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Kyriba Wins Financial-i's "Leaders in Innovation Award" for ASP Treasury Management Solution
[December 17, 2010]

Kyriba Wins Financial-i's "Leaders in Innovation Award" for ASP Treasury Management Solution


SAN DIEGO --(Business Wire)--

Kyriba, the leader of Software-as-a-Service (SaaS (News - Alert)) cash and treasury management solutions, is proud to announce that Financial-i Magazine has awarded Kyriba its "Leaders in Innovation Award" for ASP Treasury Management Solution. This is Kyriba's third Financial-i award in the past four years.

Financial-i's Leaders in Innovation Awards identify providers that in the last twelve months have excelled in terms of innovation in business solutions. Winners were selected based on Financial-i's proprietary research and feedback from their advisory panel. The advisory panel considered many factors, including innovations over the last twelve months, depth and breadth of functionality, differentiation from its peers, ease of implementation and interfacing, and the extent to which the solutions are likely to help companies solve or address common business issues such as ncreasing automation, combating money laundering, more accurate cash flow forecasting, enhanced liquidity management, etc.



"We are very proud to have a prestigious third-party panel such as this commend the Kyriba SaaS solution," stated Jean-Luc Robert, CEO of Kyriba. "It's an endorsement of our company-wide focus on providing excellent functionality and ensuring that our customers achieve great value from it."

About Kyriba Corporation


Kyriba is a global provider of treasury solutions delivered under the Software-as-a-Service (SaaS) model. Customers utilize the online system to automate and better control their daily cash management tasks, including centralization of consolidated bank balance and transaction reporting, payments, cash positioning/forecasting, automated general ledger posting and investment, debt and FX portfolio reporting. The system automatically collects bank statements and facilitates automated cash, bank, and ledger reconciliations through Kyriba's daily bank connectivity monitoring service. The solution also meets stringent Sarbanes-Oxley 404 audit trail, workflow, and control requirements while providing seamless integration with third-party applications.

Founded in 1999 and headquartered in San Diego, Kyriba has operational hubs in New York and Paris serving a global base of more than 12,500 subscribers across over 300 customers. For more information, visit www.kyriba.com.


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