Kyriba
110 Case Studies
A Kyriba Case Study
Hunt Companies, a real estate and infrastructure firm with over 1,500 employees, was paying significant bank wire fees and losing time to slow, error-prone payment processing. High monthly payment volume combined with wire rejections that often arrived hours or days later forced the finance team to spend substantial time researching and reissuing failed payments.
By adopting Real Time Payments through Kyriba, Hunt reduced per-payment bank fees from an average of $6 to under $1 and eliminated much of the manual effort spent on failed wires. Within three months RTP usage grew 375% month-over-month, now accounting for nearly 10% of payments, with further savings and efficiency gains expected as more banks adopt RTP and transaction limits increase (recently raised to $1M).
David Miller
Treasurer & Sr. Vice President