Higher education organizations generally deal with revenue collection only a few times a year, making forecasting an integral part of treasury’s job in order to ensure that cash can last throughout the year. Additionally, a large number of suppliers – and changes to those suppliers as it relates to construction projects – creates an additional risk for payments fraud. To help combat these issues, Kyriba provides:
Kyriba gives companies the ability to easily consolidate forecasts and measure their accuracy.
Kyriba’s fraud management intelligence helps protect cash by screening payments to suppliers.
Kyriba reduces the cost and complexity of bank connectivity and enables accurate cash forecasts.
Kyriba has enabled our digital transformation by allowing us an opportunity to step away from spreadsheets. We’ve replaced a lot of our very manual efforts with more automated processes which has helped us to give information to people when they need it.CORY ZEMBRA ASSOCIATE DIRECTOR, GLOBAL TREASURY OPERATIONS, COLUMBIA UNIVERSITY
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