The best features Kyriba offers include cash and liquidity management, automatic reconciliation, AI-based forecasting, cash forecasting, and the ability to generate cash position worksheets. Kyriba streamlines batch payments and has worldwide connectivity reach, even dealing with sanctioned countries or sanctioned states so that business can run while respecting sanctions and other restrictions under the law of the land. AI-based forecasting has the ability to learn through machine learning. Once the nature, practices, or repetitive transactions are fed as backtesting, they can be implemented to create further cash positions and forecasting, which leads to effective operative cash flow fluidity and helps businesses reduce unnecessary costs on intercompany transfers, cross-border transfers, and tax implications. On a global level, we have accounts that are really connected and help with effective cash management, ensuring that cash does not sit idle at any branch or entity and generates inorganic income along with the organic business that a particular company has to offer. Kyriba has had a positive impact on my organization. Prior to implementation, cash visibility was somewhere around 60 to 70 percent. After post-implementation, the efficiency runs at 99.8 percent, with the 0.2 percent being restricted entities that we are not supposed to integrate due to some compliance issues. Otherwise, Kyriba works well, and cash management improved with an efficiency of 102 percent, which is an outstanding achievement.
