Global Survey Validates the Emergence of a New Practice Area in Enterprise IT Valued at $30 Billion

SAN DIEGO & PARIS, March 25 (Bernama-BUSINESS WIRE) — Kyriba, (“the Company”) a global leader of cloud-based finance and IT solutions, today announced the results of a major IDC survey commissioned by Kyriba. The global survey results of over 800 corporate finance executives validate the emergence of a new practice area in Enterprise IT that includes risk management, payments, real-time connectivity, treasury management and working capital finance. The survey further confirms that predictive analytics, APIs, and artificial intelligence are key integrated technologies required by financial leaders to optimize enterprise liquidity.

Leading CFOs leverage technology integration to unify financial data and processes

The survey highlights a group (“leaders”) who outperformed the survey set in operational efficiency, technology adoption, and process maturity:

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