Many companies in the energy industry are challenged by a lack of visibility into debt, investments and liquidity, which hampers strategic decision making. In addition, they struggle with scaling AP payments, while also trying to minimize impacts from FX exposures. Kyriba helps companies manage the challenges associated with being a global company by providing:
Over 2,000 Organizations Globally Trust Kyriba
Senior Director, Corporate Finance & Accounting at AEG
Average Quantitative Results
How Treasury Centralization is Helping Oilibya Increase Efficiency & Reduce Costs
With 34 affiliate companies working in 20 different currencies, and more than 400,000 transactions per year, Oilibya needed to remedy the lack of consolidated cash visibility.
Learn how their treasury team worked to gain a timely view of their liquidity and FX risk exposures, as well as full visibility of the intercompany cash flows.
GROUP TREASURER, OILIBYA
FACT SHEETKyriba - The Global Leader in Cloud Treasury Solutions
Kyriba offers the world’s most popular treasury management system, delivered fully in the cloud. Kyriba delivers the full suite of treasury modules from cash management to hedge accounting. Our solution is categorized into four areas.
FACT SHEETPayment Management
Payment processing and execution are critical functions for most corporate treasury departments. Ineffective management of these activities can directly impact cash visibility and accuracy, reduce operational efficiencies, increase difficulty in complying with regulatory requirements, and introduce the risk of fraud.
CASE STUDYCase Study: How Kyriba Helps Oil and Gas Companies
Overall, (the company) expects to optimize operational efficiency by 80 percent, while reducing operational costs by around 20 percent, with the expectation that these metrics will improve over time.