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Treasury & Capital Markets
Finance solutions firm Kyriba to support Averda’s treasury management
Kyriba Corp, a cloud-based treasury management services provider, announced that global waste management firm Averda will be using Kyriba’s treasury management software
The Asset 27 Aug 2015
Kyriba Corp, a cloud-based treasury management services provider, announced that global waste management firm Averda will be using Kyriba’s treasury management software.
 
Averda joins more than 1,000 organizations worldwide that uses Kyriba’s platform to optimize their cash, manage their risk, and work their capital. Kyriba services markets including the US, the UK, the Middle East and Southeast Asia.
 
Averda chose Kyriba’s cloud-based treasury management solution to support further strategic business growth by enhancing visibility into its cash flow and liquidity, and add rigor to its financial controls and bank account management.
 
“We brought on Kyriba, a progressive treasury management solution, to empower our treasury team with the most advanced tools we could find in the market,” says Maria Bavelaar, Averda group treasurer. “We are delighted to work with Kyriba’s cloud-based treasury solution. Our company has offices in remote locations, manages diverse currencies, and with our rapid growth into new markets, we need to not only ensure full insight in our global cash but also be more aware of our potential liquidity and FX risk.”

 

“We are pleased to work with such an innovative company in the Middle East,” adds Roger Baroutjian managing director of Kyriba Middle East FZ-LLC. “Kyriba’s technology is a great fit for Averda and will provide more strategic insight into company-wide financial decisions.” 

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