My main use of Kyriba is that it brings clarity and visibility into the organization's cash, which is a vital and fundamental requirement in supporting strategic business objectives and critical financial decisions.

It provides comprehensive, global cash management capabilities in an intuitive and easy to use manner, and it enables the accounting department to create accurate forecasts that deliver confidence throughout the organization.

It is the only solution that provides full reconciliation capabilities, which makes it easy to view prior day and intraday posting and the complete cash visibility with flexible cash positions and position dashboards.

Some of the best features Kyriba offers include payment processing and automation, forecasting, creation of accounting entries, reconciliation automation, and bank connectivity.

Kyriba positively impacts our organization by giving us the capability to generate journal entries for all cash and liquidity models and measure the effectiveness of forecasts. Also, through payment processing and automation and reconciliation automation, we have been able to save a lot of time, reduce errors, and save cost as well.

Accuracy has improved from thirty percent to forty-five percent, and we have been able to save a lot of time from fifty-five percent to seventy percent.

Kyriba can be improved by enhancing its network of connected systems and applications that have a lot of logs, sessions, and records to maintain.

The support team requires additional training for needed improvements.

Customer service has been a major issue for us as far as response time is concerned.

I have been using Kyriba for about five years and a few months.

Kyriba is stable. There are not many times where there are system issues; it has always been stable and performing optimally.

Kyriba's scalability is good; it grows with my organization's needs.

The customer support is very responsive and proactive.

I previously used Microsoft Office 2016 before switching to Kyriba.

We have seen a return on investment with a three hundred percent decrease in process-oriented tasks, a fifteen times overall increase in productivity, and fifty percent more reports available to distribute.

The pricing, setup cost, and licensing have been very accommodative, cost-effective, and affordable.

Before choosing Kyriba, I evaluated Microsoft Access as another option.

I advise others looking into using Kyriba that it is an awesome platform for managing multiple banks and bank accounts. It allows us to easily enter and send transactions as well as keep track of all flows. Kyriba provides a solid infrastructure and it is easy to understand the setup of accounts, banks, and companies. I would rate Kyriba a nine out of ten.

Hybrid Cloud

Amazon Web Services (AWS)

My main use case for Kyriba is that it's one of the best cash management systems, as the treasury business has met its operational needs in the areas of cash management, bank management, payments, liquidity, and many more.

With the help of Kyriba, an approachable piece of software, the number of mistakes and technical problems with bank statement integration was reduced, and our reporting has also greatly improved, taking much less time and effort.

The daily reconciliations offered by Kyriba are excellent, and the company delivers thorough reports. Kyriba offers very strong connectivity with banks for bank statements, and I appreciate being able to accurately predict my cash flows. Since it's cloud-based, there is no software to back up on servers, which reduces the cost of maintaining hardware.

Kyriba provides accurate insights, allowing us to make data-driven decisions easily. Our reporting has greatly improved from 55% to 65%, which enables us to save time because it takes much less time and effort. It also offers a simple UI and ease of integration with other ERP systems, which further improves our productivity in the organization.

I love its ability to get reports quickly, which saves time, and tracking of cash management is easy and helpful. The strong bank connectivity and cash flow prediction with Kyriba have made my work easier and more efficient because the number of mistakes and technical problems with bank statement integration has been reduced.

With the increased visibility and accuracy into cash position, both short-term and long, Kyriba allows the treasury team to optimize resources for a greater return on investments.

In some scenarios where we need customer support, Kyriba can still improve. Customer support with Kyriba should be improved, as sometimes they are slow to respond. Kyriba customer service is sometimes very unresponsive, although sometimes they are quick to respond. They should improve on that aspect, and it's also not easy to customize.

The implementation process with Kyriba takes a little bit of time.

I have been working in my current field for the past seven years.

Kyriba is stable.

Since implementation, Kyriba has continued to handle my organization's growth efficiently, so it's very scalable.

The customer support with Kyriba is very responsive and proactive.

I did previously use a different solution, specifically HighRadius and Autonomous Treasury.

My experience with Kyriba's pricing, setup cost, and licensing is that it is a very cost-effective and affordable tool that can be used by any size of organization.

I purchased Kyriba through the AWS Marketplace.

We have seen a return on investment with Kyriba, as we've been able to save a lot of hours per month, roughly up to 550 plus hours. Additionally, we've been able to achieve 100% real-time visibility and accuracy of liquidity.

My team has saved a lot of time with Kyriba because our reporting has greatly improved, taking much less time and effort.

Before choosing Kyriba, I evaluated other options, including the SAP Treasury and Risk Management tool.

My advice to others looking into using Kyriba is that it is extremely user-friendly. I would rate this review a 9.

Public Cloud

Amazon Web Services (AWS)

My main use case for Kyriba is cash management and forecasting, bank account management, capturing financial transactions, making payments, and planning liquidity. So far, I have implemented cash management and forecasting and am working through financial transactions. The product addresses my needs to report a daily cash position.

Kyriba helps with my daily cash reporting and forecasting by helping to reconcile forecasted cash flows to actual with sophisticated logic rules. It also helps to automate daily business processes with templates and schedules, which saves a lot of time.

Kyriba has positively impacted my organization by automating daily business processes with templates and schedules to save time and cost. There is also an improvement on interest income earned on excess cash through liquidity management and planning tools, along with a reduction in overdraft fees for superior cash management and forecast tools.

I have seen specific outcomes or metrics showing these positive impacts, such as a major reduction in time and cost from 55% to 30%.

The best features Kyriba offers include reconciliation that reconciles all forecasted cash flows to actual with sophisticated logic rules, summarizes data well with easily customizable on-screen reporting, and automates daily business processes with templates and schedules to save on time and cost.

The customizable on-screen reporting has helped my team make data-driven decisions easily. Kyriba has a very strong connectivity with banks for bank statements, and I appreciate the user-friendly and intuitive user interface.

Kyriba can be improved as it is difficult to implement sometimes. It is time-consuming, and customization is very hard.

Kyriba customer service is sometimes very unresponsive, and I rarely get a reply within a day.

I have been using Kyriba for the past five years.

Kyriba is stable.

Kyriba's scalability is good as it has continued to allow my organization to grow.

Customer support for Kyriba is sometimes very unresponsive, but at times very responsive.

I previously used SAP, specifically SAP Treasury and Risk Management, before switching to Kyriba.

My experience with pricing, setup cost, and licensing is that it is very cost-effective and affordable.

I have seen a return on investment as I have saved over 650 hours per month, been able to save 1 million as treasury can dedicate resources to other projects versus just managing cash, achieved 100% real-time visibility and accuracy of liquidity, 94% accuracy of cash forecasting, and approximately 20,000 dollars of cost avoidance in banking fees.

My experience with pricing, setup cost, and licensing is that it is very cost-effective and affordable.

Before choosing Kyriba, I evaluated other options such as Oracle Enterprise Data Management and HighRadius Autonomous Treasury.

My advice to others looking into using Kyriba is that it is extremely user-friendly from implementation to daily use, requiring minimal training for users specific to one area or module. It is very perfect for stress testing forecasts, providing additional insights into potential risks facing the organization, hence being able to make data-driven decisions easily. I rate this product a 9.

Hybrid Cloud

Amazon Web Services (AWS)

I have been working with Kyriba for quite some time now. In our first phase, we implemented three modules, and I was amazed by the ability to see over 200 bank accounts with a single click. Kyriba has been very helpful in supporting our company with our debt transactions, and we are currently implementing the payment hub, fraud, and bank fees modules.

Bank account connectivity is one of Kyriba's strongest modules. Bank connectivity is excellent, payments are strong, and foreign exchange is also great, with payment processing that includes visibility through its payment cockpit.

Kyriba has positively impacted my organization by improving the transparency of positions for reporting and decision-making from 30% to 55%. Efficiency due to the standardization of complex processes has improved as well.

Communicating update times has been the most valuable feature for my day-to-day work because Kyriba support replies to my questions within 24 hours or less.

Kyriba's best features greatly streamline our reporting process by centralizing data and automating many of the manual steps that were previously required.

The centralized data and reporting have changed things significantly for me. It has helped us cut down on spending time on day-to-day reporting that was manual work, and now we can run scheduled reports that automatically send to internal team members so we can make data-driven decisions easily.

Kyriba can be improved because sometimes the support is great, and other times it becomes very slow.

The internal design of Kyriba is rigid and confusing, which needs improvement.

I have been using Kyriba for approximately eight years.

Kyriba is a great tool which has greatly improved our process, and I would recommend it to any of my colleagues, as the ability to create jobs for reports helps save a lot of time and cost. I gave this product a rating of 8.

Hybrid Cloud

Amazon Web Services (AWS)

I typically use Kyriba as a treasury management system in my day-to-day operations; it helps me position cash and process wires.

For positioning cash or processing wires in my daily workflow, I leverage Kyriba's integration to extend information into Power Platform, including enabling both board-level and management-level reporting through Power BI.

I have other insights about how I use Kyriba, as reporting has been greatly improved through the reporting modules; it has been a great tool because this has allowed us to standardize processes, increase controls by reducing reliance on banking portals, and provide more real-time visibility into cash balances for forecasting to make more proactive strategic decisions.

In my opinion, the best features Kyriba offers include bank connectivity, which encompasses inbound or outbound, liquidity management and analytics, and increased automation of processes.

The automation of processes has greatly helped my team and organization, leading us to have fewer errors through automation, and it has helped us to save a lot of cost and time.

In addition to other improvements, there is great cash management; cash and debit reporting is great, and liquidity visibility has improved.

Kyriba has positively impacted my organization overall, as I have noticed specific changes and improvements since using it; the ability to create jobs through reports helps us to save a lot of time, and the automation feature has been a game changer, especially in reducing errors and also saving us a lot of time, improving our forecasting efficiency and providing better global cash visibility.

We have been able to greatly reduce errors from forty to twenty-five percent since implementing Kyriba.

Kyriba is a great tool, but I believe continued improvement in the reporting and dashboarding capabilities would be valuable.

Training through classes are a bit expensive; that is worth addressing.

I have been working as a Digital Marketing Manager at PwC for the past six years.

In my experience, Kyriba is stable.

Kyriba has handled growth easily in my organization; it is very scalable.

The customer support is very proactive, helpful, and available twenty-four hours a day, seven days a week.

Before Kyriba, I previously used Treasura.

I have seen a return on investment; it has improved interest income earned on excess cash through liquidity management and planning tools, resulted in a reduction in overdraft fees from superior cash management and forecasting tools, and caused a shift of man-hours from administration to analysis, providing more business efficiency and reducing overhead costs.

Based on my user experience, I find Kyriba to be very cost-effective with a very affordable setup cost.

Before choosing Kyriba, I evaluated other options, specifically Ayadi and Koyaga.

I would advise others looking into using Kyriba to consider that it is very cost-effective and easy to use for anyone; I feel it is well-suited for organizations with large volumes of cash transactions, and multinational organizations with largely dispersed teams will benefit from the aggregation of information into one source. I would rate this product a nine out of ten.

Hybrid Cloud

Amazon Web Services (AWS)

My main use case for Kyriba is that it has helped us to streamline our global forecasting and improve efficiency in our day-to-day handling of cash. Reporting has been greatly improved through the reporting module, and it has greatly improved our process.

Some of the best features Kyriba offers include cash management, global cash visibility, cash stroke debit reporting, bank account management, payment processing, and the cash position worksheet for positioning and general transaction searching.

The cash position worksheet for positioning and general transaction searching has made the biggest difference for me, providing clear day reporting and payment factory. Improved forecasting and global cash visibility have helped my team and the business by enabling us to improve our productivity in my organization, and we have been able to better handle our cash effectively.

Kyriba can be improved with the ability to better filter on a certain incoming transaction to build trends which will be improved.

Double-clicking on a payment opens as modify instead of a view would make my experience even better.

I have been using Kyriba for five years and some months.

Kyriba is very stable.

Kyriba's scalability is very good as it has handled my organization growth efficiently.

I would say Kyriba has one of the best support teams I have encountered for a long time; they are very responsive and proactive. I would rate the customer support a nine out of 10.

I previously used Microsoft Excel before switching to Kyriba. I switched from Microsoft Excel to Kyriba because it is very user-friendly, extremely easy to use for new team members, and is very cost-effective compared to Microsoft Excel.

I have seen a return on investment with greater cash visibility, greater payment visibility, and process improvement creating efficiencies.

My experience with pricing, setup cost, and licensing is that it is very cost-effective and an affordable tool that can be used by any size of organization, from small to large enterprises.

Before choosing Kyriba, I evaluated other options such as FIS Treasury and Risk Manager.

My advice to others looking into using Kyriba is that it is the gold standard TMS; it is never down, never fails to make a payment or ingest a file, is user-friendly, and is easy to teach to new team members without TMS experience. Additionally, it has created itself as a central hub of our banking connectivity environment. I would give this product an overall rating of 8 out of 10.

Hybrid Cloud

Amazon Web Services (AWS)

My main use case for Kyriba is that it helps us manage our cash accounting, bank reconciliations, cash forecasting, liquidity planning, and payments.

Regarding my main use case for Kyriba, I find it very helpful when consolidating bank platforms in one place, as it allows us to consolidate data for easier forecasting and sort data based on specific needs.

The best features that Kyriba offers include Bank Connectivity, Cash Accounting, In-house Banking, and GL Reconciliation.

Out of those features, I find Bank Connectivity most valuable in my day-to-day because it also communicates updated release times, and Kyriba supports replies to my questions within a few hours or instantly, so it has been very useful.

I love that Kyriba automates the GL reconciliation process and almost eliminates the need for posting cash accounting, allowing us to easily track debt and produce amortization schedules with the deal capture model.

Kyriba has positively impacted my organization by automating the GL reconciliation process and eliminating the need for posting cash accounting, saving us a lot of time and cost through automation. We have been able to enhance the accounting process by automating bank reconciliation and cash accounting, reducing the use of Excel for forecasting and enabling us to provide a revised forecast within minutes versus days.

I believe payments processing should be improved in Kyriba, and also the financial accounting should be improved.

I gave it a nine out of ten because we have been able to streamline the accounting process by automating bank reconciliation and cash accounting. What would make it a perfect ten for us is an improvement on payment processing to be faster and more accurate.

I have been using Kyriba for the past five years.

Kyriba is stable.

Kyriba's scalability is very good as it has continued to grow with my organization's needs.

The customer support is very responsive and proactive.

I did not switch from any previous solution.

My experience with pricing, setup cost, and licensing has been great as this has been one of the most cost-effective tools, and I am really happy about the price since it is very affordable.

I purchased Kyriba through the AWS Marketplace.

I have seen a return on investment as all treasury data is in one place from automated flows reporting in from financial institutions to storing our contracts, logically stored in one system. Our workflows allow for clear configuration of processes, allowing us to maintain process integrity and simplify processes throughout the organization.

My experience with pricing, setup cost, and licensing has been great as this has been one of the most cost-effective tools, and I am really happy about the price since it is very affordable.

Before choosing Kyriba, I evaluated other options including NetSuite ERP.

My advice to others looking into using Kyriba is that it is helpful when consolidating bank platforms in one place, allowing for easier data consolidation for forecasting and sorting data based on specific needs. I would rate this product nine out of ten.

Hybrid Cloud

Amazon Web Services (AWS)