Kyriba Cash Management Review
April 16, 2018

Kyriba Cash Management Review

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

Overall Satisfaction with Kyriba

Kyriba is used as the treasury platform that helps us with inflows and outflows from multiple banks. It addresses the issue of having to use multiple bank portals instead of Kyriba which provides us the ability to have every bank and transaction consolidated into one sole system, providing more accurate reporting abilities.
  • Consolidates all banks into one concise system.
  • Very convenient reporting abilities.
  • Flexibility with how statements come in.
  • Customer service has been a major issue for us as far as response time.
  • Lack of communication as to when there are system issues.
  • If systems are down, usually no timetable to get back up creating operational risk.
  • 300% decrease in process oriented tasks
  • 15x overall increase in productivity
  • 50% more reports available to distribute
  • Elire
Elire had a lot of options that we deemed unnecessary, and the cost was much more than that of Kyriba. Elire did have some options that were very intriguing to us that Kyriba cannot do, but the price differential combined with the complexity of Elire made us decide that Kyriba was the better option.
Kyriba is an awesome platform for managing multiple banks and bank accounts. It allows you to easily enter and send transactions as well as keep track of all flows, and there are not many times where there are system issues. If you only use one or two banks and only have a few accounts, it probably isn't a necessary system.