Case Study: Horizon Blue Cross Blue Shield of New Jersey achieves improved cash forecasting and streamlined treasury operations with Kyriba Enterprise

How Kyriba Helped Horizon BCBSNJ

Horizon Blue Cross Blue Shield of New Jersey (BCBSNJ), a not‑for‑profit health insurer with $8.2B in revenue and 5,000 employees, needed to replace an unsupported, installed treasury workstation. The company wanted a cloud solution that would improve cash‑flow forecasting, automate internal and external reporting and GL posting, and reduce IT, disaster‑recovery and performance concerns.

Kyriba Enterprise—covering bank administration, connectivity, cash positioning, forecasting and GL posting—was implemented with historical data conversion to accelerate deployment. The SaaS solution minimized IT load, improved forecasting accuracy and reporting, automated GL entries, and made cash operations more efficient, allowing the treasury team to spend less time on transactions and more on analysis.

Horizon Blue Cross Blue Shield of New Jersey