TechValidate Research on Kyriba

34 Case Studies – Page 1 of 2


Kyriba Case Study

Membership Organization

Introduction

This case study of a membership organization is based on an August 2019 survey of Kyriba customers by TechValidate, a 3rd-party research service. The profiled organization asked to have their name blinded to protect their confidentiality.

“Excellent client support, and excellent bank-ledger integration and daily reconciliation.”

Challenges

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

  • Challenges they faced that caused their organization to invest in Kyriba:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • Lack of data and insight to support better decision making

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Depth of product functionality
    • Globalization of solution

Results

The surveyed organization achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Improved executive decision support
    • Saved time for strategic initiatives
    • Speed of bank-ledger reconciliations
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: Up to 25%
    • Data and insights for better decision making: 25%-50%
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by 25-50%.

Kyriba Case Study

Lowe’s Companies

Introduction

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

“Kyriba is great for integrating BAI files and other bank connectivity options, therefore giving the user a prior day and intraday global cash position. It’s great being able to execute payments to multiple banks without having to login into the bank portals.”

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:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • The inability to improve cash returns based on poor cash visibility
    • Lack of data and insight to support better decision making
    • Lack of visibility into global bank account management fees
    • Lowes has +20 bank relationships and over 2000 accounts. This scale of information was no longer able to managed outside of a treasury workstation application. It was long overdue

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Quality of data and insight for better decision making
    • Depth of product functionality
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Improved executive decision support
    • Saved time for strategic initiatives
    • Activated liquidity for growth purposes
    • Reduced operating costs through cloud automation
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Data and insights for better decision making: 50%-75%
  • Improved short and long-term cash returns by up to 15% through improved visibility using Kyriba.
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by 25-50%.

Kyriba Case Study

Sears Hometown and Outlet Stores

Introduction

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

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:
    • Build a treasury team in-house with a TMS in place

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • 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: > 75%
    • Data and insights for better decision making: > 75%
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by greater than 75%.

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.

Kyriba Case Study

Large Enterprise Construction Company

Introduction

This case study of a large enterprise construction company is based on an August 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.

“Kyriba has allowed us to make decisions that we were not able to make easily before. We can quickly see where our cash sits. Previously, we had to log into multiple bank portals and download all our reports to see how much cash we had in each account, which was not an efficient way of operating.”

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:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • The inability to improve cash returns based on poor cash visibility
    • Lack of data and insight to support better decision making
    • Lack of visibility into global bank account management fees

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Quality of data and insight for better decision making
    • Globalization of solution
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Maximized cash returns with better visibility
    • Improved executive decision support
    • 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: 50%-75%
  • Improved short and long-term cash returns by greater than 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 greater than 75%.

Kyriba Case Study

S&P 500 Automotive & Transport Company

Introduction

This case study of a S&P 500 automotive & transport company is based on an August 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.

“Easy interface with a high capability for customization.”

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:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • Lack of data and insight to support better decision making

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Depth of visibility into cash, liquidity and risk
    • Quality of data and insight for better decision making
    • Globalization of solution

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: 50%-75%
    • Data and insights for better decision making: 50%-75%
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by 50%-75%.

Kyriba Case Study

National Money Mart

Introduction

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

“Kyriba has been a great tool for our company, specifically in the payments processing area.”

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:
    • Lack of visibility into global cash positions
    • 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:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Quality of data and insight for better decision making
    • Depth of product functionality
    • Globalization of solution
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Use of Kyriba as a payments HUB for both EFT Credit/Debit
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: > 75%
    • Data and insights for better decision making: > 75%
  • 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 10X with their Kyriba investment.

Kyriba Case Study

Hunt Companies

Introduction

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

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
    • Operational risk, including fraud and cybercrime
    • Lack of data and insight to support better decision making
    • Lack of visibility into global bank account management fees

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Quality of data and insight for better decision making
    • Depth of product functionality
    • Globalization of solution
    • 100% SaaS platform
    • Trust in the partnership and best practices that Kyriba provides

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Maximized cash returns with better visibility
    • Improved executive decision support
    • Saved time for strategic initiatives
    • Reduced financial and operational risk
    • Activated liquidity for growth purposes
    • Reduced operating costs through cloud automation
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: > 75%
    • Data and insights for better decision making: > 75%
  • Improved short and long-term cash returns by greater than 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 greater than 75%.
  • Has seen an ROI of 7X with their Kyriba investment.

Kyriba Case Study

Markit Group Limited

Introduction

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

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:
    • Lack of visibility into global cash positions
    • 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:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Quality of data and insight for better decision making

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Maximized cash returns with better visibility
    • Improved executive decision support
    • Reduced financial and operational risk
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: 50%-75%
    • Data and insights for better decision making: > 75%
  • Improved short and long-term cash returns by 20%-25% through improved visibility using Kyriba.
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by greater than 75%.

Kyriba Case Study

Small Business Real Estate Company

Introduction

This case study of a small business real estate company is based on an August 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 invest in Kyriba:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • Operational risk, including fraud and cybercrime
    • The inability to improve cash returns based on poor cash visibility

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Maximized cash returns with better visibility
    • Saved time for strategic initiatives
    • Reduced financial and operational risk
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: > 75%
    • Data and insights for better decision making: > 75%
  • Improved short and long-term cash returns by 20%-25% through improved visibility using Kyriba.
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by up to 25%.
  • Has seen an ROI of 10X with their Kyriba investment.

Kyriba Case Study

Small Business Financial Services Company

Introduction

This case study of a small business financial services company is based on an August 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 invest in Kyriba:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • Operational risk, including fraud and cybercrime

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • 100% SaaS platform
    • Trust in the partnership and best practices that Kyriba provides

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Reduced financial and operational risk
    • Activated liquidity for growth purposes
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: > 75%
    • Data and insights for better decision making: 50%-75%
  • 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 greater than 75%.
  • Has seen an ROI of 5X with their Kyriba investment.

Kyriba Case Study

Oil States International

Introduction

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

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:
    • Lack of visibility into global cash positions

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Globalization of solution
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Maximized cash returns with better visibility
    • Saved time for strategic initiatives
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Data and insights for better decision making: Up to 25%
  • Improved their effectiveness in working with other teams and business units to support the organization’s strategic initiatives by up to 25%.

Kyriba Case Study

Large Enterprise Insurance Company

Introduction

This case study of a large enterprise insurance company is based on an August 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 invest in Kyriba:
    • Inefficient manual processes that waste time and resources
    • Lack of data and insight to support better decision making

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Depth of product functionality
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Improved executive decision support
    • Saved time for strategic initiatives
    • Reduced financial and operational risk
    • Reduced operating costs through cloud automation
  • How much Kyriba has helped improve the following:
    • Protection against loss from fraud and financial risk: > 75%
    • Data and insights for better decision making: > 75%
  • 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 greater than 75%.
  • Has seen an ROI of 7X with their Kyriba investment.

Kyriba Case Study

The Rockefeller Group

Introduction

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

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:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • The inability to improve cash returns based on poor cash visibility

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Quality of data and insight for better decision making
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Maximized cash returns with better visibility
    • Improved executive decision support
    • Saved time for strategic initiatives
    • Reduced financial and operational risk
    • Activated liquidity for growth purposes
    • Reduced operating costs through cloud automation
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: > 75%
    • Data and insights for better decision making: > 75%
  • Improved short and long-term cash returns by greater than 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 greater than 75%.
  • Has seen an ROI of 3X with their Kyriba investment.

Kyriba Case Study

Alexion Pharmaceuticals

Introduction

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

“Kyriba’s solutions and best practices help my organization effectively transform its treasury capabilities into an enterprise-wide discipline focused on activating and protecting liquidity to improve growth and value creation.”

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:
    • Lack of visibility into global cash positions
    • Inefficient manual processes that waste time and resources
    • Reducing foreign exchange (FX) risk
    • The inability to improve cash returns based on poor cash visibility
    • Lack of data and insight to support better decision making
    • Lack of visibility into global bank account management fees

Use Case

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

  • Purchasing drivers for selecting Kyriba:
    • Depth of visibility into cash, liquidity and risk
    • Highly connected ecosystem, i.e., banks, ERPs and other third-party financial systems
    • Quality of data and insight for better decision making
    • Depth of product functionality
    • Globalization of solution
    • 100% SaaS platform

Results

The surveyed company achieved the following results with Kyriba:

  • The biggest impact of choosing Kyriba so far:
    • Expanded visibility into cash and liquidity
    • Maximized cash returns with better visibility
    • Improved executive decision support
    • Saved time for strategic initiatives
    • Reduced financial and operational risk
    • Activated liquidity for growth purposes
  • How much Kyriba has helped improve the following:
    • Visibility into global cash and liquidity: > 75%
    • Protection against loss from fraud and financial risk: 50%-75%
    • Data and insights for better decision making: > 75%
  • Improved short and long-term cash returns by greater than 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 greater than 75%.
  • Has seen an ROI of 5X with their Kyriba investment.

Kyriba Case Study

Large Enterprise Health Care Company

Introduction

This case study of a large enterprise health care 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 5+ years.
  • Kyriba solution categories they are using:
    • Treasury Management (cash management, forecasting, debt, investments, BAM)
  • Top purchasing drivers for selecting Kyriba:
    • Clear market leadership
    • Depth of product functionality
    • 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
    • Reduced costs via cloud automation
    • Improved executive decision support
  • Rates the following since implementing Kyriba:
    • Improved staff productivity by automating treasury management processes: >75%
    • Increase in time spent on strategic initiatives by reducing: 50-75%
    • Reduced operational risk due to better controls: 50-75%
  • Improved cash returns by 25% to 30% since implementing Kyriba for better global cash visibility.

Kyriba Case Study

Large Enterprise Health Care Company

Introduction

This case study of a large enterprise health care 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.

“Treasury could not support all of the specialized reporting that business units rely on without the automation that Kyriba offers. Forecasting has become more accurate and closing times have significantly decreased. "

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
    • 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:
    • Commitment to security
    • Depth of product functionality
    • 100% SaaS

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
    • Reduced costs via cloud automation
    • Improved working capital management
    • Ability to maximize short-term cash investments
    • Improved executive decision support
  • Rates the following since implementing Kyriba:
    • Improved staff productivity by automating treasury management processes: >75%
    • Increase in time spent on strategic initiatives by reducing: 50-75%
  • Improved cash returns by up to 15% since implementing Kyriba for better global cash visibility.
  • Experienced an ROI of 2X with their Kyriba investment.

Kyriba Case Study

Large Enterprise Hospitality Company

Introduction

This case study of a large enterprise hospitality company is based on an April 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:
    • Operational risk, including fraud and cybercrime
    • Ensuring better compliance with global regulations / standards

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:
    • Payments (treasury and supplier payments, payments hub)
  • Top purchasing drivers for selecting Kyriba:
    • Commitment to security
    • 100% SaaS
    • Globalization of solution
    • Superior global bank connectivity
    • Strong business case

Results

The surveyed company achieved the following results with Kyriba:

  • Biggest business benefits since choosing Kyriba:
    • Reduced costs via cloud automation
    • Reduced operational risk, including preventing fraud and cybercrime
    • Enhanced global compliance
  • Rates the following since implementing Kyriba:
    • Reduced operational risk due to better controls: >75%

Kyriba Case Study

Success Story: Educational Institution

Introduction

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

“Increased efficiency and reduction of key person risk.”

Challenges

The business challenges that led the profiled organization 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
    • Lack of visibility into global bank account management fees

Use Case

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

  • Has been a customer of Kyriba for 5+ years.
  • Kyriba solution categories they are using:
  • Treasury Management (cash management, forecasting, debt, investments, BAM)
  • Top purchasing drivers for selecting Kyriba:
    • Commitment to security
    • Clear market leadership
    • Depth of product functionality
    • 100% SaaS
    • Globalization of solution
    • Superior global bank connectivity
    • Strong business case
  • Results

    The surveyed organization achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Increased productivity
      • Freeing up time for more strategic initiatives
      • Reduced costs via cloud automation
      • Improved working capital management
      • Ability to maximize short-term cash investments
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: >75%
      • Increase in time spent on strategic initiatives by reducing: >75%
    • Improved cash returns by up to 15% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 2X with their Kyriba investment.

    Kyriba Case Study

    Success Story: Medium Enterprise Financial Services Company

    Introduction

    This case study of a medium enterprise financial services 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.

    “Kyriba reduced the time spent on previously manual processes such as obtaining bank balances from all our bank accounts and setting up payments on bank portals.”

    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
      • Improved decision support

    Use Case

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

    • Has been a customer of Kyriba for 1-2 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
    • Superior global bank connectivity
    • 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
      • Reduced costs via cloud automation
      • 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%
      • Reduced impact of FX on earnings: up to 25%
    • Improved cash returns by 25% to 30% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 2X with their Kyriba investment.

    Kyriba Case Study

    Success Story: ZF Friedrichshafen

    Introduction

    This case study of ZF Friedrichshafen AG is based on an April 2019 survey of Kyriba customers by TechValidate, a 3rd-party research service.

    “Standardized basic processes across regional treasury centers and dramatically increased global visibility.”

    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:
      • Establishment of another regional treasury center – Dissatisfaction with prior system (Quantum).

    Use Case

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

    • Has been a customer of Kyriba for 5+ 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:
    • Commitment to security
    • Depth of product functionality
    • 100% SaaS
    • Globalization of solution
    • Strong business case
  • Results

    The surveyed company achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Increased productivity
      • Reduced costs via cloud automation
      • Reduced operational risk, including preventing fraud and cybercrime
      • Improved executive decision support
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: 25-49%
      • Increase in time spent on strategic initiatives by reducing: up to 25%
      • Reduced operational risk due to better controls: up to 25%

    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 Case Study

    Success Story: Medium Enterprise Insurance Company

    Introduction

    This case study of a medium enterprise insurance company is based on an April 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

    Use Case

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

    • Has been a customer of Kyriba for 1-2 years.
    • Kyriba solution categories they are using:
    • Treasury Management (cash management, forecasting, debt, investments, BAM)

    Results

    The surveyed company achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Improved working capital management
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: 50-75%
      • Reduced operational risk due to better controls: up to 25%
    • Improved cash returns by 25% to 30% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 7X with their Kyriba investment.

    Kyriba Case Study

    Success Story: Medium Enterprise Beverage Company

    Introduction

    This case study of a medium enterprise beverage company is based on an April 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
      • Lack of visibility into global bank account management fees
      • 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)
    • Risk Management (FX exposure management, hedge accounting, risk analysis)
    • Payments (treasury and supplier payments, payments hub)
    • Payments Fraud

    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
      • Ability to maximize short-term cash investments
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: 50-75%
      • Reduced operational risk due to better controls: up to 25%
    • Improved cash returns by up to 15% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 3X with their Kyriba investment.

    Kyriba Case Study

    Success Story: Educational Institution

    Introduction

    This case study of a medium enterprise insurance company is based on an April 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.

    “Automation and key reduction in operational risk/key person risk.”

    Challenges

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

    • Challenges they faced that caused their organization to buy Kyriba:
      • Inefficient manual processes that wasted time and resources
      • Improved decision support

    Use Case

    The key features and functionalities of Kyriba that the surveyed organization 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)
  • Top purchasing drivers for selecting Kyriba:
    • 100% SaaS
    • Superior global bank connectivity
  • Results

    The surveyed organization achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Increased productivity
      • Freeing up time for more strategic initiatives
      • Reduced operational risk, including preventing fraud and cybercrime
    • 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: 50-75%
      • Reduced operational risk due to better controls: 50-75%
    • Improved cash returns by up to 15% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 2X with their Kyriba investment.

    Kyriba Case Study

    Success Story: Large Enterprise Retail Company

    Introduction

    This case study of a large enterprise retail company is based on an April 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
      • Inability to get better short-term cash investment returns

    Use Case

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

    • Has been a customer of Kyriba for 1-2 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:
    • Strong business case
  • Results

    The surveyed company achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Increased productivity
      • Improved working capital management
      • Ability to maximize short-term cash investments
    • 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%
      • reduced impact of FX on earnings: 50-75%
    • Improved cash returns by > 30% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 5X with their Kyriba investment.

    Kyriba Case Study

    Success Story: Large Enterprise Retail Company

    Introduction

    This case study of a large enterprise retail company is based on an April 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.

    “The greatest benefit we realized with Kyriba was the time savings for GL postings. We were able to automate the process and gain flexibility in mapping options. Overall, we have eliminated MANY cumbersome spreadsheets and reduced human error.”

    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
      • 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
  • 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: >75%
      • Increase in time spent on strategic initiatives by reducing: up to 25%
      • Reduced operational risk due to better controls: 25-49%
      • Reduced impact of FX on earnings: up to 25%
    • Experienced an ROI of 2X with their Kyriba investment.

    Kyriba Case Study

    Success Story: Large Enterprise Computer Software Company

    Introduction

    This case study of a large enterprise computer software company is based on an April 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.

    “Free up time to work on other treasury initiatives and get a global view of cash.”

    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
      • Operational risk, including fraud and cybercrime
      • Lack of visibility into global bank account management fees
      • Improved decision support

    Use Case

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

    • Has been a customer of Kyriba for 5+ 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:
    • Clear market leadership
    • 100% SaaS
    • Strong business case
  • Results

    The surveyed company achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Improved working capital management
      • Ability to maximize short-term cash investments
      • Improved executive decision support
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: up to 25%
      • Increase in time spent on strategic initiatives by reducing: 25-49%
      • Reduced operational risk due to better controls: 50-75%
      • Reduced impact of FX on earnings: 25-49%

    Kyriba Case Study

    Success Story: NCR Corporation

    Introduction

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

    “Improved processes, better control, common platform across regions.”

    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
      • Operational risk, including fraud and cybercrime
      • Ensuring better compliance with global regulations / standards
      • Improved decision support

    Use Case

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

    • Has been a customer of Kyriba for 5+ 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:
      • Commitment to security
      • Clear market leadership
      • Depth of product functionality
      • 100% SaaS
      • Globalization of solution

    Results

    The surveyed company achieved the following results with Kyriba:

    • Biggest business benefits since choosing Kyriba:
      • Increased productivity
      • Reduced operational risk, including preventing fraud and cybercrime
      • Improved working capital management
      • Ability to maximize short-term cash investments
      • Improved executive decision support
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: 25-49%
      • Increase in time spent on strategic initiatives by reducing: up to 25%
      • Reduced operational risk due to better controls: 25-49%
      • Reduced impact of FX on earnings: up to 25%
    • Improved cash returns by 15% to 25% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 2X with their Kyriba investment.

    Kyriba Case Study

    Fortune 500 Insurance Company

    Introduction

    This case study of a Fortune 500 insurance 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.

    “Kyriba has created a nice cash management environment for our company. It has given us stability since it is a SaaS product. They continue to look for improvements and to be a market leader.”

    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

    Use Case

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

    • Has been a customer of Kyriba for 5+ 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:
    • Clear market leadership
    • 100% SaaS
  • 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
    • Rates the following since implementing Kyriba:
      • Improved staff productivity by automating treasury management processes: up to 25%
      • Increase in time spent on strategic initiatives by reducing: up to 25%
      • Reduced operational risk due to better controls: up to 25%
    • Improved cash returns by up to 15% since implementing Kyriba for better global cash visibility.
    • Experienced an ROI of 2X with their Kyriba investment.



    More Research on Kyriba