Case Study: ALVEAN achieves rapid deployment, automated payments and real-time cash visibility with Kyriba Enterprise

Alvean Focusing on the future of treasury as a business partner

ALVEAN, a global leader in sugar origination and trading headquartered in Geneva and formed in 2014, needed to rapidly stand up a secure cash-management platform for the new joint venture. The treasury team required an external, SaaS solution that could be audited and approved by IT, integrate with banking partners, support high-value payments, and replace manual fax and e-banking processes — all with a go-live horizon of under three months.

ALVEAN chose Kyriba Enterprise and went live in less than 2.5 months with MT940 and SWIFTnet integrations. The deployment (26 users, 8–10k payments/year) automated payments, eliminated manual processes, saved the equivalent of two full-time positions, reduced payment costs, and delivered real-time visibility and faster reporting — enabling the treasury to shift from transactional work to strategic cash and risk management, including mobile payment approvals.

Alvean

Catherine Da Silva

Treasurer