Hats off to a new era of treasury

As part of our mission to help organizations modernize their finance and treasury operations, Clearsulting partnered with Kyriba to support New Era Cap — a century-old global lifestyle brand — in transforming its treasury management processes. Facing legacy manual workflows that limited visibility, accuracy, and strategic insight, New Era Cap embarked on a digital transformation to improve liquidity performance and operational efficiency.

The challenge

Prior to implementing new treasury technology, New Era Cap’s small treasury team managed complex financial tasks using largely manual processes. This reliance on spreadsheets and isolated reporting tools made it difficult to:

• Consolidate cash and liquidity data quickly
• Provide timely insights to leadership
• Support the company’s growth initiatives, including major acquisitions like the purchase of ‘47 Brand

These limitations slowed decision-making and constrained the team’s ability to effectively manage working capital.

The solution

To tackle these challenges, New Era Cap selected Kyriba’s cloud-based treasury management platform, with Clearsulting serving as the implementation partner. Together we delivered:

• Automated cash position and forecasting tools that replaced manual Excel workflows
• Real-time visibility across global bank accounts — both domestic and international
• Streamlined reporting and analytics, enabling treasury and FP&A teams to analyze liquidity by currency and market with a single click
• Enhanced forecasting capabilities, supporting strategic planning through 2025 and beyond

This strategic implementation enabled the treasury team to operate with far greater speed, transparency, and confidence.

Read the Full Case Study

For more details on how New Era Cap transformed its treasury operations with Kyriba and Clearsulting’s implementation support, check out the full partner case study and watch the full video on Kyriba’s resource page.