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Kyriba Reviews & Product Details - Page 3

Kyriba Overview

What is Kyriba?

Kyriba's Liquidity Performance platform is built to end Liquidity Gridlock. We bring intelligence and financial automation into a unified platform to increase operational efficiency and improve financial performance. Kyriba’s mission is to empower CFOs, Treasurers and their teams to connect, protect, forecast and optimize liquidity. For more information, visit www.kyriba.com.

Kyriba Details
Discussions
Kyriba Community
Languages Supported
Arabic, German, English, French, Italian, Japanese, Polish, Portuguese, Romanian, Spanish, Turkish, Vietnamese, Chinese (Simplified), Chinese (Traditional)
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Product Description

Kyriba is a cloud-based Proactive Treasury Management for CFOs, treasurers and finance leaders it optimize their cash, manage their risk, and work their capital.


Seller Details
Seller
Kyriba
Year Founded
2000
HQ Location
San Diego, CA
Twitter
@kyribacorp
4,837 Twitter followers
LinkedIn® Page
www.linkedin.com
1,086 employees on LinkedIn®
Description

Kyriba enables CFOs and Treasurers to maximize growth, protect against loss from fraud and financial risk, and improve business continuity through advanced automation. With over 2,500 clients worldwide, Kyriba delivers a secure and scalable SaaS platform to transform financial processes, unify data and connect to the largest global network of banks, ERPs, and apps.


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Overview Provided by:

Recent Kyriba Reviews

SH
Staci H.Enterprise (> 1000 emp.)
4.0 out of 5
"Kyriba - TMS Workstation"
The most helpful component of Kyriba is the efficiencies gained. The time required to report our cash position has decreased by half. The team also...
Cynthia G.
CG
Cynthia G.Enterprise (> 1000 emp.)
4.0 out of 5
"Kyriba is a great option for your Treasury management"
Using several banks can be hard to manage cash, with Kyriba it is all in one spot. Just one login for cash, payments and reports.
JS
Jerry S.Enterprise (> 1000 emp.)
5.0 out of 5
"Kyriba Reporting"
The ability to have one source to view all of our bank accounts is a huge plus for our organization.
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Kyriba Media

Kyriba Demo - Liquidity Analytics Dashboard
The Liquidity Analytics Dashboard in Kyriba offers a clear, real-time, and actionable overview of an organization's liquidity position and related metrics, helping treasury professionals make informed decisions and ensure optimal cash management strategies.
Kyriba Demo - Cash Analytics Dashboard
The Cash Analytics Dashboard in Kyriba presents crucial financial information that enable finance teams to answer questions like, Do I have enough cash? Are my cash forecasts reliable? What is my activity with banks?
Kyriba Demo - Payments Analytics Dashboard
The Payments Analytics Dashboard in Kyriba gives users an at-a-glance overview of their organization's payment activities, ensuring efficient payment processing, compliance with approval workflows, and effective management of financial transactions.
Kyriba Demo - Compliance Analytics Dashboard
The Compliance Analytics Dashboard in Kyriba helps users monitor and manage fraud risks, ensure compliance with regulations, and effectively respond to potential incidents, thereby safeguarding the organization's financial integrity and reputation.
Kyriba Demo - Risk Analytics Dashboard
The Risk Analytics Dashboard in Kyriba helps financial risk. It helps answer questions like, How much is available on my credit lines? What is my borrowing profile? What is the value of my financial assets?
Kyriba Demo - Supply Chain Finance Analytics Dashboard
The Supply Chain Finance Analytics Dashboard in Kyriba helps users manage and optimize their organization's working capital position, improve the cash conversion cycle, and make informed supply chain financing decisions to achieve financial efficiency.
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66 Kyriba Reviews

4.6 out of 5
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66 Kyriba Reviews
4.6 out of 5
66 Kyriba Reviews
4.6 out of 5

Kyriba Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for KyribaQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Transportation/Trucking/Railroad
AT
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Kyriba?

Kyriba makes managing multiple banking structures easy, and eliminates the need to log into multiple online banking portals for reporting and payment processing. Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

The system is flexible and customizable, but not very user friendly/intuitive. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

visibility to our bank accounts, payment processing, managing account signers, accounting, and cash reporting Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
EC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Kyriba?

Kyriba is what my team logs into every single day and it is the source of truth for our Treasury organization. It has made our company more nimble and less reliant on any one single bank counterparty.

If you're not using Kyriba now, what are you doing? Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

UI is not as glossy or user friendly as the major bank portals. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

Kyriba is our central pathway to processing payments and bank data across all of our bank counterparties and internal entities. Review collected by and hosted on G2.com.

Marc B.
MB
Treasury Manager
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Kyriba?

Access to our global cash positions held at multiple institutions in an instant. Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

Hard to pinpoint anything specifically; it is not a perfect system but there always seems to be a way to get things done and the support team is amazing. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

Kyriba has reduced our reliance on manual global payments; it has streamlined our daily cash reporting needs, in addition to executive reporting and gl recon processes. Kyriba is a time saver! Review collected by and hosted on G2.com.

Jamie M.
JM
Treasury Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Kyriba?

I have been a user of Kyriba for the last 3 years. The system is relatively ease to use. There is a similar interface throughout the various modules, which enhances your ability to naviage the system. The training and new product update is first class. I enjoy the regular cadence of product updates and new features being added to the system. Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

My only concern about the system is how the system handles zba account structures. The analytical tree is not very intuitive. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

We use Kyriba to track over 400 accounts accross at least a 100 entities. We are able to reconcile our bank accounts daily and record the GL entries related to cash movements. Review collected by and hosted on G2.com.

TW
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Kyriba?

Kyriba is an overall great Treasury Management System. It provides us many functionalities, from payments and reporting, in one system, and it also integrates with SAP. The UI is overall user-friendly and intuitive, and more modern-looking compared to other TMS. They also provide a customer support portal to help the users with any questions. Kyriba customer service has been generally helpful and responsive. Kyriba continuously updates and improves the platform by adding new functionalities for reporting and other features. The reports are quite customizable. Kyriba also provides dashboarding tools. Kyriba is reliable with infrequent system outages, and Kyriba generally resolves any system issues relatively quickly. Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

Some report designs are a little bit clunky and requires multiple clicks to get the desired information. The back button oftentimes does not work and takes you to a different page. It would be useful to have additional features to help with cash forecasting and variance analysis. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

Kyriba provides us an intergrated platform to make payments, report bank statements and transaction data, and intergrate with SAP and other modules. It provides us a centralized tool for payments and data analysis and helps increase efficiency for our team. Review collected by and hosted on G2.com.

AB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Kyriba?

Kyriba was a game changer since we omplemented 2 years ago. With Kyriba we can see our Global Cash Position daily, prepare and consolidate Rolling Cash Flow Forecast weekly, within less than a day, allowing our Group to better understand cash needs and investment opportunities without delay. We also connected our ERP to Kyriba for the vendors payment process, reducing hours of manual work by eliminating manual tasks. Finance accunting and fraud alert help us mitigate company risks. Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

Error messages are quite confusing and even Kyriba support has difficulties some times. Kyriba sand box refresh wipes out all the work done or in progress. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

Reducing time in preparing Weekly cash flow forecasts and payment processing Review collected by and hosted on G2.com.

Christy C.
CC
Assistant Vice President, Treasury
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Kyriba?

We have been creating interfaces between various platforms to Kyriba to help connect our different work centers. We continue to evolve the system to help solve hurdles across the organization Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

I do not have many dislikes, only that there is so much capability, and in order to truly dig as deep as it can go, if you are a beginner like me, you need consultants and guidance across the system. The user guides could be more descriptive and specific. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

It has helped us with our account reconcilations of 900+ bank accounts on a daily basis. We are currently working on adding the cash accounting module to bridge to Epicor and also a bridge to our Servicing Platform to help with account reconcilation to a loan level. We are also working on adding the debt module and opening the platform to truly use the cash forecasting that is avaailable to us.

I am also currently working on the fee and BAM module which should also be beneficial to the team. Review collected by and hosted on G2.com.

Verified User in Alternative Dispute Resolution
UA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Kyriba?

I have been using Kyriba for almost 5 years now and the most significant opportunities the system allows are to automate and decrease company exposure to risk. I appreciate the way it has simplified the cash management and payment functions in our group. It can eliminate the need to log in to individual bank portals to obtain the information required or to execute transactions. Kyriba's fraud module has been one of the more recent improvements we have added, which can flag certain risks for further review such as suspected duplications of payments as well as first time payments to a beneficiary. Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

The learning curve can feel steep when trying to expand useage out to different users or groups. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

Cash management across different banks aggregates the data in a simplified way. Payment functionality allows for aggregate data, ease of use/decrease use of bank portals, and decreased exposure to payment settlement risk. Review collected by and hosted on G2.com.

Verified User in Insurance
EI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Kyriba?

Ability to capture global liquidity on a single platform Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

Initial connectivity with financial institutions can be complex and time-consuming Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

Global liquidity management. Currently using Payment Initiation in limited instances with the intent of expanding program in 2025 and beyond. Review collected by and hosted on G2.com.

Michael L.
ML
Manager, Global Treasury
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Kyriba?

Kyriba is a game changer for our day to day treasury operations. I have gained efficiency in my work from their ability to streamline payment and cash procedures, while also improving how I collaborate across my organization and strategic partners. I am now faster with my key tasks and more agile when addressing problems that arise. They have an experienced team with great support when it comes to resolving issues or learning how to effectively leverage the system for my needs. Additionally, Kyriba is able to connect with all of our partner's systems and help my team achieve our goals to share data seamlessly across our teams. I no longer spend my time logging into separate bank platforms or sharing data internally. All of our key data points are available centrally in Kyriba. Review collected by and hosted on G2.com.

What do you dislike about Kyriba?

Implementing Kyriba was a heavy lift in terms of time and resource. Also, at each stage there is a new layer to learn about the system. This requires a commitment of resources and staff to bring the system to life. Although there is a high level of effort required, it is impressive how Kyriba continues to be an innovator in the treasury space and inspires their clients to get more out of their data and resources. If you are committed to growing as a treasury team, Kyriba is a great partner to lead alongside in a rapidily evolving economy and marketplace. Additionally, I think Kyriba can improve their dashboards and reporting tools to match the distinct needs between a treasurer and a operational user. Review collected by and hosted on G2.com.

What problems is Kyriba solving and how is that benefiting you?

Kyriba has helped centralize our treasury function and partners. What was manual and disparate processes, is now consolidated to a connected and streamlined ecosystem. Kyriba has moved our excel based models and databases, to a secure platform that can be easily audited and has sufficient controls. Kyriba has given us greater visibility of our cash, accounts, and transactions occurring across the organization, which previously was extremely timely and decentralized. Review collected by and hosted on G2.com.