Case Study: Qualcomm achieves global cash visibility and automated treasury operations with Kyriba Enterprise

Kyriba Helps Qualcomm Increase Global Cash Visibility

Qualcomm, a $15B digital wireless telecommunications company with 17,500 employees headquartered in San Diego, had outgrown spreadsheets and manual treasury processes. The finance team needed better global cash visibility and monitoring of international bank accounts, more frequent and flexible reporting, and a pure web/SaaS solution to reduce internal IT overhead.

Qualcomm implemented Kyriba Enterprise (Bank Admin, Bank Connectivity, Cash Positioning, GL Posting) to automate bank reporting across seven banks—achieving visibility into 95% of accounts—centralize cash positioning and improve forecast-to-actual reconciliation, and automatically post transactions to Oracle (automating over 99% of transactions). The solution streamlined processes, increased efficiency, and strengthened SOX controls through improved auditability, user access transparency, and segregation of duties.

Qualcomm