Reston, 20194, VA,
United States
Actualize Consulting
Actualize Consulting, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Actualize Consulting collaboration with software players such as Kyriba empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Actualize Consulting | Kyriba | Kyriba Treasury | Treasury Management | TRM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight | Insight Source |
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Warner Bros. Discovery | Media | 35000 | $39.3B | United States | Kyriba | Kyriba Treasury | Treasury Management | 2022 | In 2022, Warner Bros. Discovery implemented Kyriba Treasury to centralize and standardize its Treasury Management capabilities as part of a post-merger treasury overhaul. The deployment addressed immediate scale and complexity challenges after the merger, consolidating visibility across more than 2,000 bank accounts, roughly 100 banking relationships, and five distinct ERP systems into a single treasury platform. The Kyriba Treasury implementation leveraged the platform's single central database to interconnect cash, payments, forecasting, accounting, and risk modules. Functional capabilities implemented included Kyriba cash module with centralized bank statement ingestion, cash forecasting and cash accounting, bank account management with FBAR tagging, payments workflow and country-specific payment approver routing, Advanced FX solution for exposure identification and trade execution, hedge accounting to accelerate mark-to-market revaluations, and journal automation to post entries back to ERPs. Integrations were planned and executed at scale, with the project identifying at least 14 integrations that included multiple ERP connections, a SWIFT service bureau and SWIFT BIC connectivity, FX trading feeds such as FXall, Bloomberg market data feeds, and settlement imports. Warner Bros. Discovery routed 99 percent of banks through the SWIFT service bureau into Kyriba Treasury to enable on-demand multi-currency cash position reporting by bank, currency, and counterparty, and to eliminate manual statement downloads and token usage. Actualize Consulting served as the implementation partner and the rollout was governed by a cross-functional steering committee that included accounting, IT, Tax, Legal, Procurement, and banking partners. The program used hard deadlines tied to the merger completion, staged planning to define future state processes and resource requirements, and proactive bank engagement to secure integration resources. Process redesign created a single regional cash position, standardized tagging logic to map bank data into budget codes, and formalized ownership of treasury workflows across the merged organization. The transformation delivered explicit operational outcomes documented by the project team, including automated trade processing and hedge exposure identification, hedge accounting revaluations compressed from multiple days to hours, journal automation eliminating manual GL postings for debt and FX transactions, and enhanced FBAR and regulatory reporting. Warner Bros. Discovery won Kyriba’s Implementation of the Year award and positioned its Treasury Management organization to support corporate cost synergy targets, while realizing productivity improvements and material cost savings reported by the implementation stakeholders. | |
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Trek Bicycle | Retail | 7000 | $2.1B | United States | Kyriba | Kyriba Treasury | Treasury Management | 2020 | In 2020 Trek Bicycle implemented Kyriba Treasury as its central Treasury Management platform to standardize global payments and strengthen payment controls. The implementation and selection process was executed in partnership with Actualize Consulting, following a structured planning approach that progressed from framework definition to design and go live. Kyriba Treasury was configured to emphasize payments control and automated payment workflows, with a focus on standard global payments process governance. The deployment prioritized the payments module and treasury operations capabilities to improve quality of work in the treasury function and establish repeatable approval and validation steps. Operational coverage extended across Trek Bicycle’s international finance teams and supported the rapid expansion of Trek-owned retail stores, reflecting a global rollout posture rather than a single-site pilot. The program targeted centralized treasury functions and regional finance touchpoints, aligning treasury operations with corporate finance and retail cash needs. Governance and process changes were delivered as part of the project, with Actualize Consulting tailoring Kyriba Treasury to codify payment controls, approval hierarchies, and standardized global payment procedures. The project narrative emphasized step-by-step realization from design through go live, embedding new workflows and control gates into day-to-day treasury operations. Reported outcomes from the implementation include supporting global expansion and international finance teams, enabling rapid expansion of Trek-owned retail stores, and mitigating fraud by enforcing a standard global payments process. Kyriba Treasury is referenced throughout the program as the platform that centralized those Treasury Management capabilities. | |
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SAS Institute | Professional Services | 13500 | $3.5B | United States | Kyriba | Kyriba Treasury | Treasury Management | 2019 | In 2019, SAS Institute implemented Kyriba Treasury as its Treasury Management platform to standardize corporate treasury operations. The deployment focused on consolidating core treasury workflows under Kyriba Treasury and aligning cash, risk, and accounting processes with a single treasury application. The implementation configured explicit Kyriba Treasury functional modules for Cash Management and Forecasting, In House Banking, Debt and Investment Management, FX Risk Management, Cash and Financial Accounting, and a Straight Through Payment Process. Automation and workflow configuration emphasized forecast aggregation, centralized in house bank controls, automated cash posting to financial ledgers, and STP payment orchestration within Kyriba Treasury. Integrations were executed with ERP and other systems as part of the project scope, enabling data flows for cash position, payments, and accounting reconciliations. Actualize Consulting led the engagement for the Latin America region, applying regional treasury and capital markets requirements to the Kyriba Treasury implementation and coordinating ERP integration touchpoints. Project governance established treasury process transformation across multiple functional areas, with Actualize Consulting driving implementation best practices and rollout sequencing for LATAM operations. The program restructured treasury workflows to support centralized cash management, FX hedging processes, and integrated cash accounting within Kyriba Treasury. | |
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Consumer Packaged Goods | 146910 | $23.9B | Mexico | Kyriba | Kyriba Treasury | Treasury Management | 2018 |
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Consumer Packaged Goods | 394010 | $41.7B | Mexico | Kyriba | Kyriba Treasury | Treasury Management | 2022 |
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Professional Services | 9000 | $2.6B | United States | Kyriba | Kyriba Treasury | Treasury Management | 2018 |
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Manufacturing | 13000 | $3.0B | Canada | Kyriba | Kyriba Treasury | Treasury Management | 2020 |
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Leisure and Hospitality | 10500 | $2.3B | United States | Kyriba | Kyriba Treasury | Treasury Management | 2023 |
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Manufacturing | 7000 | $2.2B | Canada | Kyriba | Kyriba Treasury | Treasury Management | 2019 |
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