Kyriba’s VP of Strategy, Bob Stark, talks about the three core benefits corporate treasuries are experiencing from TMS Systems like Kyriba - automation, audits and controls, and visibility.
Recursos para gestionar la tesorería
Retail treasury teams are faced with a very distinct set of requirements and demands compared to other organizations. Kyriba’s experience working with dozens of major retail brands worldwide ensures that it can meet the unique challenges of today’s retail-focused financial professionals.
Kyriba offers a fully web-based SaaS solution that delivers optimized decision-making, minimized risks, enhanced control and compliance, and increased operational productivity.
ILG is a recognized leader in the watchmaking market and an established player in the branded eyewear, jewelry and leather goods markets.
The Swiss-based manufacturer and distributor has been optimizing its cash management and forecasting using Kyriba to achieve a consolidated view of its group-level cash positions. It has also benefited from Kyriba’s core strength in bank connectivity to enhance controls, reduce risk of fraud, and enable more strategic decision-making.
Working Capital optimization is a strategic objective for CFOs as they fight to generate bottom line value and generate free cash flow. Kyriba offers CFOs two compelling benefits: the ability to improve working capital, as well as the opportunity to increase net income.
Why are 10 CFOs ‘sounding off’ about treasury? Because they feel passionate about the direct and immediate value that that treasury can deliver when properly activated via cloud-based technology.
Whether it’s improving global cash visibility, managing FX risk or protecting against fraud, more and more companies are seeing the benefits of treasury management systems. However, in their rush to deploy a TMS, they often overlook proper implementation practices, vastly underestimating the challenges and complexity. This results in their TMS project falling short of what they expected due to running out of time, going over budget, or simply getting overwhelmed.
Lina Rauh, Sr. Treasury Analyst at Ryerson explains how implementing Kyriba has streamlined their processes and enabled them to look at their 100+ bank accounts from one platform.