TechValidate Research on Kyriba

These pages present data that TechValidate has sourced via direct research with verified customers and users of Kyriba. TechValidate stands behind the authenticity of all published data. Learn more »



290 Customers Surveyed

2,442 Data Points Collected

21 Published TechFacts

10 Published Charts

34 Published Case Studies



Selected Research Highlights


Kyriba Customer Research

Improved Cash Returns through Enhanced Visibility

How much have you been able to improve short and long-term cash returns (i.e, optimized interest income) through improved visibility using Kyriba?

Greater than 30%: 23%
25%-30%: 13%
20%-25%: 23%
15%-20%: 17%
Up to 15%: 25%

Kyriba Case Study

Sunrun

Introduction

This case study of Sunrun is based on an August 2019 survey of Kyriba customers by TechValidate, a 3rd-party research service.

“We are able to get better visibility around where our cash is going and coming from 150+ bank accounts. We have been able to expand our reporting to key executives.”

Challenges

The business challenges that led the profiled company to evaluate and ultimately select Kyriba:

  • Challenges they faced that caused their organization to invest in Kyriba:
    • Inefficient manual processes that waste time and resources

Use Case

The key features and functionalities of Kyriba that the surveyed company uses:

  • Purchasing drivers for selecting Kyriba:
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Saved time for strategic initiatives
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: 25%-50%
    • Data and insights for better decision making: 25%-50%
  • Improved short and long-term cash returns by 25%-30% through improved visibility using Kyriba.
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by 50%-75%.
  • Has seen an ROI of 3X with their Kyriba investment.

FiREapps Customer Research

FX Risk Management ROI

How much has FiREapps been able to help you with the following?

Greater than 75% 50-75% 25-50% Less than 25%

Increase visibility into FX exposures
Protect against FX-related impacts to earnings
Improve operational efficiencies

Kyriba Case Study

Success Story: Medium Enterprise Banking Company

Introduction

This case study of a medium enterprise banking company is based on a May 2019 survey of Kyriba customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

Challenges

The business challenges that led the profiled company to evaluate and ultimately select Kyriba:

  • Challenges they faced that caused their organization to buy Kyriba:
    • Inefficient manual processes that wasted time and resources
    • Inability to get timely and accurate global cash forecasts
    • Improved decision support

Use Case

The key features and functionalities of Kyriba that the surveyed company uses:

  • Has been a customer of Kyriba for 3-4 years.
  • Kyriba solution categories they are using:
  • Treasury Management (cash management, forecasting, debt, investments, BAM)
  • Payments (treasury and supplier payments, payments hub)
  • Top purchasing drivers for selecting Kyriba:
    • Depth of product functionality
    • 100% SaaS
    • Strong business case
  • Results

    The surveyed company achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Increased productivity
      • Freeing up time for more strategic initiatives
      • Improved executive decision support
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: 50-75%
      • Increase in time spent on strategic initiatives by reducing: 25-49%
      • Reduced operational risk due to better controls: 50-75%
    • Improved cash returns by 15% to 25% since implementing Kyriba for better global cash visibility.

    Kyriba Customer Review

    5/5 Stars

    How our organization uses Kyriba:

    Treasury Management, short and long term loan processing, cash flow management.

    Would you recommend Kyriba?

    Top notch system. Ease of utility. Cloud based.

    Kyriba Customer Review

    Kyriba Ranking – Large Business Retail

    5/5 Stars

    How our organization uses Kyriba:

    We use Kyriba to determine our cash position, post cash transactions, and reconcile cash accounts. We also use bank account management and debt and investments.

    Would you recommend Kyriba?

    I would recommend Kyriba mainly for the efficiencies we have gained.



    More to Explore



    About Kyriba

    Kyriba empowers financial leaders and their teams with award-winning solutions for cash and risk management, payments and working capital optimization. Kyriba delivers a highly secure, 100% SaaS enterprise platform, superior bank connectivity and a seamlessly integrated solution set for tackling today’s most complex financial challenges. Thousands of companies, including many of the world’s largest organizations, rely on Kyriba to streamline key processes, protect against loss from fraud and financial risk, and accelerate growth opportunities through improved decision support. Kyriba is headquartered in San Diego, with offices in New York, Paris, London, Tokyo, Dubai and other major locations.

      Kyriba Website