Case Study: HelloFresh achieves seconds-fast payment reconciliation with Kyriba Trusted Agentic AI

HelloFresh reconciles payments in seconds with Kyriba

HelloFresh, a global meal kit company generating nearly $8 billion in revenue, faced the challenge of scaling its treasury operations across 16 markets with a lean team. Their challenge was to automate complex processes like payment reconciliation and system documentation lookup, which were previously manual and time-consuming. To address this, HelloFresh partnered with treasury management vendor Kyriba and implemented its Trusted Agentic AI (TAI) product.

Kyriba's solution provided a scalable treasury management system with a high degree of automation, which was later enhanced with TAI. The results were significant, enabling HelloFresh to reconcile previously hard-to-match payments in seconds instead of hours and to instantly answer complex system architecture questions. This Kyriba implementation automated reporting, improved liquidity planning, and shifted the treasury team's focus from creating data to analyzing it, creating substantial efficiency for the global business.

HelloFresh