Kyriba
110 Case Studies
A Kyriba Case Study
Arianespace, the Paris‑based commercial satellite launch company founded in 1980, faced growing treasury and banking challenges as it moved to the euro and international standards. Its home‑grown cash management tool couldn’t scale to handle SWIFT/SEPA requirements, timely bank communications, high‑value transfers and growing fraud risk, while staff spent significant time processing checks and manual transfers.
Arianespace implemented Kyriba Enterprise (selected in 2006, deployed in 2007) to centralize bank communications and automate payments. The SaaS solution eliminated paper checks, tightened transfer security across Europe, reduced bank charges and fraud exposure, freed the treasury team to focus on strategy, and enabled longer‑term forecasting and investment control.
Bernard Gall
Assistant Treasurer