Treasury Solutions Consultant
Overall Satisfaction with Kyriba
I represent the Kyriba reseller. So I am using Kyriba in the implementation of cash management, forecast, financial transactions, etc. It's centralizing the treasury payments and deals booking. Replacing manual inputs of deals and forecasts, hence saving time. Its dashboards are highly suitable for higher management to have visibility. The mobile app is an added advantage.
- Payments processing and automation.
- Forecasting
- Creation of accounting entries.
- Reconciliation automation.
- Bank connectivity.
- Supply chain finance.
- Valuations of instruments.
- Reduced manual hours of bank statement downloads, saving thousands of dollars of salaries of employees who can work on more strategic tasks.
- Reduced time and errors in payment processing, saving thousands of dollars.
- Visibility, dashboards and reports for c-level management.
Do you think Kyriba delivers good value for the price?
Yes
Are you happy with Kyriba's feature set?
Yes
Did Kyriba live up to sales and marketing promises?
Yes
Did implementation of Kyriba go as expected?
Yes
Would you buy Kyriba again?
Yes
C2treasury is a good product but with limited functionality, particularly in the connectivity space. They don't offer a concentrator solution that is cheap for fewer accounts. Reporting is also limited. BlackLine is a different product but its Bank reconciliation is a little better than Kyriba. Kyriba needs to improve GL rec and needs to have real-time updates. Otherwise, Kyriba stands out as a cloud treasury solution.