KUALA LUMPUR, July 21 (Bernama) -- Accounting automation software leader BlackLine Inc and Kyriba, a global leader of cloud-based finance and IT solutions, have announced joining forces to streamline the digitalisation of the Office of the CFO and improve collaboration between Finance and Treasury departments.
The partnership offers enhanced capabilities for mutual customers through their integrated solutions to accelerate bank connectivity, increasing cash visibility and enabling greater automation within the financial close and accounts receivable processes.
At a time when organisational resilience is more important than ever, Finance and Treasury leaders need their technology solutions to work more efficiently together across both the Finance and Accounting organisations, including Treasury and Risk.
BlackLine and Kyriba help companies adapt and respond to the changing landscape by streamlining processes, enhancing data integrity, optimising cash and liquidity management, and automating repetitive work to transform traditional close processes.
“Kyriba unlocks rapid integration capabilities with its innovation in connectivity and has created new ecosystems of value through global partnerships,” Kyriba chief revenue officer Joe Marcin said in a statement.
“Coupling Kyriba’s innovative treasury capabilities with BlackLine’s market-leading financial close and accounts receivable automation solutions is a natural evolution in financial close, analysis and reporting.”
Meanwhile, BlackLine Channels and Alliances senior vice-president Mel Zeledon said: “With our new partnership, BlackLine provides Kyriba customers with market-leading solutions that fuel treasury teams with real-time, reliable and data-backed analytics to automate bank reconciliation and other key financial close and accounts receivable processes.”
San Diego-headquartered Kyriba is a secure, scalable SaaS platform that leverages artificial intelligence, automates payments workflows, and enables thousands of multinational corporations and banks to maximise growth opportunities, protect against loss from fraud and financial risk, and reduce operational costs.
For more information, visit www.kyriba.com.
-- BERNAMA
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