What users are saying about
37 Ratings
1 Ratings
37 Ratings
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Score 9.4 out of 100
1 Ratings
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Score 9 out of 100

Likelihood to Recommend

Kyriba

Well suited:
  • Payment hub, managed to pay multiple thousands of payments daily without suffering delays, including payments to different continents
  • Router of different format files via SWIFT communication channel to multiple banks
  • Easy to setup approval rules, options to base the different approval colleges in the transaction type, the amount, the account, the country, etc. and to setup as approvers one single user, a group of users, tailor-made rules (one user can provide first approval and a list of specific users can provide second, but not possible the other way around, etc.)
Less appropriate:
  • Would not recommend Kyriba to manage your intercompany loans, not user friendly at all and competitors offers many more options
  • In my opinion, tool is intended for companies with a high volume of payments, if you are only going to process a few, costs are too high
Eric Matellán | TrustRadius Reviewer

Reval

Reval is suited to a large number of transactions across a disaggregated business. It may not be well suited where especially complex derivatives and highly stylized reporting are required.
Anonymous | TrustRadius Reviewer

Pros

Kyriba

  • Kyriba is great for creating a position of cash flow. We are able to use that information to create an accurate daily cash position that is used by Management in the decision making processes. With all the bank information reporting into Kyriba we are able to easily monitor liquidity.
  • Kyriba makes it easy to monitor the activity in multiple bank accounts across the organization. Having all the transactions feeding into a centralized platform saves us valuable time each morning. This also increases our visibility into each account.
  • Kyriba is able to track all of our financial instruments for us. It is easy to update information for our various loans because it is all in one location. We are able to run reports at month end at the push of a button so we can reconcile our activity against the bank reports.
Lina Isabel Rauh | TrustRadius Reviewer

Reval

  • Automates liquidity management via bank account interfaces across a large number of global bank accounts
  • Enables decentralized access and management at, local, regional, and global levels
  • End-to-end tracking, reporting, accounting, and settlement of all derivative and financial trades.
Anonymous | TrustRadius Reviewer

Cons

Kyriba

  • Keep working on adding content and functionality to Cash Forecasting, especially looking out 1-2 years (or more) to create a daily/weekly/monthly/annual forecast and do variance analysis.
  • Improve Bank Fee module to add more variance analysis, benchmarking, and reporting. The last I looked, it mainly converted the 822 files to excel reports and did some comparison to the bank's original per item pricing, but not much more than that.
  • Haven't used their BAMS module as yet, and it probably improved since the last time I looked at it, but at the time, it was pretty good but needed more work. Kyriba needs to work with the main banks to allow their BAMS forms and activity to be accepted by the banks, and ideally integrated with the banks. The big problem in this space isn't Kyriba - it's the lack of standard forms and processes within the industry for Bank Account Management. Hoping Kyriba and other TMS/BAMS providers can help drive this.
Steve Walden | TrustRadius Reviewer

Reval

  • The user interface is not as fresh or pretty as some competitors, but is nonetheless very functional.
  • Advanced report-writing likewise is not as simple as some competitors, however once set up, reports are usually easy to modify.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Kyriba

Kyriba 10.0
Based on 1 answer
It has become an important tool that is used daily.
Terri Haga, CTP | TrustRadius Reviewer

Reval

No score
No answers yet
No answers on this topic

Usability

Kyriba

Kyriba 8.0
Based on 1 answer
It can always be better. There needs to be more instances wherein the user can make changes that work for them and those changes would be saved for future use, not having to make the same changes over and over again.
Terri Haga, CTP | TrustRadius Reviewer

Reval

No score
No answers yet
No answers on this topic

Support Rating

Kyriba

Kyriba 9.7
Based on 4 answers
We have weekly calls with our support team to discuss ongoing implementation projects and other issues we find from time to time. They are very responsive to any questions we have and can escalate issues to a higher level of support if they do not have the expertise necessary to fix the problem. They are helpful in coordinating testing with banks if necessary, and provide regular statistics regarding support calls, causes of problems, and resolution.
Anonymous | TrustRadius Reviewer

Reval

Reval 9.0
Based on 1 answer
They are usually prompt and reliable. Occasionally, we have time difference issues as support is often offshore some local staff turnover since ION acquired Reval, but this has been managed.
Anonymous | TrustRadius Reviewer

Implementation Rating

Kyriba

Kyriba 8.0
Based on 2 answers
We had some issues with one of the implementation people provided by Kyriba. The communication skills were lacking, with assumptions being made as to what we knew already. It was very frustrating. Once that was resolved, further module implementations have been smoother.
Terri Haga, CTP | TrustRadius Reviewer

Reval

No score
No answers yet
No answers on this topic

Alternatives Considered

Kyriba

Kyriba offers a more comprehensive and end to end workflow for a SaaS offering. It is structured around Cash management/visibility but has sufficient functionality for complementary functions to serve as a stand-alone system at a better cost than its competitors. It is more mature as a product without being too functionally convoluted or diffuse.
Anonymous | TrustRadius Reviewer

Reval

GTreasury acquired Visual Risk (which was an alternative product), but we preferred Reval for processing grunt (albeit GTreasury/Visual risk had an easier user interface).Have used Sungard/Quantum previously, however, I haven't looked at it recently.
Anonymous | TrustRadius Reviewer

Return on Investment

Kyriba

  • It has enabled us to gather up to date information across numerous entities in one place. Because of this, we have been able to analyse our group cash as a whole much more easily and see our high and low cash positions a lot sooner than before we used Kyriba. This has improved our investment returns management ten-fold.
Simon Barker | TrustRadius Reviewer

Reval

  • Excellent ROI in terms of being able to scale volume and complexity without adding headcount
  • Excellent ROI in terms of automation
  • Much more timely and effective management of key financial risks facing the business
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

Kyriba

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Reval

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

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