BUSINESS

Kyriba transforms cash forecasting with Liquidity Planning Platform

25/10/2022 04:45 PM

KUALA LUMPUR, Oct 25 (Bernama) -- Kyriba, a global leader of cloud-based finance and IT solutions, has announced the launch of Liquidity Planning, a totally reimagined cash flow planning and forecasting solution.

“Forecasting has changed. CFOs must plan liquidity and free cash flow against multiple risk scenarios and they are demanding data and analytics to deliver forecast accuracy in real-time.

“The cost of ineffective forecasting has risen to unprecedented levels, with CFOs losing millions because they lack the tools to manage enterprise liquidity,” said Global Head of Market Strategy at Kyriba, Bob Stark, in a statement.

Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight and actionability to accurately manage the cash lifecycle and improve the accuracy of free cash flow projections.

Innovation from Kyriba’s Liquidity Planning Platform include Long Term Planning; Forecast Scenario Modeling; and Liquidity Analytics.

This is Kyriba’s fourth product innovation announced in the past three months to support CFOs during a time of unprecedented volatility and uncertainty. 

Liquidity Planning is complemented by Cash Management AI, FX Portfolio VaR Analysis and Commodities Risk Management.

More details at www.kyriba.com.

-- BERNAMA


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