Case Study: Webcor Group achieves full cash visibility with Kyriba

Webcor Group - Customer Case Study

Webcor Group is a Dubai‑based, family‑owned food distributor with 3,500 employees and operations across Europe, Africa and Asia, whose primary market is Angola. After rapid expansion and shifting consumer demand, the company faced growing strain on its treasury: poor visibility of cash flow and liquidity, fragmented communication between local, regional and international banks, tighter compliance requirements and the added pressure of Angola’s economic slowdown and a 60% depreciation of the kwanza.

To address this, CFO Frédéric Marret ran a rigorous POC in early 2015 with seven providers and selected Kyriba for its flexibility and user‑friendliness. Implementation is underway and has already improved transparency; once fully deployed the TMS is expected to deliver full cash‑flow visibility, clearer bank‑charge reporting, faster reconciliations, stronger negotiating leverage with banks and a more robust two‑way treasury for in‑ and outflows.

Webcor Group

Frederic Marret

CFO