Kyriba and SkySparc partner on tech overhaul for treasury systems

SkySparc and Kyriba announced a strategic partnership designed to enhance treasury management implementation and integration. This collaboration brings SkySparc’s technology accelerators and deep implementation expertise to Kyriba’s global client base, expected to significantly reduce time-to-benefit for treasurers worldwide.

The partnership leverages SkySparc’s advanced technologies, including the innovative OmniFi automation platform and iBAV bank account validation tool, to complement Kyriba’s comprehensive financial management solution.

This combination goes beyond traditional implementation services, offering treasurers a comprehensive toolkit, which enables them to rapidly deploy, integrate, and optimize their treasury systems. By streamlining the implementation process and enhancing system integration capabilities, the relationship aims to minimize the time and complexity typically associated with treasury technology projects.

At the heart of this partnership is SkySparc’s OmniFi platform, which seamlessly consolidates diverse financial systems, providing treasurers with unprecedented operational efficiency. Coupled with the iBAV’s enhanced security features, this integration sets new standards for both effectiveness and risk management in treasury operations.

Henrik Crone, deputy CEO and head of Treasury Consulting at SkySparc, said in a statement: “Our partnership with Kyriba represents a noteworthy leap forward in treasury management technology. By combining our innovative accelerators with Kyriba’s advanced treasury and cash management suite, we will drive faster, smoother implementations, maximizing the value treasurers derive from their technology investments.”

Ara Gopal, global vice president for Partnerships and Alliances at Kyriba, said in a statement: “This collaboration aligns perfectly with our commitment to driving innovation in treasury and finance and eliminating liquidity gridlock. By integrating SkySparc’s technology with our treasury platform, we offer clients a fast track to optimized treasury operations, enabling them to manage the complexities of global finance with greater agility and confidence.”

Jeff Struzenski, managing director of SkySparc Americas, said in a statement: “This partnership is a game-changer for treasurers. Our combined offering of highly-trained, certified Kyriba consultants and efficient technology like OmniFi will significantly reduce implementation times and optimize existing treasury platforms more effectively.”

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