Kyriba Launches New Receivables Finance Solution to Help Finance Teams Facing Higher Interest Rates and Inflation
Kyriba , the global leader in cloud-based financial and IT solutions, has today announced the launch of Kyriba Receivables Finance.
- Kyriba , the global leader in cloud-based financial and IT solutions, has today announced the launch of Kyriba Receivables Finance.
- The solution provides finance teams with greater control over factoring or securitisation programs as well as enabling selective invoice financing.
- In 2023, corporate insolvencies are expected to grow by 10% in UK1 due to higher energy prices, and rising interest rates and wages.
- Kyriba Receivables Finance enables CFOs to release funds tied up in unpaid accounts receivables, quickly convert them into cash and optimise decision making, said Edi Poloniato, Head of Working Capital, Kyriba.