SAN DIEGO, Oct 25 (Bernama-BUSINESS WIRE) — Kyriba, (“the Company”), a global leader of cloud-based finance and IT solutions, today announced the launch of Liquidity Planning, a totally reimagined cash flow planning and forecasting solution. Liquidity Planning unifies FP&A, working capital and treasury data across multiple scenarios, giving CFOs data, insight and actionability to accurately manage the cash lifecycle and improve the accuracy of free cash flow projections.
“Forecasting has changed. CFOs must plan liquidity and free cash flow against multiple risk scenarios and they are demanding data and analytics to deliver forecast accuracy in real-time,” said Bob Stark, Global Head of Market Strategy at Kyriba. “The cost of ineffective forecasting has risen to unprecedented levels, with CFOs losing millions because they lack the tools to manage enterprise liquidity.”