Kyriba review from an international company
April 13, 2018

Kyriba review from an international company

Simon Barker | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Kyriba

Kyriba is currently used within our treasury department. However, we are also able to generate automatic reports for other departments in order to provide them with cash balances on all our accounts.

We use the system mainly for cash forecasting and analysis, reporting, bank account management and signatory management.

  • Cash forecasting is very easy to use. We have been able to simplify our processes and save a lot of time which has led us to be able to spend more time on strategic analysis.
  • We have many different departments using many different banking portals which the treasury department has to maintain. Kyriba lets us track all these users and portals in one place, something which we struggled to find elsewhere. This helps us save time and aides us with internal policy.
  • The reporting function is great - there are so many ready made templates available to use. We have scheduled reports that are waiting in our inbox in the morning advising us on cash balances and positions, reports that are daily/weekly/monthly that are, again, automatic or can be ran on an ad hoc basis.
  • The system does have a tendency to log you out whilst you are in the middle of something and does have occasional periods of "slowness". However, I believe a major update has just been implemented.
  • 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.
We are very happy with how much time Kyriba saves us when forecasting our accounts and deciding how much we need to fund certain accounts. Within a few clicks, we can run target balancing in one job for several accounts and currencies and generate payment instructions at the same time.