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Kyriba keeps pressure on competitors as launch new functionality in Kyriba V14.2

Kyriba, the cloud-based Proactive Treasury Management supplier, has released Kyriba 14.2, the most advanced version of their global treasury management system. Kyriba 14.2 contains a wide range of enhancements, enabling Kyriba’s global to achieve greater control over their cash. 

International capabilities

Kyriba 14.2 has a strong focus on increased international capabilities. The solution is now available in 11 languages, and includes support for new transaction and payment formats across South America, Europe and Asia. Kyriba version 14.2 includes:

  • a more intuitive and interactive driven interface, formal support for the Google Chrome browser and navigational enhancements that enables users to easily use Kyriba’s powerful capabilities.
  • Brazilian (FEBRABAN) (reporting and payment) transaction formats support
  • Japanese (Zengin) (reporting and payment) transaction formats support
  • support for the UK BACS network protocol support for third-party payment capabilities
  • SEPA Direct Debit reject management and enhanced SEPA-related formats enhancements
  • Italian CBI XML for SEPA credit transfers

“With our third release already in 2014, Kyriba continues to be the innovation leader in the treasury management systems market. We have made major investments in our product development capabilities over the past 18 months, and this enables us to rapidly bring new capabilities to our clients. As Kyriba is a SaaS solution, all new functionality is available to all clients without the need for expensive and complex upgrades,” commented Luc Robert, chairman and CEO of Kyriba.

Konica Minolta chooses Kyriba to enhance global cash visibility

Konica Minolta have chosen Kyriba for their global cash visibility solution. Konica Minolta will use the Kyriba Enterprise software-as-a-service (SaaS) platform to provide cash positioning and forecasting, as well as FX and GL posting.

“Konica Minolta is currently undergoing a major corporate initiative, and as part of this, we are enhancing our global treasury management capabilities,” said Hiroyuki Omori, director of Konica Minolta’s treasury department. “Kyriba helps us to realise this vision by giving us deep, real-time visibility into our global cash position. It also enables us to decrease the number of bank transactions, significantly reducing Konica Minolta’s banking costs. Kyriba is a high quality solution, which gives us major financial and operational benefits at a reasonable cost.”

CTMfile take: Cloud based TMS suppliers are now dominating the new TMS contracts. Cloud-based is now almost a given, the main issue is what other services/solutions can the TMS link to?

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Treasury Management Systems
General Treasury Systems


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