Treasury departments face a critical challenge: harnessing their data effectively. Fragmented systems create inconsistencies, while regulatory demands grow stringent. Manual processes struggle to provide real-time insights, and without a solid data foundation, AI's revolutionary potential remains out of reach.
We're delighted to partner with SkySparc to bring these advanced tools to our clients. This collaboration aligns perfectly with our commitment to driving innovation in treasury and finance and eliminating liquidity gridlock.Ara Gopal, Global Vice President, Partnerships And Alliances at Kyriba
As a certified Kyriba partner since 2019, SkySparc offers:
Understand your unique treasury challenges.
Create a tailored Kyriba and OmniFi integration plan.
Deploy solutions efficiently using proven methodologies.
Seamlessly connect Kyriba with existing systems using OmniFi.
Streamline processes and enhance reporting capabilities.
Continuously improve your treasury operations.
SkySparc elevates your Kyriba experience, delivering unparalleled value across your treasury operations:
Real-time, comprehensive financial dashboards.
Connect Kyriba with ERPs and trading platforms.
Automate routine tasks and reduce manual errors.
Flexible, automated reporting for evolving demands.
Fuel AI-driven forecasting and anomaly detection.
OmniFi, SkySparc’s powerful automation platform, seamlessly enhances Kyriba’s functionality to address pressing treasury challenges:
Transform your treasury from data gatherers into strategic powerhouses with SkySparc’s OmniFi and Kyriba.
Polestar, an independent electric performance car brand sharing technology with Volvo, began operations in 2019 and started building its treasury department from scratch. To manage its cash and payments as it scaled the business, Polestar selected Kyriba, a global leader in liquidity performance solutions, with infiniance, a SkySparc company, as its implementation partner. The project included cash management, forecasting, and payments for initial markets in Sweden, Norway, and the UK, seamlessly integrating with the Workday ERP system. Bank connectivity for payment reconciliation followed ISO 20022 standards. We played a pivotal role as both an implementer and advisor throughout the project, which remains ongoing as Polestar continues its expansion into new markets
For the past three years, infiniance, a SkySparc company, has implemented and supported Kyriba for a prominent UK-based fund services manager. The project began with the management of financial transactions and expanded to include financial accounting and advanced risk reporting. Additionally, the client requested infiniance’s assistance in establishing a global payment factory and integrating it with the company’s new enterprise-wide ERP system, primarily using API connectivity through the Kyriba Open API platform.
As a traditionally decentralized company, the client wanted to achieve a "single source of truth" for cash availability across global, national, and bank-level operations. infiniance helped accomplish this by implementing a global structure based on SWIFT, consolidating bank statements on a global scale. Furthermore, Kyriba was deployed as a centralized payments platform, integrating with 10 different ERPs worldwide. This provided enhanced visibility, improved security, and reduced the risk of fraud.
For a large Finnish industrial group, we have been implementing Kyriba to manage the group's entire treasury processes, including setting up a payment factory integrated with SAP S/4HANA. In addition to payment and cash management, the scope also includes financial transactions, in-house banking, hedge accounting, and leveraging Kyriba’s built-in BI platform for advanced reporting capabilities.
Discover how SkySparc’s OmniFi can enhance your Kyriba experience and drive treasury transformation.
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