Industry

Travel & Hospitality

Treasurers in the travel and hospitality industries need automation and real-time insight into risk and cash for better cash management and to deliver value.

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Treasury professionals within the travel and hospitality industries face many challenges, including being burdened by FX risk due to global sales, facilitating analysis of segregated cash flows by business area, and difficulty mining data and producing reports related to multiple merchant providers. To help alleviate the pain of these challenges, Kyriba offers:

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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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Enhanced Reporting

Kyriba provides configurable reports and out-of-the-box dashboards to help easily separate and keep track of cash.

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Automate Payments

Kyriba centralizes payment controls, empowering organizations to initiate, approve and release payments that meet internal and regulatory requirements to any of their banks.

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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

526
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Hours saved per month on daily cash positioning

171
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Average of payback months

3.96

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

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Reducing Operational Risk in Hospitality

Learn how a large enterprise hospitality company was able to improve staff productivity by automating treasury management processes and reduce operational risk by more than 75 percent with better controls.

Read the success story
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[We] use Kyriba for global payment disbursements including supplier payments, customer refunds and direct debits for certain markets. We use Kyriba to understand the final payment status by examining PSR level acknowledgements.
FINANCIAL ANALYST LARGE ENTERPRISE HOSPITALITY COMPANY

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