Secure TMS that suits many global Treasury departments and users
February 06, 2018
Secure TMS that suits many global Treasury departments and users
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Kyriba
Kyriba is used in the treasury department of our US-based organization. It replaced Excel spreadsheets with an integrated cloud treasury management system.
- Uses the cloud as a SaaS system. We did not have to buy software, which would need upgrades and have version issues.
- Core strengths are cash management, bank communications, and reporting.
- The system also now has a Bank Account Administration module which we are implementing.
- Implementation consistency could have been improved. They swapped out many project managers and technical folks.
- Our operational risk reduced a great deal, so not reliant on one person's closed knowledge. Got us away from many spreadsheets.
- Our reporting to users is automated, reducing bank fees, and just happens behind the scenes smoothly.
- It allows us to think of our cash flows differently with more insight.
- Reval, SunGard and PeopleSoft
PeopleSoft did not have implementers for treasury; SunGard was too expensive and Reval did not meet our functional requirements.