Kyriba Reviews & Product Details

My team has had Kyriba since 2016, and overall have had a positive, excelling experience. It took a long time to implement, but after a couple of years of utilization, it has become a key part of our global cash management strategies. We value Kyriba for its foundational, centralized, consolidated cash visibility across multiple regions and accounts, eased file integration from external bank and FX platforms, and then internally with our ERP system. From there, we have developed processes through payment platform for domestic wires, a bank fee analysis, and dynamic forecasting.

We are always finding ways to customize and improve our Kyriba platform, and appreciate all the support from the website, frequent updates, webinars and newsletters. Review collected by and hosted on G2.com.

The bank account management module is overly complicated. One example is when deleting a signer, instead of unwinding all their authorities, I would prefer to simply delete the signer, and Kyriba automatically follows with a deletion of all their authorities (and in similar aspect, the administration module too). To have an individual from the database show up on the FBAR report, one must individually edit each individual signer authority. Review collected by and hosted on G2.com.

I find Kyriba to be a powerful and comprehensive Treasury Management System that supports our core treasury activities, including payments, cash positioning, forecasting, and investment activity. Once implemented and properly configured, it becomes a central system of record for liquidity and treasury decision-making. I really like the centralized cash visibility across multiple banks and accounts that Kyriba provides. It enables visibility on prior day and intraday balances, as well as forecasted flows, which supports precision decision-making on activities like cash concentration efforts for investing. The overall user experience is also a positive aspect for me. The feature that I value the most is the bulk ACH upload process. Before implementing this feature, we had to enter individual ACH payments and control totals on our bank portal. Now, we can load them via a template, approve a single total with detailed attachment, and enter one control total at the bank. This ability to handle up to 100 ACH payments in one batch through bulk upload has made the entire process extremely efficient. Review collected by and hosted on G2.com.

We lost pending payments on the home screen with the new UI and with multiple approvers for different transactions, we leaned on that as a quick reference point. Review collected by and hosted on G2.com.

What I like best about Kyriba is the overall stability of the platform.

It is a robust and reliable solution that supports critical treasury operations on a daily basis.

I also appreciate the frequent updates, which continuously improve the platform and introduce new capabilities without disrupting existing processes.

The rich set of native functionalities is another strong advantage, as it reduces the need for custom developments and simplifies operations.

Finally, Kyriba’s extensive bank connectivity makes it easier to integrate with multiple financial institutions, streamline payments, and centralize cash and liquidity management. Review collected by and hosted on G2.com.

One aspect I dislike about Kyriba is the complexity of its licensing model.

Understanding and managing licenses across modules, users, and volumes can be challenging and requires careful governance.

Another limitation is that some notifications are only delivered by email, which restricts real-time visibility and limits integration with other monitoring or collaboration tools.

Finally, the Open API has certain limitations, such as rate limits (number of calls per 30 seconds) and daily call quotas. Review collected by and hosted on G2.com.

Kyriba is quite user-friendly, especially for handling daily tasks and reviewing my team's work. By integrating Kyriba with our primary banks, we have streamlined the wiring process, which has greatly reduced the amount of time the team spends on wires each day. Previously, this used to take up more than half of their day, but now, for non-integrated banks, it only takes about two hours. My team uses Kyriba daily for reporting and to ensure the accuracy of activity across the 400+ bank accounts we manage. Review collected by and hosted on G2.com.

One aspect I think could be improved is the clarity of payment statuses. When a payment is processed, the term "Terminated" is used, which generally has a negative connotation. For those who are not involved with the system on a daily basis, seeing a payment marked as "Terminated" can be alarming and may cause unnecessary concern. Review collected by and hosted on G2.com.

I love Kyriba's real-time cash positioning feature, which is very strong and allows me to see balances across multiple banks and accounts all in one dashboard, saving me a lot of manual work. I also find the forecasting templates useful once they're set up. The bank connectivity is solid once the foundation is established, and data flows in automatically without much maintenance. Review collected by and hosted on G2.com.

Onboarding/Implementation can be lengthy and complex, it takes a lot of effort before your up and running. I don't like that it reports transactions in absolute values. Review collected by and hosted on G2.com.

Kyriba is a powerhouse for global treasury management. The standout strengths for me are its extensive global payments library and its robust API connectors, which make bank and ERP integrations far less painful than with traditional methods. The interface also feels modern and easy to navigate, and the team’s commitment to AI innovation helps the platform stay ahead of the curve. Review collected by and hosted on G2.com.

Because the platform is robust and feature-rich, the initial setup and learning curve can feel quite steep. It takes a significant time investment to move beyond the basic functions and fully take advantage of the more advanced treasury modules. While the UI itself is intuitive, the backend configuration requires a high level of precision to get everything working correctly. Review collected by and hosted on G2.com.

I like that Kyriba can take all of my information, bank fees and statements, and store it all. It helps me by being one place where I can find all of my data. Review collected by and hosted on G2.com.

I do experience some issues with integration. Sometimes, even though we’ve been doing the same process for a very long time and nothing changes, I will have files fail. Review collected by and hosted on G2.com.

I like having everything in one place in Kyriba, which allows us to seamlessly manage our total cash portfolio. The automation of journal entries is a huge plus for me. I also appreciate being able to research bank transactions and perform searches with various filters and methods. Review collected by and hosted on G2.com.

Managing intercompany loans didn't work well because Kyriba is set up for a one-to-one loan, but our loans flow through multiple legs or legal entities. It couldn't handle this complexity and manage the tax portions of each leg correctly. Also, the initial setup was cumbersome and required us to use a third-party consulting firm. Review collected by and hosted on G2.com.

Kyriba has excellent, responsive customer support. It can be integrated into an ERP in multiple ways and through different mechanisms, including encrypted file-based transfers. Defining file formats and mappings in Kyriba for integration is relatively straightforward. It also offers strong controls to ensure that configuration and admin-related changes are approved by someone other than the person making the changes, which helps safeguard the organization’s financial assets. Review collected by and hosted on G2.com.

The UI and navigation aren’t very intuitive, and it takes first-time users some time to get accustomed to how everything is laid out. Review collected by and hosted on G2.com.

Even during the implementation phase, we see strong value in Kyriba’s robust treasury and cash management capabilities. The platform offers a comprehensive set of tools in one centralized system, which should significantly improve visibility into cash, liquidity, and banking activity once fully live. We also appreciate the scalability of the solution and the depth of functionality available as our needs evolve. Review collected by and hosted on G2.com.

As a new client still in implementation, the biggest challenge so far has been the complexity of the setup process. There is a learning curve, especially around configuration and integrations, and some areas require detailed guidance to fully understand. We expect this to improve as we complete implementation and become more familiar with the platform. Review collected by and hosted on G2.com.