrates the headaches and challenges that CFOs and Treasurers are contending with related to the strong US Dollar and overall heightened currency volatility. The combination of the USD at a 20-year high and rising interest rates drove the largest reported currency impact in over 10 years and...

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KyribaLive 2022 Recordings

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FX Risk: Optimizing Hedging Costs with Protection is Critical

FX risk is on the rise. Volatility has hit major global currencies, rather than only a handful of the usual emerging market suspects. The result has been the largest magnitude of FX-related headwinds we’ve seen in the 10 years we’ve been tracking global FX impact data. Effective FX Exposure Management Figure 1. EUR/USD 6 month...

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KyribaLive 2024

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Wahl Clipper Multilateral Netting Trims Significant FX Costs

Table of ContentsClear Need for Better Control over FX Exposures and FeesMultiple GoalsMultilateral Netting and Treasury AutomationWhat’s New at Wahl ClipperAbout Wahl Clipper Clear Need for Better Control over FX Exposures and Fees Wahl Clipper saw the opportunity to expand the value of their Microsoft Dynamics 365 ERP investment by integrating with Kyriba to support...

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Applying Technology at Oracle Cerner to Eliminate a $4B Payments Bottleneck

“As a health IT company, we go through extreme efforts to be in compliance and protected. Upgrading and maintaining our own SWIFT BIC would be a continuous drain on IT resources, and our executives quickly approved the Kyriba solution.”

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AI in Liquidity Management: How It Can Assist a Liquidity Manager

Artificial intelligence and machine learning (AI/ML) are emerging treasury technology that have become essential for cash flow forecasting, payments fraud prevention and liquidity management. But is treasury on board and ready for AI in liquidity management? The Difference between ML and AI AI and ML are not technically the same thing. AI is a broad...

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Valuations & Accounting: FX Exposure Management

Kyriba supports derivative and hedge accounting for ASC and IFRS compliance, including mark-to-market for valuations and automated posting of derivative & hedge accounting entries to your ERP.

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ICD Joins Kyriba Liquidity Network With Addition Of Real-time Investments

With ICD and Kyriba bringing real-time treasury to the next level, our organization is able to make investment decisions based on up-to-date account data, fund availability and market data.

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Visit Kyriba at AFP 2022! Booth #717

Kyriba is providing more options than ever to expand your networking, learning, development, and fun opportunities at Kyriba Events. Learn how technology can help your organization face and prevail over current economic trends, challenges and volatility. Whether you’ve seen Kyriba webinars or presentations in the past, or are entirely new to Kyriba, there are product...

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APIs: Enterprise Maturity and Use Cases

Most IT leaders take advantage of APIs to support developers and improve business. With plans to continue their integration of APIs, we investigate the state of API adoption across the enterprise as well as examine both internal and external use cases. What impacts do IT leaders expect APIs to have now and in the future?...

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Amid Inflation Concerns, CFOs Prioritize Automation

CFOs are planning to increase IT and technology spending in the next 12 months, according to a new survey of 200 finance leaders by Gartner. While CFOs are planning to reduce budgets overall, they are clearly seeing value in investment in technology. Automation is an area of focus, as finance chiefs view it as a...

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Treasury Steps into the Advisor Role Crisis After Crisis

From the 2008 global financial crisis to the ongoing COVID-19 pandemic, treasury departments have served as strategic treasury management advisors regarding capital structure, liquidity and finance operations. Without the guidance and leadership of treasury management in these critical moments, many organizations would not have survived. But it begs the question—what can companies do on an...

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Treasury Requirements in the Oil and Gas Industries

Find out how clients in the oil and natural gas industries save on average 659 hours per month using Kyriba solutions.

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One Version of the Truth

Kyriba clients around the world have experienced a revolutionary transformation with Kyriba's constantly evolving and modernizing treasury processes and systems.

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Kyriba In-House Banking Solution

Kyriba’s In-House Banking solution gives organizations the control to access more liquidity faster and more cost-effectively. This factsheet explains how.

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How Mature is your Treasury Department?

Treasury departments aspire to be nimble, data-driven strategic advisors. But this often requires transformation across people, process, and systems. By empowering team members to move away from manual processes and spreadsheets, and embracing leading technology, you can automate repetitive tasks, minimize errors, catch fraud, and make room for value-add, strategic activities. Leveraging a leading treasury...

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FX Risk

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FX Exposure Management For SAP ERP

Kyriba delivers the industry’s most advanced currency risk management solutions with extensive business intelligence capabilities for easy identification and understanding of foreign exchange (FX) risk. We use extract toolkits to collect complete and accurate data from ERP systems and spreadsheets for in-depth visibility into exposures, reliable analysis and informed risk mitigation.

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Kyriba Commodities Risk Management

Kyriba’s Commodities Risk Management solution gives finance organizations the ability to track, value and generate accounting entries for commodities exposures and transactions, alongside FX and interest rate positions already supported in the platform. Kyriba supports a full end-to-end workflow with Position Keeping, Market Valuations and Hedge Accounting.

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Kyriba FX Advisory Services

Kyriba’s FX Advisory Services help your company identify the best path to create, reassess, or revitalize your FX risk management program.

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Client Webinar Series

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Technology Integration Transforms Adobe’s Treasury

Adobe is experiencing substantial growth with a goal of creating a world-class treasury organization and to build a platform that would sustain it throughout the next decade.

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Kyriba’s ESG Framework

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Technology Bridges Skills Gaps for Understaffed Finance Teams

Acquiring and retaining talent is a top priority for many companies in 2022 and beyond. But amidst staffing shortages and new hiring and transition patterns within HR, wide finance skills gaps are highlighted and have many CFOs concerned about the future. In a recent Blackline survey of C-suite executives and financial professionals, a third of...

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How to Benchmark Your Enterprise Liquidity Management Processes

ELM is one of the most critical areas for any organization. It spans Cash & Liquidity Management, Capital Markets & Risk Management, Payments & Fraud, and Working Capital, all of which are paramount to organizational vitality.

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5 Steps to Automate (and Optimize) Your FX Risk Management Program

Companies of all sizes and industries with foreign currency exposures are being impacted by a number of global trade complexities. For many, supply chain disruptions, interest rate, and price index increases are taking a toll on profitability. For many others, the impact from increased foreign currency headwinds is becoming the glaring reality unveiling weaknesses in...

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Perfecting the Cash Flow Forecast in an Uncertain Market

Cash forecasting is an art that is difficult to perfect. Every organization talks about forecasting more effectively, but few allocate sufficient people, time, and technology to build an effective program. Understanding the importance of an accurate cash forecast that can be relied upon for key financial decisions is critical to making the right investments in...

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Cash Flow Hedging in Volatile Markets

Cash flow hedge programs are generally longer term in nature. Positions due to mature were locked months or years ago, and new positions may not impact the P&L for months or years down the road. Despite the longer time horizons, there are still opportunities to make your hedge program more effective when volatility strikes.

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FX Balance Sheet Hedging Guide

Treasury organizations and CFOs have the dual objective of managing risk to an acceptable level while also containing the cost of hedging across their portfolio of currencies. Several best practices stand out that separate the hedge programs that show cracks (or fall apart) under stress, from the best performing hedge programs.

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Kyriba Payments Hub

Inefficient payment processes inhibit supply chains, cash flow and profitability. The need to optimize cash and working capital, combined with the increasing threat of cybercrime and payments fraud, amplifies the need to centralize and standardize corporate payments.

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The Opportunities and Challenges of Real-time B2B Payments

Recently real-time B2B payments have attracted a lot of attention from corporate clients. As a payments practitioner, I have spent over a decade helping clients adopt innovations that digitize the entire customer journey in which B2B payments management tends to be one of the most important steps. For example, in the B2B e-commerce context, a bad...

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Q1 2022 Currency Moves Drive Need for Foundational FX Risk Tools

Q1 2022 CIR Companion Blog The latest Kyriba Currency Impact Report for Q1 2022, which chronicles the impact that currency volatility and currency moves has on reported corporate financial results, illustrates what we have been expecting, the strong dollar run, and currency volatility experienced in the first quarter of 2022 is taking a toll on...

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Kyriba Cash Management AI

Kyriba Cash Management AI empowers treasurers and finance leaders to make smarter business decisions by improving cash flow forecasts with artificial intelligence. Cash Management AI organizes and leverages data so organizations can make forecasting decisions faster, easier, more accurately, and more consistently.

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Infographic: IT Priorities and Technology Selection

Gartner Peer Insights and Kyriba surveyed 200 IT decision makers who are key stakeholders in purchasing new technology at their organization to understand how they are building their vendor ecosystem, in particular surrounding financial and enterprise resource planning software. Download the PDF

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Liquidity Performance Infographic: Kyriba Leading the Way

Kyriba empowers and enables customers to transform the way they access and leverage liquidity to build resilience, generate value, and unlock growth. Download the PDF

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Kyriba Product Overview – Video

Kyriba is the global leader in cloud treasury and finance solutions, delivering Software-as-a-Service (SaaS) for CFOs and corporate treasurers. It provides treasury, risk management, payments, connectivity, and working capital solutions that are all connected in real-time. Our products help customers manage their liquidity and make better decisions with their finances. Watch this product overview video...

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Kyriba Prepares You for Change

Kyriba prepares you for change during times of volatility. How? Kyriba recognizes that CFOs and treasurers in enterprises are facing a rapidly changing business environment, where market volatility, supply chain disruptions, payments fraud, rising interest rates, and counter-party risks are becoming increasingly common and pressing for real-time decision making. To help clients stay one step...

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Key Steps in Establishing KPI’s to Measure Success in Treasury

Learn how Koch, one of America’s largest privately held companies, put technology to work to centralize Treasury functions and achieve strategic level maturity.

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Barilla Group Shares the Recipe for Treasury Success

Giangaddo Prati, CFO and CIO of Barilla, discuses the evolving role of the CFO and Treasury in today's market with Andrea Delvo, Managing Director of Kyriba Italy.

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Kyriba and Kelkoo: A Group Case Study Video

A fully realized digital transformation of treasury involves effective cash management, accurate cash forecasting, and real-time cash positioning within a consolidated view. Without it, it is nearly impossible to support treasury & finance’s’ short-, medium- and long-term decisions. It is the goal and the most fundamental responsibility of treasurers to have full 100% cash visibility...

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Bitesize Webinar: The Role of AI in Liquidity Management

Emerging technologies are changing the way finance functions operate, opening up new opportunities for treasury and enabling teams to deliver increased value to the organization. As a new decade emerges, executives are looking to artificial intelligence and machine learning as a means for enhancing overall operations.

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Supply Chain Finance for Mid-Sized Businesses

Kyriba delivers ways for small and mid-size (SME) company buyers and their suppliers to mutually strengthen their supply chains that gives faster access to inbound liquidity.

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Why Did Kyriba Build an App Marketplace?

Kyriba’s decision to build an app marketplace came from a desire to provide our customers with the latest technology, while fostering innovation in the API space. As organizations’ needs shift and evolve, we want to ensure that all those needs are addressed—whether through our own capabilities or through technology developed by our partners. Creating a...

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Kyriba Delivers Greater FX Insights with Portfolio VaR Analysis

Kyriba Delivers Enhanced Insights into Your Exposure Management and Hedging Programs with Correlated VaR Analysis. This factsheet explains how.

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Cooke Aquaculture Unlocks Liquidity with In-House Bank and Payment Factory Successes

In 2020, Cooke Aquaculture introduced Cooke Bank as a concept for centralizing its global liquidity and FX exposure.

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How Treasury’s Data Transformation at HCSC Reduced Working Capital from $4B to $25M

In 2018, HCSC’s treasury team embarked on a multi-year project and began operating under a new organizational mandate to provide an elevated level of strategic guidance to the CFO, Treasurer and Board of Directors. Treasury was given the opportunity to become an agent of change and an integral part in running the company’s operations by leading an enterprise wide transformation project: Deliver real-time BI analysis and unlock idle liquidity to better prepare the company to take action when a crisis hits.

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Robust Reporting Propels Delaware Life’s Productivity

“We moved from the stone age to Kyriba, which is obviously the premier Treasury Management System in the industry, saving us a ton of time and effort.”

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Myths and Facts: Everything You Need to Know About APIs

APIs are one of the most talked about technologies in 2022, as finance leaders look to make their treasury and payments operations more real-time and responsive to market volatility. APIs are critical to the future of bank connectivity, yet they offer significantly more value than connecting treasury and ERPs to banks.

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Kyriba Value Added Services Packages

Kyriba Value Added Services Packages provide a flexible and seamless way for Kyriba clients to purchase professional service hours in bundled packages, providing cost savings and efficiency to accelerate time-to-value of consulting engagements. Ideal for Kyriba Value Added Services Packages Organizations with ambitious treasury digitalization roadmaps, or foresee organizational growth Treasury and Finance Departments with...

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Kyriba Value Engineering

Kyriba Value Engineering is a structured approach and a part of Kyriba's client engagement methodology to ensure customers have a clear path to successful business outcomes.

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Adopting Real-Time Payments with Kyriba

The terms “fast”, “faster”, “real-time” and “instant” are often used interchangeably to describe new payment options. These terms generally apply to payments using modern payment infrastructures in which the transmission of the payment message and the availability of ‘final’ funds to the payee occur in real time or near-real time as near to a 24/7 basis as possible.

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Hunt Companies’ Early Adopter Strategy for Real-Time Payments Sees Immediate Cost and Efficiency Gains

Hunt Companies is at the forefront of the Real-Time Payments (RTP) movement. Adopting the technology to lower bank wire fees and reducing the time spent correcting rejected payments has already provided significant gains in both hard and soft savings.

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Ingram Micro Sees Day One Success From Implementation of the Year

“During our implementation, we took the Big Bang approach of replacing our previous TMS, Payment Factory and many home-grown tools all at once. On Day 1 of “Go Live” we were successful in connecting to our banks and making payments in over 20 currencies, with more than 250 users trained in 18 countries.” Scott PaulyTreasury...

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Kyriba Customer Testimonials: Climbing the Summit with Our Clients

Hear first-hand from Kyriba clients how treasury transformation was realized through Kyriba’s innovation, technology and support. Treasury leaders at Specialized Bicycle Components, HealthCare Services Corporation, Cenveo Worldwide, Koch Industries, and LifeSpace Communities share their key challenges prior to implementing Kyriba, and highlight positive business results achieved with Kyriba. About Cenveo Worldwide Cenveo is the world...

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Hybrid Dynamic Discounting: Creating a True Win-Win for You and Your Suppliers

In this session you will learn the importance of giving suppliers access to liquidity on a consistent basis, particularly when we’re seeing constant disruption in the supply chain. While Dynamic Discounting can be a good solution, historically it’s been buyer focused and on again, off again, which is not always friendly to suppliers.

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Supercharge Your Bank Onboarding Experience

In this session you will learn how to supercharge your bank onboarding experience with our speakers providing input from the Client, Implementation and Technology sides of the puzzle. Learn how to leverage Kyriba’s capabilities and scale to quickly access bank reporting and complete payment testing.

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Using Technology to Optimize Bank Relationship Management

Importance of Bank Relationship Management for the CFO Today’s Bank Relationship Management (BRM) supports effective corporate governance of an organization’s bank accounts as well as driving a more efficient banking strategy. Many modern BRM programs streamline the number of banks, bank accounts and bank fees to support the organization’s growth more effectively. Hamza Benamar, CFO...

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Streamlining Spencer Stuart’s Cash & Payments Management

Treasury departments at global organizations need cutting-edge technology to ensure that all their payments and cash management needs are handled efficiently. Companies that are still using manual processes will only find their duties more taxing as demands increase. In a KyribaLive 2022 panel session, presented by Elire, Spencer Stuart International (SSI) discussed how implementing Kyriba allowed...

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FX Risk Management Strategies and Multilateral Netting

With currency volatility on the rise, organizations are looking to improve the efficiency of their FX programs. For companies with operations all over the world, one of the proven corporate risk management strategies for mitigating the impacts of FX volatility is through an intercompany netting program. Wahl Clipper lowered currency risk and significantly reduced costs...

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Bank & Enterprise Connectivity Continues to Challenge Finance and IT

A recent Pulse Survey reveals the extent of difficulties and challenges bank and enterprise connectivity represents for corporates maintaining and managing their own connectivity. The survey of 100 IT and Engineering leaders covered questions related to how companies today support, partner, deliver and maintain bank connections for ERPs and other systems in general. Banks and...

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Kyriba Premium Support

Kyriba Premium Support provides a more advanced level support for clients looking for personalization that matches their individual needs.

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Preventing State and Local Government Payments Fraud

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APIs: More Than Just Bank Connectivity

A recent study by research firm IDC identified that 90% of finance leaders have already implemented or expect to incorporate APIs within their financial technology stack. With global banks continuing to open their platforms to customers and FinTech apps, it is for good reason that CFO’s expectations should be high. And while bank connectivity is...

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Proactive Threat Defense for Liquidity and Payments

Up to 90% of CFOs and CIOs report payments and financial fraud attempts, and cyber threats are growing more complex with intelligent technology. That makes proactive fraud detection and response programs a top priority for CEOs and their boards.

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Continued Rise of Corporate Currency Headwinds in 2022

The latest Kyriba Currency Impact Report which chronicles the impact that currency volatility and currency moves has on reported corporate financial results documents pretty much what was expected. Net/Net, with dollar strengthening and more volatility, the number of corporates reporting currency headwinds has shot up significantly. Corporate Currency Risk Management: A very challenging market with...

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Dana-Farber Cancer Institute Achieves 83% Productivity Improvements and $925K in Annual Value Realized

Dana Farber Cancer Institute implemented Kyriba after years of operating cash management and accounting in an ad hoc manner: Doing what was necessary but relying on significant manual processes and disparate systems. Behind their industry peers in process maturity, Dana Farber worked with Kyriba to quickly change all that.

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Walker & Dunlop Reaches Peak Performance with Kyriba Visibility and Payments Factory

“I am awed by how much my company is benefiting from Kyriba and how much we have accomplished since going live. Kyriba’s ability to automatically load our BAI files directly from the banks has saved countless hours from needing to login to banks each day for balances and transactions. We have a significant number of bank accounts and daily transactions, and the ability to apply budget codes automatically, forecast, and slice and dice the data has truly been a game-changer for treasury.”

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Baxter: Utilizing Dashboards to Elevate Visibility

For nearly a century, Baxter has been at the critical intersection of saving and sustaining lives, driven by innovation to transform global healthcare. With global operations in over 35 countries, Baxter put Kyriba to work to centralize visibility, develop global standardized cash management processes and centralize payments into one portal globally for tens of thousands of payments each month.

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Bray International’s Path to Cash Visibility

Bray International, one of the world’s leading manufacturers of flow control and automation products, was mired in spreadsheet chaos. With limited visibility into global cash positions, Bray found itself bogged down by inefficient processes. During a session at Kyriba Live 2022, Morty Mandel, VP, director of finance for Bray, discussed how Kyriba helped his company achieve...

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The Role of APIs in Strategic Cash Forecasting

Cash forecasting has undergone some substantial changes over the past couple years. While forecasting has always been important, the COVID-19 pandemic highlighted just how critical it is, and why CFOs are prioritizing it more than ever. In a recent webinar, Bob Stark, global head of marketing for Kyriba, and Lisa Husken, value engineer at Kyriba,...

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Working Capital Optimization

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.

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Kyriba for Midsize Companies

Kyriba for Midsize Companies is a scalable solution for companies looking to eliminate their manual and errorprone spreadsheet-based cash management program and replace it with an automated, easy-to-use system. With a cost-controlled approach and easy go live, Kyriba for Midsize Companies’ cash and liquidity management capabilities can be up and running quickly, giving more time back to your team for value-add initiatives.

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Accelerating Your Investment Management Workflow

APIs create more value for finance and treasury through expanded coverage of essential functions and processes beyond connectivity and payments. Cash positioning, liquidity forecasting, trading, and risk management are becoming readily available and are creating more value operationally and strategically. CFOs and Treasurers willing to move away from older, antiquated methods of integration and embrace...

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Vision, Values, and Culture

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APIs Drive Enterprise Value

A recent study by research firm IDC identified that 90% of finance leaders have already implemented or expect to incorporate APIs within their financial technology stack. With global banks continuing to open their platforms to customers and FinTech apps, it is for good reason that CFO’s expectations should be high. And while bank connectivity is...

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Kyriba Marketplace

Kyriba helps companies manage their liquidity, through a unified set of innovative products across treasury, risk, payments, working capital and connectivity. The Kyriba Marketplace is an API-driven global liquidity network offering apps, data and connectivity to our customers, partners and developers. Table of ContentsDeveloper PortalApp MarketplaceThe Kyriba Open API PlatformAPI Enabled Experience Developer Portal The...

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BASF’s Creation of a Universal FX Program with Kyriba Risk

BASF creates chemistry for a sustainable future. They combine economic success with environmental protection and social responsibility.

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Kyriba Payments Fraud Detection Solution

Payments fraud continues to be a top concern for organizations. According to a recent US companies and B2B payment fraud survey report published by Trustpair and Giact, 56% of US companies were targeted by B2B payment fraud in 2022 and 82% of senior leaders consider fraud prevention to be a top priority for 2023. CFOs and treasurers clearly require a more complete set of payments controls to stop fraud altogether.

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Bitesize Webinar: With Real-time Treasury Start Your Day with 100% Cash Visibility & Data-Driven Forecasting

Having clarity and visibility into cash and liquidity is a fundamental requirement for any treasury department. Without that, it is nearly impossible to support critical financial decisions and strategic business objectives. Kyriba delivers timely and accurate global cash visibility, enabling treasury teams to create accurate forecasts that deliver confidence throughout the organization.

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Payments Fraud Detection in an Escalating Threat Environment

Modern fraud threats are innovative and constantly evolving. To confront these threats, organizations that want to survive need to deploy the most up‑to-date detection and prevention solutions.

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Launching Kyriba Academy

Kyriba is committed to providing clients with the knowledge, skills and best practices to maximize their Kyriba educational experience. Kyriba Academy offers a series of different training courses that allow users the flexibility to customize their own learning journey.

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Effective API Strategies Go Beyond Banks & Payments

Bank Connectivity is Only the Beginning of the Transformation Journey CFOs looking to optimize their processes and systems view APIs as a gateway to enterprise-wide liquidity and the organization’s financial capabilities and health. Finance transformation starts with bank connectivity, leading to real-time decision-making, but the opportunities do not stop there. Bank connectivity and payments help...

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Best in Class Treasury Solution in the PRC Aihuishou International Company Ltd

Technology platform is key to support rapid growth in the PRC

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CA Consumer Privacy Act – Opt Out

For California residents, and to the extent Kyriba sells your personal information as the term “sell” is defined under the California Consumer Privacy Act, you have the right to opt-out of the sale of your personal information by us to third parties at any time. You may submit a request to opt-out by completing this...

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Ethics & Legal Compliance Kyriba Code of Business Conduct Business Partner & Vendor Code of Conduct Anti-Bribery and Corruption Policy Anti-Slavery and Human Trafficking Policy Environmental, Social & Governance Policy Global Sanctions Export Policy

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Tips for Remote Treasury Management System Implementations

Remote Treasury Management System implementations are possible with proper planning, organization, and understanding. Depending on the scope and stakeholder groups involved, they can also be complex with multiple moving parts. The organizations that have the most success with remote implementations tend to:

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Utilities: Managing Liquidity in an Evolving Industry

Utilities in North America are undergoing a period of rapid change that is presenting new challenges and opportunities. As utilities’ needs evolve, so too must traditionally labor-intensive treasury and cash management processes. With advancements in technology and growing investment in decarbonization, electrification, and green energy, utilities are reimagining their approaches to providing services. At the...

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Securing Your Treasury with Kyriba

With fraud and cyberattacks increasing in both frequency and sophistication, it is important to partner with Kyriba. With a proven track record over more than 20 years in Treasury and Finance cloud SaaS solutions, our extensive, advanced protection for your data, security, controls and your operational processes will keep your firm protected.

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Oracle Cloud Payments Integration Highlights Video

Kyriba solution for Oracle Cloud Payments Integration simplifies Oracle Payments and multi-bank connectivity. The Kyriba Payments Network offers a centralized approach to payment activities that fully manages bank connectivity and supports more than 1,000 Oracle customers. This service provides superior fraud detection and visibility. CIOs are increasingly encountering ERP project delays and cost overruns due...

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Public Sector: Treasury Management & Bank Connectivity Solutions

Kyriba is trusted by government agencies at the Federal, State, and Local level, providing a reliable platform to manage cash and liquidity.

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Accelerating M&A Day 1 Readiness with API-Integrative Solutions

M&A projects can take advantage of faster connections and more flexibility with open API platforms to speed integrations and be ready for Day 1 with less risk and cost. Across the wide span of finance functions required to start an M&A migration for Day 1 readiness, APIs are the way to speed M&A integration across...

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When Is the Right Time to Move from FTP to APIs?

Application programming interfaces (APIs) have the potential to revolutionize the treasury and finance function. But when is the time to move from file transfer protocol (FTP) to APIs, and when is FTP still sufficient? Let’s explore the use cases for APIs and when it is appropriate to begin using them. We’ll also look at areas...

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Payment Health Checks to Protect Against Payments Fraud

Recent data has shown that payment fraud incidents are not slated to decrease anytime soon, so now is the time to future-proof your organization’s processes by building effective fraud prevention controls into your workflows. The drastic 667% increase of payment fraud attempts during the pandemic has compelled many corporates to implement process-oriented health checks to...

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Kyriba Bank Connectivity Cockpit

Finance teams rely upon critical daily banking information for insight into cash and liquidity. Yet monitoring bank connection status, variance troubleshooting and reconciliations between bank/cash balances across multiple banks can be burdensome. As the market leader in bank connectivity, Kyriba gives its customers a powerful new tool: Bank Connectivity Cockpit.

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Bray International Realizes 100% Cash Visibility and 97% Productivity Gains

Kyriba provided a great tool that allowed us to delever nearly 30% just by knowing where our cash was, where it was needed, and getting it there in the most efficient manner, eliminating needless borrowing. We are a very satisfied client. We utilize Kyriba every day. Kyriba is one of the easiest and most robust applications I have ever used.

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Kyriba Financial Transactions Modules

Kyriba’s Financial Transactions modules support the tracking and management of investment, debt, interest rate derivatives, foreign exchange and commodities transactions.

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Lifespace Communities Sees Immediate and Significant Savings with Kyriba

“Where we have already seen a significant time-savings has been the payments module. In just a few months, having all the feeds into the system from various banks and ERPs, and automatically creating reports and payments from those reports has shown incredible value to our organization. It has been night and day from where we...

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DTMidstream’s Treasury Transformation: Automation, Centralization, and Visibility

Tuesday, May 10 | 9:00am PT | 12:00pm ET | DTMidstream, a midwest-based operator and developer of natural gas and midstream interstate pipelines, carved out a treasury business unit along with two major hurdles: standing up a treasury management system in a six month timeframe & working in parallel to an ERP implementation to meet...

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The Kyriba and BlackLine Partnership

The Kyriba and BlackLine partnership delivers customers greater cash visibility and reporting capabilities from the bank all the way to the general ledger. Our customers benefit from this partnership through enhanced, automated bank and treasury reporting delivering access to better information.

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Koch Industries: Using Technology to Drive Treasury Transformation for Global Cash Visibility

How one of America’s largest privately held companies put Kyriba technology to work to centralize Treasury functions and achieve strategic level maturity.

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Solving Supply Chain Challenges with Deep-Tier Financing

Over the course of the past year, B2B supply chains have been under very cautious observation. The Suez Canal blockage of May 2021 is a clear indicator of how easily global trade can be severely disrupted; when 12% of global trade passes through the canal and an accident with a single container ship is enough...

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Infographic: APIs -The New Standard for Connectivity

The problems associated with spreadsheets are well documented, yet many treasury professionals continue to overlook these shortcomings when it comes to running their overall treasury operations.

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Kyriba Bank Connectivity as a Service

Introducing Kyriba’s Bank Connectivity as a Service (BCaaS) for financial institutions. Kyriba is offering and expanding our market-leading, proven solution directly to our banking partners.

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Kyriba Payments

The Kyriba Payments solution centralizes and standardizes company-wide payment workflows to enhance both controls and efficiencies with task automation, error management, fraud detection and full status visibility, all integrated in one payment hub.

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Why Corporate Working Capital Strategies Have Significantly Changed Focus

Shifts in Corporate Focus The Kyriba Working Capital team has seen a dramatic increase within the last eighteen months in the number of organizations exploring working capital solutions, or looking to expand on their existing programs and related solutions. When we evaluate payables optimization the main draw for supply chain finance (SCF) programs since the...

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Kyriba Ranked as the Leading Treasury Management Systems Company

Kyriba has been ranked as the leading cloud-based finance “Treasury Management Software” and “Best Open Banking Treasury Solution” by Global Finance Magazine. Innovation Across Treasury and Finance Kyriba delivers continuous innovation and value across our products, enabling connectivity, payments, treasury management, risk management, and working capital capabilities. “We are honored that Global Finance has recognized...

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Treasury for Real Estate: DigitalBridge’s Story

Few industries reflect the economic picture like the real estate sector. This particular industry relies on its treasury and finance teams and technology to handle challenging scenarios with typically smaller teams. Companies like DigitalBridge (DBRG:NYSE), require a robust but user-friendly platform for controlled bank connectivity, secure banking payments and fraud prevention, and full visibility into cash & liquidity.

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The Top 5 Trends for CFOs in 2022

This past year has offered us many lessons; some bright and full of optimism balanced with other experiences that are best left behind us. Looking forward, there is much to draw from as we look towards a positive 2022. In finance and technology, many trends developed that can be built upon, making for a successful...

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Bitesize Webinar: Making Real-Time Payments a Reality for Finance and Treasury

Real-time payments are a game changer for many corporate finance teams who require more choices in how they send payments. It provides finance executives with more payment choices, easier reconciliation of transactions and greater visibility into payments. Watch this 15-minute bitesize webinar with a leading Kyriba payments specialist.

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Untapped Working Capital at Emerging Enterprises

Now more than ever, it is easy and achievable for companies of all sizes to roll out successful supply chain finance programs. Historically, this has not been the case, as buyers had to be investment grade and suppliers were only onboarded if there was $1M minimum spend, due to onerous onboarding and KYC processes.

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How to Implement a Best-in-Class Balance Sheet Exposure Management Program

Visibility, transparency, and details of data that can be shared with the CFO, and greater finance organization, are critical for foreign exchange risk management, particularly in the unpredictable currency markets corporate risk managers must contend with today.

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Kyriba Balance Sheet Exposure Reporting

Kyriba Exposure Reporting is a cloud-based currency exposure management platform that enables treasury professionals to measure, monitor and manage currency exposure and the associated risk from their balance sheet.

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Delivering Technology Leadership for Your Transaction Banking Services

Expand Your Banking Products and Services for Treasury, Payments, Connectivity, and Working Capital with Kyriba White-label Services for Banks.

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Kyriba Enterprise Connectivity

Kyriba’s in-house, leading Enterprise Connectivity as a Service gives our customers a complete connectivity solution encompassing ERPs, internal financial systems, third party providers, and over 1,000 out-of-the-box, pre-configured, pre-tested connections with financial institutions across the globe.

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Starter’s Guide to Treasury Management Systems

Growing companies with often small treasury teams are still lagging behind the rest of the finance department, managing cash & liquidity on spreadsheets or treasury workstations. These treasury teams are not only losing productivity due to very manual processes, the mistakes and errors that inevitably come as a result of spreadsheets are detrimental to companies’...

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2022 Digital Payments Transformation

Instant payments, payments fraud, and pandemic-led digital payments transformation projects have changed the B2B payments digital transformation journey for CFOs and CIOs. IT teams recognize that new connectivity methods, such as APIs, are required to integrate their ERP platforms with banks, neobanks, and non-bank payment channels while finance departments are seeing the value of new...

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Kyriba Cross-Border Payments

Kyriba Cross-Border Payments with Standard Chartered Bank transform your foreign currency payments with great cost control and visibility.

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Healthcare Best Practices for Treasury Transformation

It is particularly difficult in the healthcare industry, from hospitals to managed health services, to complete digital transformation, due to the unique issues of cash forecasting, data visualization & reporting, management of debt instruments, streamlining banking relationships, and security.

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What is a Payments Hub – and Why Do I Need One?

According to a recent WEX Worldwide survey commented on by Treasury Today – 52 percent of organizations admit to being victims of payments fraud. Many times treasury is directly affected, because their payments were compromised, while other times, the treasurer is pulled into the conversation to fix whatever vulnerability was exploited for someone else’s payment. Regardless of how or why, treasury is being asked to provide better payments solutions by the CFO, CIO and CISO. Payment hubs provide that answer, in that they offer the global visibility and standardized controls that are so necessary to ensure that every payment is handled in a consistent manner regardless of geography, payment type or who requested it. Payment hubs, which were the subject of a new e-book, ensure payment workflows comply with the organization’s payment policy. Additional reading: 15 Minute Guide to Payment Hubs This is why CIOs are demanding that payment hubs (depicted below) be implemented and are often asking treasury to take charge. What a payments hub should look like – Here’s a graphical representation of a payments hub, including external inputs, key functions, payment types, connectivity and more. When treasury does lead the initiative for a payment hub, they found the following benefits: Standardization The key to eliminating unauthorized payments – even if accidental in nature – is to ensure a standardized set of controls that prevail without exception. Controls could include payment approval scenarios, extra layers of authentication, procedures if approvers are remote and/or unavailable, and specific actions if modifications to the payment are required. The organization’s payment policy should be digitized and enforced by the payment hub software to ensure these controls are consistently applied. Payment Screening Many organizations require payments to be screened against sanctions lists prior to sending those instructions to the bank. While this is a good practice, screening should not stop there. Payment scenarios – e.g. payments being made outside of approved countries, first payment to a new bank account, irregular payment amounts, etc. – should also be screened in real-time so that any suspicious payments can be stopped and quarantined in real-time to be reviewed by authorized reviewers. As payments continue to diversify across multiple channels (e.g. wires, ACH, checks, B2P, blockchain) and become more real-time, organizations cannot rely on treasury staff scanning every payment in real-time; nor can they expect their banks to be the last line of defense. More sophisticated solutions including robotic process automation, should be leveraged to provide the best possible protection. Fortunately, such solutions are available within most payment hubs. Visibility Many treasury teams struggle with having complete transparency into all outgoing payments before they happen. This issue magnifies as organizations also adopt new request for payment strategies to improve collections. Treasury isn’t learning about payment activity early enough to make effective cash and working capital decisions. Payment hubs, through the consolidation of all payment activity, can provide that visibility to treasury so they can be certain about what payments need to be funded. With this added level of precision, working capital can be reduced and a greater percentage of total cash reserves can be deployed to meet organizational KPIs. In many cases, this may directly affect the CFO and Treasurer’s bonus attainment. Cost Not lost in the myriad of benefits is the fact that payment hubs reduce the cost of managing payments. There are several different ways:

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Enhancing KYC Compliance

Each party to a financial transaction needs to know with whom it is doing business. As scrutiny of these transactions increases, know-your-customer (KYC) compliance has only gotten more difficult to navigate.

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As the Status of LIBOR Changes, Many Finance Teams Worry About Unpreparedness

The London Interbank Offered Rate (LIBOR) is poised to lose its status as the global benchmark interest rate at the beginning of 2022. In a little over a month, the UK Financial Conduct Authority (FCA) will no longer compel banks to submit LIBOR quotes. Thereafter, financial institutions will migrate to risk free rates (RFRs). Unfortunately,...

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Payments Hub 101: Consolidated and Secure

Payments remain a constant focus for CFOs, CIOs, controllers, purchasing managers, and treasurers, as inefficient payment processes can inhibit supply chains, cash flow and profitability. The recent push to optimize cash and working capital, combined with the increasing threat of cybercrime and payments fraud, amplify the need to centralize and standardize corporate payments. Further, secure...

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Applying Lean Manufacturing Principles to Improve FX Risk Management

Applying Principles of Quality and Efficiency from the Manufacturing World to Treasury and Finance to Achieve More Efficient FX Risk Management. One of the principal tenets of Lean is a focus on customer value. Activities that do not have a direct bearing on the value of the product or end result are targeted for elimination. Our customers, using our platform and Lean principles work to transition their foreign currency related systems and processes to create greater automation and efficiency.

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3 Keys for Treasury Success in Asia

Recently, I had the pleasure of learning more about corporate treasury in Asia during visits to our local offices; meetings with clients in Hong Kong, Malaysia, and Singapore; and by attending several treasury conferences. It should be no surprise that corporate treasury is becoming more sophisticated across Asia as firms continue to demand “best of the best” best practices and scalable, easy to use technology. What I found most interesting about treasury in Asia was: Chinese firms are poised to expand internationally – From a treasury perspective, this interest in growing beyond China has heightened interest in treasury technology that delivers onshore/offshore visibility into cash and currency exposures alongside the need to establish more complex treasury structures such as cash pooling to support onshore/offshore sweeps. Chinese firms are continuing to explore establishing regional treasury centers in Hong Kong or Singapore to align with RMB clearing locations. This is an opportunity where treasury best practices are seen as a significant asset by hiring firms. Automation is not the only goal of treasury technology – Asian-based companies are embracing financial and treasury technology, yet are building ROI models and business justification on variables other than just automation and productivity. With costs of FTEs often much lower than we see in Europe or North America, automation is not the solution to increased workloads. As a result, the driver for technology is implementation of best practices, decision optimization (e.g. improved hedging), and support for treasury transformation. Regional treasury centers are becoming more involved in strategic decision making – Organizations that embrace the opportunity to allow Asian treasury teams to manage key functions (e.g. developing pooling structures or designing hedging programs) are able to deliver more strategic value and drive greater bottom line value than those that try to manage all treasury functions from afar. The knowledge and experience being hired into regional treasury centers, especially in Singapore and Hong Kong, rivals and even exceeds treasury talent in other parts of the world. This expertise is obviously in addition to local knowledge and the ability to work face to face with offshore internal and external partners to treasury. Additional reading: Overcoming Cash Forecastng Challenges: Best Practice Tips for Treasurers Treasury organizations that are already well established in the region already know where the right locations are; how to secure experienced staff; and the importance of adopting world-class treasury technology to ensure global visibility over cash, exposures and financial controls. For organizations considering a greater investment in Asia, it is important to: Choose locations that can offer support in English and local languages, with workable time zones that can also overlap with the head office at some point during the day. Locations that have financial proximity to China (e.g. Hong Kong, Singapore, Macau) are critical so your offshore treasury center is a financial gateway into China itself. Secure experienced staff who not only have global treasury experience, but know how to balance this with local expertise. The right people need to be motivated and trained well, earning new opportunities to leverage their growing treasury knowledge Have the right treasury technology in place that supports global requirements, but also local needs (which could be preferred language, local regulations, specific payment or bank account controls, or dashboards that highlight local treasury KPIs). The reduced footprint offered by the cloud helps, as does the ability for a cloud TMS to enable all treasury offices to support each other to deliver a complete business continuity plan. Asia is an opportunity and those treasury teams that embrace it will be on the road to global treasury success.

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Public Sector’s Playbook for Payment Fraud Protection

In AFP’s 2021 Payments Fraud and Control Report, 75% of organizations across all areas were targeted for payment fraud. Moreover, due to public purchasing information, the data is hinting that number to be 95% among government entities at the state, local, and agency level, making them perfect targets for payment fraudsters.

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Unlocking Real-Time Payments with APIs

As the pace of payments continues to increase, treasury professionals need technology that can keep up. Real-time or instant payments initiatives are proliferating all over the world, and these new platforms are made possible through application programming interfaces (APIs). APIs enable the development and use of faster, pre-built connectors to reduce implementation times and facilitate...

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Currency Volatility Reaches New Heights of Uncertainty

The Q2 2021 Kyriba Currency Impact Report showed a strong tailwind for many US corporates driven in large part by the strengthening of two main trading currencies for many US corporates, EUR and GBP. Both currencies strengthened steadily through Q2 2021, but currencies have since retreated through Q3 2021, setting up a return of relatively...

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The Myths of Fraud Detection: Truths of Payment Fraud for Government Agencies

Fraud losses are complicated. In addition to potential loss of millions of taxpayer funds, government agencies are also facing negative press, reputational damage, potential impact to credit ratings, and decreased public confidence, making this a silent crisis for Treasurers. At Kyriba we’ve had the opportunity to speak with hundreds of government treasury, finance, and IT...

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Working Capital Solution

Working Capital optimization is a strategic objective for CFOs to generate free cash flow. Check out Kyriba's working capital solution and its three pillars.

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Cenveo Achieves 93% Forecast Accuracy and 90% Productivity Improvements

Cenveo needed a way to improve visibility into overall liquidity and provide management on-demand insights into the performance of their strategic liquidity objectives.

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ERP Rationalization: Key Factors for Project Success

ERP migration projects are expensive, complicated and resource intensive, but they run more smoothly when Treasury is involved. Bank connections need to be rebuilt during an ERP migration. So, for Treasury, it’s a good time to determine if ERP rationalization or migrating banking relationships is the better choice for your organization. If using a traditional...

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Optimizing Working Capital with SCF and Dynamic Discounting

With supply chain disruptions threatening to torpedo the global economic recovery, companies would be wise to take a closer look at solutions that can help optimize working capital. Historically low interest rates and ongoing trade disputes have done nothing to reduce volatility in the market or offer clarity for buyers and their suppliers about their...

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APIs: Greater Payments Connectivity & Functionality

The push for superior ERP-to-bank connectivity solutions continues to accelerate as CFOs prepare for the post-pandemic era. Gartner projects that corporate enterprise software spend will top $516 billion this year and $571 billion next year. With application programming interfaces (APIs), CFOs and CIOs can standardize bank and payments connectivity, while opening the door to even...

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How to Speed Up Free Cash Flow in a Sluggish Economy

Organizations large and small are impacted by what has been reported as a sluggish global economy, and for many industries this deceleration in growth has investors concerned about their rate of expansion. The combination of weak to moderate growth and demanding investors raises the immediate need for action by global leaders, and puts supply chain at the forefront of the conversation. When demand for products goes down, and working capital is tied up in inventory, investors know they can expect a lower rate of return. What do companies do to maintain stable growth and mitigate potential investor aggravation or worse their lack of confidence? In this scenario, the supply chain is among the first to be tested, adjusted and possibly disrupted for the better or worse of the company. Savvy finance leaders are looking to manage these seasonal and market driven fluctuations with supply chain finance (SCF) programs, and are seeking the right information to set up and implement SCF to help stabilize their operations. Where there is a question of free cash flow (or the absence of cash), there will be a CFO and treasury group developing a way to optimize working capital. In my last blog, I mentioned one of three pitfalls to a successful supply chain financing initiative is the misalignment of corporate goals and individual incentives. The key challenge here is getting the right people at the table to align goals and teams. Without that cross-departmental commitment and participation, the potential bottom line impact from a supply chain finance program will remain an unrealized opportunity. Additional reading: Making the business case for supply chain finance So, who are the mandatory participants required to successfully launch a supply chain finance program and what is their role? Both the CFO and Treasurer should be the strategic champions of a SCF initiative, as they are mandated to nurture and protect the lifeblood of the organization, its cash position: either by reducing excess cash in exchange of greater yield; or creating free cash flow by extending DPO. It should be obvious that the CEO’s stamp of legitimacy demonstrates the level of priority a SCF initiative has within the organization as a whole. While strategic leadership at the top is a common goal, it’s not one that is easily attainable unless treasury and procurement are working together to build a business case that supports the initiative. The Chief Procurement Officer should play an active part both on internal and external matters. Internally, the CPO should guarantee that the procurement organization’s compensation plan is aligned with the working capital increase objectives and stress the importance of this initiative to his teams. The incentives should be different if the company engages in a Dynamic Discounting exercise or in an extension of DPO. Externally, when possible, the CPO should be involved in the discussions with the most strategic suppliers, and in so doing, set the tone for negotiations through the procurement team. Another department which will be directly impacted by the implementation of a Supply Chain Finance program is the Accounts Payables department. The use of an external platform will have consequences on existing processes - simplifying some, forbidding others and in general forcing a greater rigor on the approval and payment processes as a whole. The AP team will also need to be tactically involved during the functional and testing workshops to ensure the company ERP system and the SCF payment platform are well integrated. As a consequence, it is crucial for the AP Director to be involved early in the process, as the SCF initiative will have a non-negligible impact on its team – namely in terms of time. Finally, as for any technical related activities, the Director needs to be consulted to secure the needed technical resources as well as avoid running into a schedule freeze period, that would result in delaying the whole implementation. It is sometimes difficult to ensure all the above mentioned leaders are actively involved in the SCF initiative. Here are two reasons why the C-level should feel involved in an SCF initiative:

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Modern Connectivity for Today’s Finance Organization

Finance transformation cannot be completed without safe, secure, and adaptive connectivity, linking your ever growing and complex technologies and banks. Seated at the crossroad between the greater finance organization and IT, connectivity is a cornerstone to corporates’ decision-making ability, real-time liquidity, and retaining of bank relationships during ERP migrations to SAP S/4HANA or Oracle Cloud.

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CFOs Mandate to Treasury: A Reliable Cash Forecast

Many Treasurers and their respective CFOs are faced with a mandate from the board to provide more timely and reliable insights into liquidity in both the short and long term. In a recent CFO.com survey, nearly half of CFOs mentioned “unreliable cash forecasts (and visibility)” in their top three areas that are causing concern.

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How to Tackle Payment Errors and Compliance Violations

Kyriba fraud solution ensures that payment errors and compliance violations can be tackled effectively by companies of all sizes.

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Kyriba APIs for Treasury Management

As the leader in connectivity for treasury and finance systems, Kyriba maximizes the power of APIs for treasury management to drive liquidity transformation for CFOs and treasurers.

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CEOs: Point-blank News from UK Regulators on Trade Finance Arrangements

As has been well publicised, on the 9th September all CEOs of trade finance firms received a letter from the UK’s two banking regulators, setting out the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) expectations for firms undertaking trade finance activity. The letter makes reference to several high-profile failures of commodity and trade...

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Migrating to S/4HANA and the Cornerstone for Your Project: Multi-bank Connectivity

Introduction Frequently in information technology, a term is developed without consideration given to the importance of one of the words that make up the term. This is certainly the case with terminology developed around the effective management of multiple banks and the impact it can have on so many of the IT and finance projects...

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Securing High, Risk-Free Returns with Dynamic Discounting

As treasury's remit becomes increasingly more focused on value creation, the need for organizations to generate higher, risk-free returns is critical. Dynamic discounting could be a key weapon in treasurers' arsenals.

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Simplifying SAP Bank Connectivity with Certified Payments Network

CIOs & CFOs are reporting that generating XML ISO20022 payment format variations, building new bank connections, and new fraud prevention safeguards, is demanding more time, money, and resources than ever. Add the complexity of digital transformation as 35% of SAP customers are planning to move to S/4HANA in the next five years, a hybrid remote/in-office...

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Outgrowing Excel: Why Treasurers Transcend to a TMS

“When do I know my finance organization has outgrown spreadsheets for managing our cash and risk? Which inefficiencies could we overcome moving beyond Excel? How many hours and dollars could we gain? Which processes could we automate and standardize by upgrading our technology?”

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APIs: The Catalyst for Real-Time Treasury

APIs are becoming a very popular buzzword in treasury, payments, finance, in part to deliver on the promise of open banking and real-time connectivity between systems. While APIs offer great efficiencies for bank and ERP connectivity, there is a bigger prize for CFOs and Treasurers than a quicker implementation or quicker exchange of information.

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How International Treasury Centers Unlock Global Cash Visibility

After a year and a half of Deloitte’s Treasury Advisory team serving many of the world’s emerging corporations through an unsettled global economy, the Advisory team noticed an increase in popularity of a noteworthy trend – the formation of International Treasury Centers.

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Readying Treasury for Hybrid Work

To say that the COVID-19 pandemic changed the way treasury departments and companies operate is a massive understatement. Treasury, a function already accustomed to ‘doing more with less,’ began operating remotely—often with a skeleton crew as companies were forced to reduce headcount. Once mass distribution of the COVID-19 vaccine began, companies quickly began to strategize...

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Real-Time Payments and Real-Time Fraud

As real-time, instant payments technologies continue to gain momentum, more concerns are being raised about the increased risk of payments fraud. Traditional payment mechanisms settle in the same day or over a period of days after payments are sent from treasury or ERP platforms. However, with real-time payments that clear instantaneously, once the payment is...

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The Pros of Multi-Bank Data Integration Solutions

Companies used to offer working capital or (supply chain finance) programs to their suppliers primarily in conjunction with a single bank. That was great for the bank, of course, because it allowed the bank to set the terms of the working capital program, to tie the company into a close, long-term relationship, and to gain maximum benefit from lending money to the company’s suppliers while only taking on the credit risk associated with the company itself. The company in question would, of course, usually be a multinational, large or mid-market business with a good credit rating. Banks’ historic involvement with working capital means that even today – when there are numerous bank-agnostic solutions available on the market – many corporates talk to their bank about their working capital requirements first of all and might even end up being sold a solution without properly exploring other options. The risk with this approach is that the bank’s solution may not actually be the best overall solution for the corporate, taking into account factors such as credit availability, fees, funding costs and onboarding requirements, and also whether the organization has any specific needs, such as wanting to provide finance to suppliers in a country where the bank has no presence. Related reading: How to Increase Financial Performance with Working Capital Programs Related reading: How Working Capital Solutions Can Accelerate Free Cash Flow – and Boost Your Capital Investment by 48 Percent Related reading: Busting Payable Finance Myths in the Digital Age Furthermore, when a corporate sets up a working capital program with a single bank, it is effectively giving a large amount of business to the bank, which will certainly put it in that bank’s good books, but could be harmful to its relationships with other banks and increase its exposure to counterparty risk. Since there is a lot of effort involved with setting up a working capital platform initially, it can be difficult for a company to move to another solution if the bank’s service standards slip, it increases interest rates for suppliers at a steep rate, or it allows the technology underpinning the platform to become antiquated. Another consideration is that a bank’s working capital platform will not necessarily integrate with the company’s forecasting and payments solutions, leading to duplication of effort when it comes to reporting and tracking transactions. Meanwhile, the invoices that will be financed under the working capital program will be stored in the company’s enterprise resource planning systems, not its platform, which reduces the efficiency of the payments process. Finally, when onboarding suppliers to its working capital platform, the company will inevitably have to follow the bank’s procedures, which are likely to be more onerous than its own procedures would be. When a company is weighing up whether to use a bank-hosted program or to invest in its own platform, it should take the following selection criteria into account:

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Proactively Counter Fraud and Automate Your Payments Controls

Fraud and internal controls violations significantly impact the operational and financial health of organizations of all sizes and scale. CFOs must address these threats while under the constant barrage of ever-increasing and more technologically savvy criminals. Most of the controls at the disposal of CFOs and treasurers are comprised of largely manual and detective processes...

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#techforfood #techfortreasury #swile@work

Şişecam’s international growth over the past few decades meant the company had a fragmented approach to cash management. While treasury handled strategic decisions such as borrowing, individual subsidiaries within the group handled their own payment operations and managed their cash using their enterprise resource planning (ERP) systems.

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Re-examining Your Strategic Treasury Management System

If you had the opportunity to reimagine your treasury strategy and overall treasury operation, what would you do? This opportunity was given to our treasury team at Health Care Service Corp (HCSC), a large health insurer operating across the U.S. under the brand names of Blue Cross Blue Shield of Illinois, Texas and more. As...

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Debating Daily vs. Single Rate Balance Sheet Exposure

Managing balance sheet FX exposure in a daily vs. single rate is an often discussed treasury topic in corporate risk mitigation. There are different results and perspectives, with a void left for real data and results to be shared in the space. With support from Kyriba clients, research has been gathered that examines trends related...

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FX Predictions, Opportunities and Pitfalls in an Expanding Global Market

The July 2021 Kyriba Currency Impact Report clearly illustrates that corporate FX risk managers still have a challenging set of market conditions to navigate as the US dollar found footing against other currencies due to aggressive pandemic mitigation efforts and general business activity surging back to life. The combination of a resilient USD and increased...

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Cloudiness in Libor Transition?

With less than 6 months to go until the transition from Libor to new overnight risk-free rates, uncertainty lingers as to which rate indices are to be adopted in countries such as the United States. While regulators remain steadfast in their recommendations that risk free rates such as SOFR in the United States and SONIA...

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Leveraging Surplus Cash to Minimize Supply Chain Risk

One of the biggest risks to an organization’s supply chain is a vendor’s liquidity issues making it unable to deliver products on time. What practical steps can organizations take to minimize this risk?

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