Centralizing and streamlining liquidity for leading aerospace firm
Project overview and objectives
A global leader in aerospace sought to modernize its treasury operations to gain real-time visibility, streamline payments, and better manage complex debt and investment activities across multiple currencies. They were struggling with:
- Limited cash visibility due to a reliance on manual Excel-based tracking
- Disconnected payment processes requiring logins to multiple bank portals
- Inability to analyze the full lifecycle of debt and investment contracts
- Fragmented data preventing accurate, timely cash and liquidity insights
What we did
With visibility and automation as the goal, we collaborated closely to:
- Connect all reporting banks to Kyriba to establish a daily, automated cash position
- Centralize payment execution enabling direct transmission of large payment files to banks
- Build functionality to track multi-currency debt and investment activity and generate detailed reports
- Automate monthly liquidity position reporting for leadership visibility and decision-making
Impact
- Achieved real-time cash visibility without manual updates or reconciliations
- Enabled entry of $31M+ in payments through a single portal, with immediate visibility into resulting cash movements
- Delivered a holistic view of available cash, integrating live bank balances, debt, and investments
- Increased efficiency, accuracy, and confidence in cash management and reporting processes
Want to see similar results for your organization? Explore the work we do with Kyriba.