Treasury Advisory at a tech vendor with 10,001+ employees
Real User
Top 10
Jul 25, 2026
My main use case for Kyriba is implementing Kyriba in systems across different companies. I have implemented cash management, payments, and accounting modules for one of the government entities in Saudi Arabia. I also implemented Kyriba in one of the companies where we faced a challenge with bank connectivity. The client wanted SFTP connectivity; however, it was not available with banks due to the technology being outdated. We resolved this issue by building API connectivity on Kyriba platform.
Treasury Specialist at a transportation company with 1,001-5,000 employees
Real User
Top 20
May 28, 2026
My main use case for Kyriba includes cash forecasting, manual reconciliation, in-house banking, bank statements, reporting, and payment approvals. We have an ERP named D365 which is linked to Kyriba and the bank, so when a payment is generated in D365, Microsoft AX Dynamic, the files are sent over to Kyriba for approval. In Kyriba, we approve those payments, which are then sent over to the banks. The payment sent yesterday comes to Kyriba in MT940 format where we can see all the transactions manually reconciled, and in each of the entities in the cash forecasting model, we can see what has been paid and what has been forecasted. We can also do the forecast for a longer period to determine in which accounts we need funds.
As a treasury tool, I have seen clients implement Kyriba extensively. I have worked in the capacity as a consultant to guide them through the process of setting up Kyriba, more from a top-down business process perspective and how to manage the treasury pieces differently in different kinds of organizational financial setups. Cash pooling is the specific example where I have extensively seen Kyriba being used for treasury management. What it means is the inter-company trades are not settled between those inter-company parties, but settled against the parent company code, sort of acting as an anchor between the two child nodes. The cash gets settled against the anchor nodes or the parent company, and then the parent company settles the differences to the other company codes in the network. A corporate company code acts as the cash pool, while the other entities within the group connect up with the cash pool or the corporate entity to settle inter-company trades, and that is where the book of records of inter-company settlements is maintained.
Technology Specialist at a manufacturing company with 10,001+ employees
Real User
Top 10
May 9, 2026
My name is Hrushikesh Praveenand Thapar, and I am a Technology Specialist at Heineken Global Shared Services, Hyderabad, India. I have been working with Kyriba since 2022 to the present date. I initially implemented the payments module while I was at Deloitte. At Heineken, we are using Kyriba for bank statements and GL reconciliation and in intercompany loans.
Kyriba is mainly used for cash reporting and payments at our organization. We use Kyriba to consolidate all our cash positions across the globe. From a payments perspective, we use it with SWIFT connectivity, so all the payments go through our own SWIFT BIC to the banks directly.
Consultant at a tech vendor with 10,001+ employees
Real User
Top 10
May 8, 2026
My main use case for Kyriba is to onboard merger and acquisition-based accounts, set the account life cycle, and make payments streamlined as Kyriba is a SaaS-based payments concentrator that helps with treasury management system and keeps cash visibility up to date. Once a merger, acquisition, or demerger is announced, the legal team reaches our treasury team for a sign-off on onboarding these accounts. We perform KYC on different levels, running in parallel with the account opening process or migration novation process. Then we reach out to Kyriba. As an admin in Kyriba systems, I have the privilege to make modifications, create accounts, company codes, budget codes, and everything that pertains to these accounts so that it can have day-one capability from treasury's visibility and cash visibility perspective. This helps us onboard accounts and readily use Kyriba for treasury operations and other accounts payable and receivable perspectives. Kyriba is the best software available, and I have no comments to make otherwise. I have seen a return on investment based on the user data we have and industry standards. The initial investment on cost or yearly fee gets superseded by the transaction fees and tax savings we have on bulk transactions and cross-border connectivity Kyriba offers. The return on investment is certainly above 1x, which means we get more than what we have invested. I would say Kyriba is a very profitable proposition when pricing is done correctly and then implemented on a large level.
Kyriba offers cloud-based treasury and financial management solutions that streamline and enhance financial operations. Its advanced technology assists businesses in optimizing liquidity, minimizing risk, and enhancing cash forecasting capabilities.
Kyriba's comprehensive suite provides an integrated platform designed to meet evolving demands in corporate finance. With its focus on delivering intuitive and strategic tools for treasury management, Kyriba serves a range of industries with...
My main use case for Kyriba is implementing Kyriba in systems across different companies. I have implemented cash management, payments, and accounting modules for one of the government entities in Saudi Arabia. I also implemented Kyriba in one of the companies where we faced a challenge with bank connectivity. The client wanted SFTP connectivity; however, it was not available with banks due to the technology being outdated. We resolved this issue by building API connectivity on Kyriba platform.
My main use case for Kyriba includes cash forecasting, manual reconciliation, in-house banking, bank statements, reporting, and payment approvals. We have an ERP named D365 which is linked to Kyriba and the bank, so when a payment is generated in D365, Microsoft AX Dynamic, the files are sent over to Kyriba for approval. In Kyriba, we approve those payments, which are then sent over to the banks. The payment sent yesterday comes to Kyriba in MT940 format where we can see all the transactions manually reconciled, and in each of the entities in the cash forecasting model, we can see what has been paid and what has been forecasted. We can also do the forecast for a longer period to determine in which accounts we need funds.
As a treasury tool, I have seen clients implement Kyriba extensively. I have worked in the capacity as a consultant to guide them through the process of setting up Kyriba, more from a top-down business process perspective and how to manage the treasury pieces differently in different kinds of organizational financial setups. Cash pooling is the specific example where I have extensively seen Kyriba being used for treasury management. What it means is the inter-company trades are not settled between those inter-company parties, but settled against the parent company code, sort of acting as an anchor between the two child nodes. The cash gets settled against the anchor nodes or the parent company, and then the parent company settles the differences to the other company codes in the network. A corporate company code acts as the cash pool, while the other entities within the group connect up with the cash pool or the corporate entity to settle inter-company trades, and that is where the book of records of inter-company settlements is maintained.
My name is Hrushikesh Praveenand Thapar, and I am a Technology Specialist at Heineken Global Shared Services, Hyderabad, India. I have been working with Kyriba since 2022 to the present date. I initially implemented the payments module while I was at Deloitte. At Heineken, we are using Kyriba for bank statements and GL reconciliation and in intercompany loans.
Kyriba is mainly used for cash reporting and payments at our organization. We use Kyriba to consolidate all our cash positions across the globe. From a payments perspective, we use it with SWIFT connectivity, so all the payments go through our own SWIFT BIC to the banks directly.
My main use case for Kyriba is to onboard merger and acquisition-based accounts, set the account life cycle, and make payments streamlined as Kyriba is a SaaS-based payments concentrator that helps with treasury management system and keeps cash visibility up to date. Once a merger, acquisition, or demerger is announced, the legal team reaches our treasury team for a sign-off on onboarding these accounts. We perform KYC on different levels, running in parallel with the account opening process or migration novation process. Then we reach out to Kyriba. As an admin in Kyriba systems, I have the privilege to make modifications, create accounts, company codes, budget codes, and everything that pertains to these accounts so that it can have day-one capability from treasury's visibility and cash visibility perspective. This helps us onboard accounts and readily use Kyriba for treasury operations and other accounts payable and receivable perspectives. Kyriba is the best software available, and I have no comments to make otherwise. I have seen a return on investment based on the user data we have and industry standards. The initial investment on cost or yearly fee gets superseded by the transaction fees and tax savings we have on bulk transactions and cross-border connectivity Kyriba offers. The return on investment is certainly above 1x, which means we get more than what we have invested. I would say Kyriba is a very profitable proposition when pricing is done correctly and then implemented on a large level.