Industry

Consumer Goods

Treasurers of consumer goods companies need real-time insight into global cash and liquidity to make smarter decisions.

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The consumer goods industry, including food and beverage companies, is often plagued by a lack of insight into global cash and FX risk associated with manufacturing, sales and expenses. Additionally, the industry is particularly susceptible to mergers and acquisitions. Kyriba helps provide visibility, mitigate currency risk and smooths the transition when M&A occurs by delivering:

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100% Cash Visibility

Kyriba delivers timely and accurate insight into cash across all banks in all regions.

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FX Risk Mitigation Tools

Kyriba allows for better management of FX exposures and helps companies protect their earnings from currency impacts.

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Access to Underlying Data

Kyriba provides access to accurate, complete and timely account balance data needed to fulfill treasury duties.

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Kyriba is empowering my digital transformation at work particularly because we are now real-time. We were never able to do that before.”
LORA BARTOLOME SENIOR DIRECTOR, CORPORATE FINANCE & ACCOUNTING at AEG Hear the success story
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Average Quantitative Results

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Hours saved per month using Kyriba

410
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$ 0 M

Average of total 5-year savings

3.4
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Average of payback months

5.17

Source: Data compiled from surveying more than 200 companies as part of Kyriba's value engineering process.

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Reducing Risk and Increasing Margins Through Automation

Newell’s treasury team was working in an increasingly complex environment and had to deal with new challenges after the company purchased Jarden Corporation in 2016.

Realizing that the manual processes they were using for daily cash management were insufficient, Newell looked to Kyriba to help automate manual tasks, mitigate risk and free up time for strategic data analysis.

Read the success story
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Gathering and assimilating data was the biggest challenge–and that is where we are seeing the greatest benefits.
AMIT SINGH SVP & TREASURER, NEWELL BRANDS

Related Resources

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