San Diego-based Kyriba, which offers gloval Software-as-a-Service (SaaS) treasury management solutions, has launched a new supply chain finance platform that integrates with its existing Treasury Management System.
The new Supply Chain Finance offering is a scalable, multi-bank portal that connects buyers, suppliers, and financial partners in a single platform to enhance transparency and provide tools for early payment of invoices to suppliers.
The company also said the platform features ERP integration, visibility for invoices and payments, improved working capital for buyers and suppliers, and the ability to scale as companies expand their supply chain finance needs and operations.
"It's no secret that the financial health of an organization's supply chain is a strategic concern," said Edi Poloniato, senior vice president of strategy and corporate development at Kyriba. "CFOs and Treasurers realize that investing in the right technology and partnering with multiple banks is critical.”