Chemicals

Treasurers in the chemical industry need real-time insight into global cash and liquidity to make smarter decisions.

Many chemical companies are challenged by the global nature of their business, which brings into play unforetold risks and costs associated with FX, as well as difficulty managing payments and gaining visibility into global accounts. Kyriba helps companies manage the challenges associated with being a global company by providing:

Insight into Exposures
Kyriba helps organizations gain visibility into all of their currency pairs and pinpoint any exposures.

Automated Payments
Kyriba centralizes payment controls, enabling initiation, approval and release of payments to any bank.

Cash Visibility
Kyriba delivers in-depth visibility into global cash to support critical financial decisions and strategic business objectives.

 

Over 2,000 Organizations Globally Trust Kyriba

“Kyriba is empowering my digital transformation at work particularly because we are now real-time. We were never able to do that before.”
LORA BARTOLOME
Senior Director, Corporate Finance & Accounting at AEG
 
 

Average Quantitative Results

410
Hours saved per month using Kyriba
$3.4M
Average of total 5 year savings
5.17
Average of payback months
 
Source: Data compiled from surveying more than 200 companies as part of Kyriba's value engineering process.

Reducing the EPS Impact of Currency Volatility

Cabot Corp. had difficulty gaining and maintaining an accurate, complete and timely understanding of their exposure across all of the currency pairs they were doing business in, leading to unwanted FX impacts to the company’s EPS.

Learn how the organization was able to gain access to and use current and historical data to show undetected revaluation and multi-currency accounting issues.

FCabot Case Study PDF Image
 
“As a global company, currency can significantly impact our EPS. We now have the policies, processes, automation and intelligence we need to more effectively manage foreign exchange exposures. In this market, that’s not a nice-to-have. It’s a must have.”
EDDIE CORDEIRO
CFO, CABOT CORPORATION