Case Study: DFC Global achieves improved efficiency and a more strategic treasury role with Kyriba

Kyriba Helps DFC Global Improve Efficiency and Become More Strategic

DFC Global, an international non-bank financial services company with 1,500+ retail locations in 10 countries, relied on small treasury teams (five in North America and five in Europe) to manage cash, FX and capital for a rapidly growing, acquisition-driven business. Siloed data and more than 20 banking platforms left cash reporting, forecasting, reconciliations and SOX controls manual and inefficient, limiting treasury’s ability to act as a strategic partner to business units.

The company deployed Kyriba’s global SaaS treasury application to centralize transaction and balance feeds, automate cash positioning and forecasting, manage debt and interest accruals, and run reconciliations and payments (including customer loan funding). The rollout delivered daily global cash visibility, real-time funding and stronger controls, reduced manual work and compliance risk, and positioned treasury as a strategic contributor to capital allocation, M&A and new product initiatives.

DFC Global

Eric Erickson