During the nine-month period ended September 30th, Kyriba added 50 clients globally. Total contract value for the same period increased 25 percent over 2008, fueled both by Kyribaâs expanding global footprint and increased adoption of add-on modules by its client base.
Kyriba continues to see strong worldwide demand for robust cash and treasury management solutions, particularly among those companies that value the ease-of-use, rapid implementations and lower up-front costs inherent in the Software as a Service (SaaS) delivery model.
Notes Robert, âKyribaâs core focus on cash and liquidity management combined with the SaaS deployment enables companies to effectively safeguard their assets and maximize cash performance more readily than was possible just a few years ago. Our significant expansion in this current economic climate is surely a testament to the solutions we provide and the commitment of Kyribaâs dedicated and experienced professionals.â