This large enterprise retail company faced Inefficient manual processes that wasted time and resources, inability to get timely and accurate global cash forecasts and inability to get better short-term cash investment returns.
This case study of a large enterprise construction company shows how Kyriba has allowed them to make decisions that we were not able to make easily before. They can quickly see where their cash sits. Previously, they had to log into multiple bank portals and download all their reports to see how much cash they had in each account, which was not an efficient way of operating.
The greatest benefit this large enterprise retail company realised with Kyriba was the time savings for GL postings. They were able to automate the process and gain flexibility in mapping options. Overall, They have eliminated MANY cumbersome spreadsheets and reduced human error.
EmblemHealth was seeking a treasury management solution to eliminate manual processes and to streamline wire payments – all with a fairly lean treasury team. After reviewing several solution providers, one of the primary reasons EmblemHealth selected Kyriba was for its Software-as-a-Service (SaaS) solution, which did not require internal IT support and could be implemented rapidly.