Kyriba Implementation in Progress!
February 12, 2024
Kyriba Implementation in Progress!
Score 10 out of 10
Vetted Review
Verified User
Modules Used
- Kyriba Treasury
- Kyriba Payments
- Kyriba Financial Transactions
- Kyriba Liquidity Planning
- Kyriba Bank Account Management
Overall Satisfaction with Kyriba
We are in the process of implementing Kyriba for cash management and forecasting, bank account management, capturing financial transactions, making payments and planning liquidity. So far we have implemented cash management and forecasting and are working through financial transactions. The product addresses our needs to report a daily cash position.
- Reconciles forecasted cash flows to actuals with sophisticated logic rules
- Automates daily business processes with templates and schedules
- Summarizes data well with easily customizable on-screen reporting
- Some of the financial transaction cash flows do not integrate well with cash management and forecasting
- Dashboards and Power BI are not readily available out of the box in the baseline product
- Tracking of interest on bank accounts is not available in an automated fashion
- Improvement on interest income earned on excess cash through liquidity management and planning tools
- Reduction in overdraft fees from superior cash management and forecasting tools
- Shift of man hours from administration to analysis providing more business efficiency and reducing overhead costs
Treasura has not been invested in for product development for over a decade. It was ahead of its time back in 2010 but now it falls short of the user experience and sophistication / logic rules that Kyriba provides. Kyriba continues to invest in and develop its product to continue to innovate along with its clients.
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