In today’s interconnected financial world, CFOs and treasury teams need a seamless way to manage their banking relationships and streamline financial operations. Centralizing all banks and ERPs into one unified platform is key to enhancing operational efficiency and ensuring smooth cash flow management.
Techtonic Advisory specializes in implementing Kyriba’s Bank Connectivity solution, which centralizes multiple banking relationships into one centralized hub. Kyriba’s platform supports a variety of connection methods, including sFTP, SWIFT, and APIs, allowing clients to manage and integrate transactions across global and local banks with ease.
With a track record of over 100 successful bank connectivity implementations, Techtonic’s experienced team has worked with major and regional banks to streamline integration. We’ve created comprehensive documentation for clients covering all the necessary information banks typically request to kickstart and configure connections. This documentation ensures a smooth and quick connection setup, minimizing delays and accelerating your connectivity process.
Let Techtonic and Kyriba transform the way you manage your bank connections, offering a unified platform for complete visibility and control. Reach out to learn how our expertise can help you centralize and optimize your banking relationships for increased efficiency.
In today’s fast-paced financial environment, CFOs require enhanced precision and real-time insight into their cash positions to make informed decisions that support business growth. The increasing focus on free cash flow, coupled with the need for proactive planning, has elevated the importance of advanced cash and liquidity management.
Techtonic Advisory specializes in implementing Kyriba’s all-encompassing Cash and Liquidity Management solutions, empowering CFOs and treasury teams to optimize their cash management processes efficiently.
Have you implemented the new ISO20022 XML bank statement format yet? This advanced format provides deeper visibility into your transactions, offering more comprehensive details for improved decision-making. When paired with automatic cash forecasts, overdraft management via lender terms functionality, and enhanced visibility across cash, debt, investments, and foreign exchange through liquidity worksheets, organizations can streamline operations and make faster, more informed decisions. Pre-configured automatic report templates further simplify this process, enabling more effective management of cash reserves.
Reach out to learn how you can achieve real-time visibility and optimize your cash management strategies with Kyriba.
In an increasingly complex financial landscape, optimizing payment processing is crucial for businesses aiming to enhance efficiency and reduce costs. With rising concerns around fraud, new regulatory standards, and the complexity of managing multiple bank connections, organizations need a robust, scalable solution to centralize and manage their payment activity.
Techtonic Advisory specializes in implementing Kyriba’s Payments solution, which helps accelerate ERP payments and bank connectivity projects. Having successfully delivered large global payment factory implementations, Techtonic understands the intricacies of bank requirements and can leverage our extensive experience to reduce project timelines and costs.
Preparing for the migration from MT to MX/XML payment format? Techtonic can help! Over the past 3+ years, we’ve developed a comprehensive database of payment scenarios tested across multiple banks. Our expertise ensures a seamless transition to XML or MX formats, with minimal disruption to your current payment processes. With SWIFT deadlines fast approaching, let Techtonic support your migration so you can continue to focus on what matters most.
Reach out today to learn how we can streamline your payment transformation journey.
In today’s fast-paced financial environment, companies need a reliable tool to automate the creation and management of journal entries across a variety of financial activities. Manually tracking and recording these entries can be time-consuming, error-prone, and difficult to scale, especially as businesses grow and deal with complex accounting standards.
The Financial Accounting module in Kyriba is designed to automate and streamline the process of recording and managing journal entries for a wide range of financial activities, including debt, investments, foreign exchange, and securities. By integrating accounting rules with deal-related data, this module ensures compliance with various accounting standards, such as IFRS9 and ASC820.
At Techtonic Advisory, we specialize in automating financial accounting processes within Kyriba, making it easier for businesses to integrate and manage their accounting entries efficiently. Our expertise extends across all available deals in Kyriba, including debt, investments, interest rates, foreign exchange, and securities. By automating journal entries for these diverse financial activities, we help companies streamline their accounting workflows, reduce manual errors, and ensure greater accuracy in their financial reporting.
Our team excels in integrating Kyriba’s automated journal entry features with multiple ERP systems, such as SAP, Oracle, Workday, JD Edwards, MS Dynamics, MS Great Plains, and others. This integration ensures a seamless flow of data between your treasury and financial accounting systems, creating accurate, up-to-date journal entries that align with your business’s financial framework. Whether it’s creating, approving, or exporting accounting entries, we enable your team to operate more efficiently and with greater visibility into your financial transactions.
With our deep understanding of both financial accounting and Kyriba’s powerful capabilities, Techtonic Advisory delivers solutions that empower businesses to automate and optimize their accounting processes—allowing for faster, more accurate financial reporting and better decision-making across the organization.
Managing internal liquidity is essential for companies aiming to improve cash visibility, reduce costs, and streamline their financial operations. With complex cash pooling structures, interest accruals, and foreign exchange conversions, it’s crucial for businesses to have a unified solution to track and optimize internal funding. In-house banking solutions provide businesses with the ability to centralize and manage their intercompany cash flows, providing greater control over liquidity while minimizing reliance on external banking products and reducing transaction costs.
At Techtonic Advisory, we specialize in helping businesses implement and optimize their in-house banking structures. Our experienced consultants have a proven track record of implementing global in- house banking solutions that align with both local and international financial regulations. We work closely with clients to create tailored solutions that integrate all essential in-house banking components, such as lender and borrower terms, withholding tax, VAT, automatic interest payments, interest accrual, capitalized interest, and FX conversions.
Techtonic has developed comprehensive starter kits to gather all relevant in-house banking details, ensuring a smooth and efficient implementation process. We help you automate interest calculations, optimize cash pooling, and generate accurate statements and journal entries. By leveraging in-house banking, your company can gain greater control over liquidity, increase bank independence, and drive financial efficiencies that support strategic growth.
Ready to gain control over your internal liquidity? Let’s talk—contact us for a conversation on how we can help you optimize your in-house banking solution.
