Kyriba
15% Faster Collections, 100% Deferred Revenue Visibility, and 40% Less Manual P2P Effort — CloudPaths Delivers Agile NetSuite Enhancements for Global SaaS Leader Kyriba
Client: Kyriba
Industry: Treasury & Financial SaaS
Geography: North America, EMEA, APAC
ERP Platform: NetSuite (Live since 2021)
Business Transformation Overview
Kyriba, a global leader in cloud-based treasury and finance solutions, needed to modernize its NetSuite processes to better support international operations, increase financial visibility, and drive automation across cash collection and vendor reconciliation.
CloudPaths enhanced Kyriba’s existing NetSuite instance with targeted automation, custom reporting, and process optimization—boosting revenue transparency, shortening the collections cycle, and improving P2P efficiency across entities.
Key Challenges
Dunning Inefficiencies: Automated reminders were poorly timed, leading to customer confusion and missed payments—even for already-settled invoices.
Deferred Revenue Blind Spots: No clear visibility into deferred revenue trends; saved searches were insufficient for forecasting and analysis.
Manual Invoice Reconciliation: Procurement and finance teams spent excessive time manually matching vendor invoices to POs and payments.
CloudPaths Solution
Dunning Process Automation: Leveraged SuiteScripts and workflows to automate invoice reminders, ensuring accurate, timely communication aligned with payment status.
Deferred Revenue Waterfall Reports: Built and scheduled automated revenue reports to track and forecast deferred revenue, enabling better revenue recognition and planning.
Automated Vendor Reconciliation: Used custom fields and workflow automation to link POs, invoices, and payments—removing manual effort from P2P cycles.
Business Impact
Reduced Days Sales Outstanding: Streamlined and accurate Dunning automation encouraged timely customer payments—accelerating cash inflow.
Full Deferred Revenue Visibility: Finance leaders gained real-time reporting on deferred revenue, improving decision-making and reducing reporting overhead.
Improved P2P Efficiency: Vendor invoice reconciliation was simplified, improving finance team productivity and reducing matching discrepancies.
Outcome
CloudPaths turned Kyriba’s fragmented processes into streamlined, scalable NetSuite operations—unlocking faster cash collection, richer revenue insights, and accurate procure-to-pay reconciliation.
These targeted enhancements equipped Kyriba’s global finance organization with the agility and transparency needed to scale with confidence.