Real estate companies have their own set of treasury challenges, including the complexities of partial ownership structures on properties and the high volume of deposit collections. To help combat the reconciliation headaches and the high volume of bank accounts as a result of dealing with a multitude of properties, Kyriba provides:
Kyriba's industry-leading banking connectivity allows for dynamic adaptability as business and banking partners evolve.
Kyriba can allocate cash and cost by owners to accommodate a multitude of equity holders with varying percentages.
Kyriba helps automate the general ledger reconciliation process, enabling quicker month-end close.
The top benefits that Kyriba provides are the visibility it provides, the timeliness in which it provides that visibility and the ease of use.TRISH FISHER DIRECTOR, TREASURY OPERATIONS, WEWORK
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