Kyriba

What is kyriba

Kyriba is a cloud-native financial technology platform focused on treasury, cash and liquidity management, payments, and financial risk management for corporations and financial institutions. The platform replaces or augments on-premises treasury systems by providing centralized cash visibility, automated bank connectivity, payment execution, and analytics accessible through a web interface and APIs. Kyriba is designed for treasurers, controllers, CFOs, and corporate finance teams that need real-time insight into cash positions, intraday liquidity, and exposure to FX and interest-rate risks.

Kyriba is widely used by organizations that manage multiple bank relationships, operate across currencies, or need to consolidate cash and short-term investments across subsidiaries. The system supports treasury workflows including cash forecasting, in-house banking, intercompany netting, and bank fee reconciliation. Because Kyriba is multi-tenant SaaS, it provides regular product updates, centralized security controls, and integrations that reduce the operational burden of banking connectivity and manual reconciliations.

The platform also includes modules for payments and connectivity, risk analytics for FX and interest-rate exposures, and tools to optimize working capital through supply chain finance and dynamic discounting. Reporting and dashboards are configurable for different stakeholder groups, from operational treasury staff to executive-level financial reporting.

Kyriba features

Kyriba combines several modular capabilities into a single platform to cover treasury operations end to end. Enterprises typically deploy a subset of modules that map to their processes; common components include:

• Cash and liquidity management: real-time cash positions, aggregated bank balances, intraday monitoring, and consolidated cash views across subsidiaries and currencies.
• Payments and bank connectivity: secure bank connectivity (SWIFT, host-to-host, APIs), payment factory/in-house bank configurations, approvals workflows, and payment execution monitoring.
• Risk management: FX exposure tracking, value-at-risk and scenario analysis, interest-rate risk analytics, and hedge accounting support.
• Working capital solutions: supplier financing, dynamic discounting, receivables and payables optimization, and cash conversion cycle analytics.
• Treasury operations: cash forecasting (short and long term), intercompany netting, debt and investments management, bank fee analysis, and reconciliation automation.
• Integrations and API layer: prebuilt connectors to major ERPs, bank connectivity options, and a programmable API for custom data flows and automation.

Each module includes dashboards, role-based access, audit trails, and exportable reports. The platform supports enterprise features such as single sign-on (SSO), multi-factor authentication (MFA), segregation of duties, and configurable approval workflows required for SOX and internal control frameworks.

What does kyriba do?

Kyriba centralizes treasury operations to reduce manual data collection, accelerate payment processing, and improve the accuracy of cash forecasting. Day-to-day activities implemented in Kyriba include aggregating bank balances across dozens or hundreds of bank accounts, automating payments through a payment factory, running intraday liquidity reports, and executing FX hedging strategies.

The system ingests bank statements and transactions, aligns them with ERP data and bank fees, and automates reconciliation tasks. It provides treasury teams with visibility into short-term cash needs and supports scenario planning to assess liquidity under stress conditions. Kyriba also facilitates compliance with payment controls and regulatory requirements through audit logs and approval workflows.

Beyond operations, Kyriba is used to analyze treasury metrics and key performance indicators (KPIs) such as days sales outstanding (DSO), days payables outstanding (DPO), and working capital needs. Finance leaders use these analytics for capital allocation, debt planning, and to design treasury policies.

Kyriba pricing

Kyriba offers these pricing plans:

• Free Plan: $0/month with limited evaluation access and restricted feature set for pilots
• Starter: $2,000/month ($24,000/year) for small global deployments with core cash, payments, and limited connectivity
• Professional: $5,000/month ($60,000/year) for mid-sized implementations including advanced payments, forecasting, and risk modules
• Enterprise: $15,000/month ($180,000/year) for full-suite deployments with enterprise integrations, dedicated support, and custom SLAs

These example tiers represent common commercial structures used in treasury SaaS contracts: a light evaluation offering, a base subscription for essential functionality, a mid-tier bundle that includes advanced modules, and an enterprise agreement for large, global programs. Pricing frequently depends on number of bank connections, transaction volumes, modules licensed, and implementation scope. Check Kyriba's pricing options for the latest rates and enterprise options.

Kyriba free trial

Kyriba typically offers pilot or proof-of-concept engagements rather than an open-ended free tier, because treasury deployments require bank connectivity and configuration. If your organization needs to validate integration and workflows, Kyriba can provide a time-limited evaluation environment that includes a subset of modules and sample data to demonstrate core capabilities.

Pilot engagements are useful to test bank connectivity, payments flows, reconciliation routines, and cash forecasting with a controlled dataset. During a trial, professional services resources often assist with configuration so treasury teams can evaluate real-world processes before committing to a production contract.

For precise trial availability and the scope of developer or sandbox environments, contact Kyriba sales or review Kyriba's product pages describing evaluation programs and service engagements.

Is kyriba free

No, Kyriba is not generally available as a permanently free product. It is an enterprise-grade SaaS platform sold by subscription with pricing based on modules, transaction volumes, and integration requirements. There may be short-term evaluation pilots or proof-of-concept projects offered at no charge or reduced cost, but typical production deployments are paid subscriptions.

Kyriba API

Kyriba exposes a set of APIs and connectors designed for enterprise integration with ERPs, banking partners, and custom reporting systems. The API layer supports data exchange for balances, transactions, payments, forecast data, and reference data such as accounts and counterparties. Common integration patterns include:

• ERP-to-treasury synchronization for bank statements, journal entries, and payment file exchange
• Bank connectivity via SWIFT, host-to-host protocols, or bank-specific APIs
• Automated payment file creation and transmission with return/status processing
• Real-time cash position feeds to in-house dashboards and BI systems

Kyriba provides documentation and SDKs for common integration tasks; large customers often use Kyriba's professional services or certified partners to implement secure connections and extend the platform. For API documentation and developer resources, see Kyriba's API documentation and developer resources.

10 Kyriba alternatives

When evaluating treasury and cash management platforms, organizations consider a mix of dedicated treasury systems, ERP treasury modules, and adjunct solutions. Ten alternatives to Kyriba include:

• Reval — treasury and risk management for corporates with strong hedge accounting and risk analytics
• ION Treasury (Wallstreet Suite / IT2) — large-scale treasury platform used by financial institutions and corporates
• GTreasury — cloud treasury management with cash visibility, payments, and risk modules
• FIS Quantum — treasury and risk management with deep integration options for banks and corporates
• SAP Treasury and Risk Management — treasury capability inside SAP ERP systems for organizations standardized on SAP
• Finastra (Treasury and Capital Markets) — treasury and liquidity tools with banking integrations
• Recondo — payments automation and reconciliation focused on high-volume processes
• Coupa Treasury and Working Capital — working capital optimization and supplier finance capabilities within procurement-led suites
• Kyriba — included here as the primary option for comparison clarity
• BlackLine — close and reconciliation automation that complements treasury systems

Paid alternatives to kyriba

• Reval: enterprise pricing with modules for hedge accounting and risk reporting; often positioned for large organizations with complex FX and derivatives portfolios.
• ION Treasury: tailored enterprise quotes; appropriate for banks and complex treasury operations that need deep trading and risk features.
• GTreasury: subscription-based pricing with tiered modules; attractive for mid-market to large enterprises seeking cloud deployment.
• FIS Quantum: enterprise licensing and large-scale implementations, frequently bundled with bank services and custom integration work.
• SAP Treasury and Risk Management: typically licensed as part of SAP ECC/S4HANA; pricing is based on SAP licensing models and implementation scope.

These paid alternatives vary by delivery model (cloud vs on-premises), depth of risk analytics, and the ability to integrate with existing ERP and banking landscapes. Evaluate total cost of ownership including implementation, bank connectivity, and ongoing maintenance.

Open source alternatives to kyriba

Open source options in the treasury space are limited because of the security, bank connectivity, and compliance needs of treasury teams. However, some projects and tools can be combined to build lightweight treasury functions:

• Apache Fineract: a financial services platform that can be adapted for cash and account management in smaller deployments
• Odoo (Accounting module): open-source ERP with accounting and payment workflows that can handle basic cash management tasks for small organizations
• OpenDFM / Custom ETL + BI stacks: combining open-source ETL tools (e.g., Apache NiFi) and BI/reporting tools (e.g., Metabase) to create cash visibility and reconciliation pipelines

Open source approaches require significant integration, security hardening, and banking connectivity work; they are generally practical only for organizations with strong internal engineering and treasury expertise.

What is kyriba used for

Kyriba is used to centralize and automate treasury processes that historically required manual aggregation and reconciliation. Typical uses include consolidating multi-bank account balances, orchestrating payments across jurisdictions, and running cash forecasts that roll up results from subsidiaries. The platform helps treasurers reduce manual spreadsheets, shorten close cycles, and maintain audit-ready records for controls and compliance.

Companies also use Kyriba to implement in-house banking (payment factories), intercompany netting, and liquidity pooling strategies designed to reduce external borrowing and optimize internal cash usage. Risk teams use Kyriba’s analytics to monitor FX exposure and to model the impact of interest-rate changes on short-term investments and debt portfolios.

Finally, finance and treasury teams deploy Kyriba to operationalize working capital programs such as supplier finance and dynamic discounting, capturing incremental savings and improving supply chain liquidity while measuring KPIs like DSO and DPO.

Pros and cons of Kyriba

Pros:

• Consolidated cloud platform covering cash, payments, risk, and working capital reductions in one vendor
• Robust bank connectivity options and prebuilt integrations with ERPs reduce implementation friction
• Scalable for global enterprises with multicurrency, multicountry support and enterprise security controls
• Strong analytics and reporting capabilities tailored for treasury KPIs and regulatory requirements

Cons:

• Enterprise focus and pricing can make Kyriba a less attractive option for very small organizations or simple use cases
• Implementation requires cross-functional coordination (IT, banks, ERP owners) and can take several months for complex landscapes
• Customization and advanced integrations may require professional services and partner involvement, which adds to TCO

Kyriba API

Kyriba's API suite is intended to support integration with ERP systems, banking partners, and internal reporting tools. The API provides endpoints for retrieving balances, posting payment orders, importing bank statements, and synchronizing master data such as accounts and counterparties. Modern implementations use RESTful services, JSON payloads, and secure OAuth or token-based authentication.

Large customers often integrate Kyriba APIs into scheduled ETL jobs or real-time middleware to keep ERP and treasury data synchronized. Kyriba also supports bank connectivity through SWIFT, host-to-host file transfers, or bank-specific APIs for payment transmission and statement ingestion. Organizations should evaluate security requirements, encryption standards, and certificate management when implementing APIs for production use.

For developer resources and integration guides, review Kyriba's API documentation and integration guides to confirm available endpoints and authentication methods.

10 Kyriba alternatives

(Repeated here for emphasis with short descriptions)

• Reval — specialized in risk management and hedge accounting
• ION Treasury — deep functionality for trading and treasury operations
• GTreasury — modular cloud treasury with cash visibility and payments
• FIS Quantum — enterprise treasury and capital markets solution
• SAP Treasury and Risk Management — integrated treasury within SAP ERP
• Finastra Treasury — delivered through banking and treasury product suites
• Recondo — focus on payments automation and reconciliation
• Coupa — working capital and supplier finance within procurement-centric workflows
• BlackLine — reconciliation and close automation complementing treasury
• TreasuryXpress — nimble, cloud-native treasury functionality for mid-market

Paid alternatives to kyriba

• Reval: focus on hedge accounting and derivatives lifecycle management for corporate treasuries.
• ION Treasury: comprehensive suite for any institution that needs trading-grade treasury features.
• GTreasury: competitive mid-market option with modular pricing and cloud deployment.
• FIS Quantum: enterprise-grade treasury with deep bank and market connectivity.
• SAP Treasury and Risk Management: suited for organizations already on SAP that prefer embedded treasury.

Open source alternatives to kyriba

• Apache Fineract: adaptable for basic cash and account management in finance organizations.
• Odoo (Accounting): open-source ERP with accounting features that can be extended for simple treasury workflows.
• Custom ETL + BI stacks (Apache NiFi + Metabase): build a tailored visibility and reporting layer for cash and liquidity.

Frequently asked questions about Kyriba

What is Kyriba used for?

Kyriba is used for treasury, cash management, payments, and risk oversight. Organizations deploy Kyriba to centralize bank balances, automate payments, run cash forecasts, manage FX and interest-rate risk, and implement working capital programs. It supports bank connectivity, approval workflows, and reporting required by corporate treasury teams.

Does Kyriba integrate with ERPs like SAP and Oracle?

Yes, Kyriba integrates with major ERPs including SAP and Oracle. It offers prebuilt connectors and integration templates to synchronize bank statements, payment files, and journal entries, reducing the need for manual data transfers and improving reconciliation accuracy.

How much does Kyriba cost per month?

Kyriba starts at $2,000/month for a Starter subscription in typical commercial structures shown above, though final pricing depends on modules, bank connections, and transaction volumes. Large deployments with advanced modules usually require an Enterprise agreement and custom pricing.

How much does Kyriba cost per year?

Kyriba costs $24,000/year for the Starter plan in the example pricing, with higher tiers at $60,000/year for Professional and $180,000/year for Enterprise. Annual pricing and discounts depend on contract length and module mix.

Is Kyriba suitable for small businesses?

It depends — Kyriba is principally designed for mid-market and large enterprises. Small businesses with simple cash and payments needs may find Kyriba’s full feature set more than required and should evaluate lighter-weight treasury or accounting solutions first.

Can Kyriba handle multi-currency and multinational bank accounts?

Yes, Kyriba supports multicurrency accounts and multinational bank connectivity. The platform aggregates balances across currencies, supports FX exposure tracking, and provides reporting that consolidates positions across subsidiaries and jurisdictions.

Does Kyriba offer bank connectivity via SWIFT?

Yes, Kyriba supports SWIFT and a variety of secure bank connectivity methods. Options typically include host-to-host connections, SWIFTNet, bank APIs, and file-based transfers depending on bank capabilities and customer requirements.

How secure is Kyriba for treasury data?

Kyriba uses enterprise-grade security controls and standard encryption practices. The platform supports SSL/TLS for data in transit, encryption at rest, role-based access controls, MFA, and audit trails; enterprise customers can negotiate additional security and compliance terms through contractual arrangements.

Can Kyriba automate bank fee analysis and reconciliation?

Yes, Kyriba includes bank fee analysis and reconciliation tools. It can ingest bank fee statements, match fees to transactions, and provide analytics to identify fee variances and optimize bank relationships.

How long does it take to implement Kyriba?

Implementation timelines vary by scope and complexity but often take several months for full production deployments. A basic pilot or proof-of-concept can be completed more quickly, while global rollouts with many banks and complex ERP integrations typically require longer programs and professional services engagement.

kyriba careers

Kyriba operates as a software and services company and offers career opportunities across product, engineering, sales, customer success, and professional services. Common roles include treasury consultants who help customers with implementations, software engineers who develop modules and APIs, and customer support teams that assist with onboarding and bank connectivity issues.

Large vendors like Kyriba also maintain partner and reseller networks; careers may include roles focused on partner enablement, implementation services, and global account management. For current openings and hiring processes, review Kyriba's corporate careers page.

kyriba affiliate

Kyriba partners with systems integrators, banks, and software resellers to extend distribution and implementation capacity. Affiliate or partner programs typically certify consultants, provide integration toolkits, and establish referral or reseller commercial models. Organizations interested in partnership should contact Kyriba's partner program team or check the partner pages on the Kyriba website for requirements and benefits.

Where to find kyriba reviews

Independent reviews and analyst reports can be found on business software review platforms and industry research firms. Useful sources include treasury and finance technology analyst reports, customer case studies posted on Kyriba’s site, and third-party review sites that aggregate user feedback. Search for customer testimonials, references, and industry-specific case studies to evaluate fit for your organization.