Kyriba Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Kyriba Strengths, Domain Expertise, and Key Differentiators

Kyriba introduces the industry's pioneering open platform for Enterprise-wide Liquidity Management, transcending traditional treasury management. This innovative solution integrates all cash and liquidity information and workflows from across the organization and external liquidity ecosystems into a unified, liquidity-centric "cockpit." By leveraging extensive connectivity between corporate ERPs and global banks, Kyriba's platform seamlessly integrates leading product lines such as Treasury Management, Risk Management, Payment Factory, and Working Capital Finance solutions within a single interface and data model. For Finance leaders, Kyriba provides unparalleled capabilities, including: 1. A comprehensive near real-time view of all cash and liquidity intelligence; 2. AI-powered data-driven decision support driven by predictive analytics; and 3. Seamless actionability through an integrated liquidity ecosystem within a best-of-suite platform.

Kyriba Recent Developments

In June 2022, Kyriba introduced Kyriba’s FX with correlated value at risk (VaR) analysis, aiming to furnish corporate Treasurers and FX Risk Managers with enhanced, granular analytics. This offering is designed to refine hedging programs and consistently achieve portfolio VaR targets in a cost-efficient manner.

In October 2021, Kyriba unveiled its new Kyriba Working Capital Solutions, marking a significant step in its initiative to address the estimated $3.4 trillion trade financing gap. This effort aims to assist corporate buyers in supporting all suppliers, particularly vulnerable SME suppliers.

In September 2021, Kyriba unveiled its Open API Platform, aimed at empowering CFOs, CIOs, and Treasurers to harness composable technology solutions and drive forward the evolution of finance. The platform facilitates seamless development and integration of new applications within Kyriba's extensive network, which spans 1,000 banks, oversees over a million bank accounts, and handles more than 200 million payments totaling 15 trillion USD annually.

Kyriba has introduced a real-time payment service utilizing JP Morgan's application programming interface. This new offering allows clients of both Kyriba and JP Morgan to initiate real-time payments within the United States via The Clearing House's (TCH) RTP network.

Kyriba Mergers and Acquisitions (M&A) Activities

In April 2019, Kyriba completed the acquisition of FiREapps, enhancing its ability to manage global foreign exchange risk and empowering finance leaders to mitigate the impact of currency fluctuations on earnings per share. By integrating FiREapps' capabilities into its enterprise platform, Kyriba now offers a comprehensive solution that consolidates all treasury and risk decision-making processes into a single platform.

Kyriba Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Kyriba applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Kyriba and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Kyriba Enterprise customers.

Kyriba Key Enterprise and Cloud Applications

Kyriba Enterprise

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Kyriba Direct vs Indirect sales

Kyriba Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Kyriba Customers

No. of Kyriba Customers: 2500

No. of Kyriba Enterprise Applications Customers: 2500

No. of Kyriba Cloud Customers: 2500

No. of Kyriba Cloud Subscribers: 80000

Kyriba's solutions are trusted by over 2,500 clients spanning 100 countries and diverse industry verticals worldwide.

In February 2022, Barilla, a prominent global food company, opted for Kyriba's Enterprise Liquidity Management platform to bolster its treasury, risk management, and supply chain finance operations. This integration will consolidate Barilla's various supply chain finance programs into a unified Dynamic Discounting solution, enhancing support for its suppliers, reducing the cash conversion cycle, and enhancing liquidity. Additionally, Barilla chose Kyriba to enhance cash visibility, refine cash forecasting, and digitize FX, interest rate, and commodities risk management processes.

Among its esteemed clientele are Adecco, Galderma, Novartis International AG, SITA, Colas, Amway, AOL, Atlas Air Worldwide Holdings, Inc., Avis Budget Group, Beazer Homes, Booz Allen Hamilton, Career Builder, Cunningham Lindsey, Cymer, David's Bridal, DDR Corp, Digital Realty Trust, DRS Technologies, Ecolab, Electronic Arts, EmblemHealth, Erickson Living, Expedia, Kate Spade, Five Star Senior Living, Genband, General Mills (formerly Yoplait), GlatFelter, Glimcher Realty Trust, Global Payments, Granite Construction Company, Groupon, Hallmark Health, Horizon Blue Cross Blue Shield of New Jersey, Houston International Insurance Group, Imperium Insurance Company (formerly Delos Insurance Company), J.M.Huber Corporation, LaSalle Investment Management, McAfee, Murphy USA, Nalco, Neopost, Nordstrom, Northwestern Memorial HealthCare, OhioHealth, Oil States Intl., OneAmerica, Oxbow Carbon, Parsons Brinckerhoff, Partners Healthcare, Prime Therapeutics, Pulte Homes, Qualcomm, ServiceMaster, St.Jude Medical, Steelcase International, Superior Energy Services, Symantec Corporation, The New York Times, Time Warner Cable, ZF TRW, United Rentals, WellPoint, WillBros, Wyndham Worldwide, Zachry, and various others.

Kyriba Market Opportunities, M&A and Geo Expansions

In April 2022, Kyriba launched 24 new API connectors, seamlessly integrated into Kyriba's cloud platform. These connectors expedite access to real-time payments and enterprise liquidity management while enhancing resilience against global economic disruptions.

In March 2019, Bridgepoint, an international private equity group specializing in investments in top-tier businesses, injected $160 million into Kyriba to fuel the innovation and expansion of its enterprise platform. This infusion of capital will enable Kyriba to bolster its product development, enhance customer support, and broaden its ecosystem. Of the total investment, $60 million will be dedicated to product innovation over the next two years.

Kyriba Risks and Challenges

In recent years, Kyriba has significantly grown its installed base, nearly doubling it through both direct sales and an extended channel ecosystem. Key priorities for Kyriba include enhancing customer support, ensuring continuous operation of its Cloud systems with augmented infrastructure investment, and maintaining strict account control to prevent revenue leakage. These efforts are aimed at supporting Kyriba's global expansion ambitions, with the potential to double its existing 2,000-plus installed base within the next year or two.

Kyriba Ecosystem, Partners, Resellers and SI

In February 2023, Kyriba and Jiko, a vertically integrated financial institution offering real-time programmatic access to the yield and safety of T-bills, revealed a strategic partnership. This collaboration enables Kyriba's customers to access Jiko's flagship Money Storage product directly from Kyriba's Liquidity Management platform. With this integration, Kyriba's clients can efficiently manage their T-bill holdings, enhancing simplicity, security, and liquidity management.

Kyriba's roster of partners includes industry leaders such as Microsoft, SAP, Oracle, Viscosity North America, Deloitte, Accenture, Clearsulting, DIMO Software, Capgemini, GIACT Systems, Goldman Sachs, MorganFranklin Consulting, OGI, Path Finance, PwC, Touchstone, Swift, Zanders Group, and many more.

Kyriba Cloud Infrastructure Insights

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• Kyriba Public Cloud and Infrastructure (IaaS)
• Kyriba Platform (PaaS)
• Kyriba Application Delivery
• Kyriba Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: