Case Study: Cunningham Lindsey achieves 10x cash visibility and 60% forecasting accuracy with Kyriba Enterprise

How Kyriba Helped Cunningham Lindsey Increase Cash Visibility Tenfold

Cunningham Lindsey, a global loss-adjusting and claim-management firm of about 7,000 employees headquartered in Tampa, FL, faced limited global cash visibility, inconsistent forecasting, and excessive idle cash—weekly balances covered under 10% of accounts, forecast accuracy hovered around 75–80%, and cash on the balance sheet exceeded targets by more than 250%.

By implementing Kyriba Enterprise with direct bank connectivity and SWIFT reporting, the treasury automated daily reporting for 92% of accounts, increased cash visibility tenfold, and reduced forecast variance by 60%. The company eliminated its bank revolver, cut excess cash by 140%, improved cash returns by 400%, and achieved a positive NPV within six months and an IRR exceeding 800% after the first year.

Cunningham Lindsey