Kyriba Sees Rapid Expansion in APAC with Addition of Grab, Danone and Other Multinationals
September 18 2018 - 7:00PM
Business Wire
Global FinTech Leader Counts More Than 100
Clients in Asia Pacific including Japan
Kyriba, the #1 global provider of cloud treasury and
financial management solutions, today announced that
Grab, Southeast Asia’s leading online-to-offline (O2O) mobile
platform is leveraging the use of Kyriba to optimize its treasury
operations including improving cash visibility and automation
opportunities that better position the company for accelerated
growth and expansion; and Danone Asia PTE. LTD., one of the largest
food and beverage companies in the world, has selected Kyriba to
centralize, automate and secure global treasury operations. Kyriba
now has more than 100 clients in the Asia-Pacific region, including
Japan, as the company continues to see strong demand for its
enterprise platform worldwide. This summer, Kyriba announced a 48
percent increase in global sales booking in the first half of 2018
compared to the last year.
The International Monetary Fund’s “Regional Economic Outlook:
Asia Pacific” recently reported an improvement in the already
favorable outlook for the region in 2018, despite continued market
volatility. “Asia is expected to grow by around five and a half
percent this year,” according to the report.
Grab and Danone join major industry leaders in APAC who are
switching to Kyriba to accelerate growth opportunities, protect
against loss, and enhance fraud protection and compliance. They
include CWT, LIXIL, TransferTo, Tan Chong Motor Holdings, Konica
Minolta, JVCKENWOOD, Yokohoma, Nissin, and many others.
“We were looking for a modern treasury and finance platform to
manage our business units across Asia Pacific in collaboration with
our regional center in Singapore,” said Calvin Lee, Regional
Treasurer Asia Pacific at Danone. “Kyriba brings us the
technological solution to secure our workflows and control points
in a fast-changing environment.”
“Kyriba enables treasury and finance leaders at fast-growth
companies in the Asia Pacific region to capitalize on their surging
economy,” said Jean-Luc Robert, Chairman and CEO at Kyriba. “Kyriba
serves as a catalyst for digital finance transformation at many
organizations, where automation, centralization, visibility and
secure controls give CFOs and their treasury teams a compelling
advantage over the competition.”
For more information or to contact Kyriba in Asia Pacific,
Kyriba teams will be onsite at the ACT Asia Treasury Leader’s Forum
2018 at the Hong Kong Convention & Exhibition Centre in Hong
Kong, 19 September, and at ACTS & ATC Treasury Forum 2018, 20
September, at the Marina Bay Sands in Singapore.
About Kyriba Corp.
Kyriba empowers financial leaders and their teams with
award-winning solutions for cash and risk
management, payments and supply chain
finance. Kyriba delivers a highly secure, 100 percent
SaaS enterprise platform, superior bank connectivity and a
seamlessly integrated solution set for tackling today’s most
complex financial challenges. Thousands of companies, including
many of the world’s largest organizations, rely
on Kyriba to streamline key processes, protect against loss
from fraud and cybercrime, and accelerate growth
opportunities through improved decision support. Technology
analyst firm IDC recognized Kyriba as a global leader in its
MarketScape for SaaS and cloud-enabled treasury and risk management
applications for 2017-2018. Kyriba is headquartered in New
York, with offices in San Diego, Paris, London, Tokyo, Dubai and
other major locations. For more information, visit
www.kyriba.com.
Engage with Kyriba
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at www.facebook.com/kyribacorp
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at www.linkedin.com/company/kyriba-corporation
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at www.twitter.com/kyribacorp
- Read Kyriba’s blog
at www.kyriba.com/blog
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version on businesswire.com: https://www.businesswire.com/news/home/20180918006140/en/
Kyriba Corp.Daniel Shaffer, +1
858-263-2218dshaffer@kyriba.com