Medium US Based Global Corporate - Automotive
February 09, 2018
Medium US Based Global Corporate - Automotive
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Kyriba
F-M uses the following modules :
Cash/Forecasting
IHB
BAM
Debt including intercompany
The treasury management solution (TMS) is used by several geographic regions: US, Mexico, Europe & APAC Treasury operations. The system gave us an up-to-date visibility of banks, accounts, signers as well as assisted to manage cash, debt, other financing vehicles (and inclusive hedging if required) efficiently and proactively.
Cash/Forecasting
IHB
BAM
Debt including intercompany
The treasury management solution (TMS) is used by several geographic regions: US, Mexico, Europe & APAC Treasury operations. The system gave us an up-to-date visibility of banks, accounts, signers as well as assisted to manage cash, debt, other financing vehicles (and inclusive hedging if required) efficiently and proactively.
- Excellent database structure to store necessary data elements to retrieve either within the system itself through worksheets and reports or extract to Excel or other external platforms
- Easy to use and quite intuitive for treasury users
- Broad range of modules makes the system quite comprehensive for treasury organizations
- Currently the system can handle the default conversion to only one currency... it would be nice to toggle between multiple currencies; will be very helpful for global organizations
- Add an option to create user-defined reports outside of what is available as default reporting
- Time savings in preparing daily cash position and looking at different options when considering financing alternatives
- Accurate visibility of banking relations gave the company the ability to close dormant accounts, unnecessary relationships, etc
- Excellent starting point to strat negotiation of bank fees
- Industry recognition
- User-friendly platform
- Broader spectrum of modules