TechValidate Research on Kyriba


Kyriba Case Study

Success Story: Medium Enterprise Real Estate Company, US

Introduction

This case study of a medium enterprise real estate 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 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:
    • 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
    • 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%
    • Experienced an ROI of 2X with their Kyriba investment.




    About This Data

    This data was sourced directly from verified users of Kyriba by TechValidate.

    TechValidate verifies the identity and organizational affiliation of all participants that contribute to published research data. When research participants so desire, we also guarantee their anonymity so that they may share information honestly and freely.


    More Research on Kyriba