Case Study: Partners HealthCare achieves centralized cash management and improved forecasting with Kyriba Enterprise

How Kyriba Helped Partners HealthCare

Partners HealthCare, a Boston-based health services organization with $8.1B in revenue and 60,000 employees, needed a central treasury platform as it grew through new affiliates. The company was running multiple disparate systems that didn’t communicate—legacy cash management, a bank treasury workstation, intercompany netting and a web forecasting tool—which caused data fragmentation, limited historical storage, and prevented automated reconciliation and robust reporting. Partners’ goals were a unified web-based solution, retention of existing functionality, and better data management without added IT burden.

Kyriba Enterprise delivered a SaaS, web-based treasury platform with bank connectivity, consolidated cash positioning, forecasting (including recurring cash flow), and GL posting. The implementation eliminated internal servers, gave affiliates secure access, produced consolidated forecasted positions and easier variance analysis, and provided large historical storage for audits. As a result, Partners streamlined workflows, improved reporting and SOX compliance, and reported measurable, empowering benefits for its treasury users.

Partners HealthCare