Case Study: Large Private Research University achieves 5x reduction in operational risk and 2x treasury productivity with Kyriba

Reducing Operational Risk Through Cloud-Based Treasury Technology

An iconic private university in the Northeast with a multi‑billion‑dollar endowment and global campuses faced inefficient, high‑risk treasury operations: staff relied on spreadsheets and bank portals to compile daily cash positions, creating hours of manual work, key‑person risk, susceptibility to errors, and exposure to fraud and business‑continuity gaps.

The university deployed Kyriba’s cloud platform—Cash Management, Cash Forecasting and Bank Fee Analysis—automating daily position collection across 4+ global banks, centralizing operations, and enabling faster, more accurate forecasts. Results included a 2x increase in treasury productivity, about $65K annual bank‑fee savings, stronger controls (MFA, IP filtering, backups), and an estimated 5x reduction in operational risk.