Singapore-based logistics and engineering firm to leverage Kyriba’s SaaS solution and integrated bank connectivity for better cash visibility
Kyriba, the global leader in cloud-based treasury management solutions, announced that it has been chosen by CWT Limited to enhance its treasury management capabilities. Kyriba will provide CWT with more control over its bank accounts and financial transactions, and enable the company to easily access its cash positions through a single, SaaS-based interface.
“We were looking for a solution that could empower us with better control of our cash and liquidity management processes, and provide enhanced visibility to the group’s bank account balances and financial transactions,” said George Li, treasury manager at CWT. “Kyriba delivers the broadest level of capabilities and fully integrated bank connectivity, whilst offering a cost effective solution.”
“We are seeing more globally-distributed companies such as CWT move to the cloud for their cash management and bank connectivity,” said Michael Fullmer, managing director SEA at Kyriba. “Kyriba gives treasury teams real-time visibility into financial transactions and bank positions, and the insight to make smarter, more proactive decisions about their corporate cash.”