Business Services Industry
Partners HealthCare, O'Neal Steel, and InfoPrint Solutions Company Select Kyriba for Their Treasury Management Solution
Business Wire, June 10, 2008
SAN DIEGO -- Kyriba Corporation, the leader of web-based cash and treasury management solutions, is delighted to announce that Partners HealthCare, O'Neal Steel, and InfoPrint Solutions Company have selected Kyriba's real-time, on-demand cash and treasury management solution for their global treasury management needs.
Partners HealthCare was founded in 1994 by Brigham and Women's Hospital (BWH) and Massachusetts General Hospital (MGH). Partners is an integrated health care system that offers patients a continuum of coordinated high-quality care. Both MGH and BWH have been consistently named among the country's best hospitals by U.S. News and World Report. MGH itself conducts the largest hospital-based research program in the United States and is the oldest and largest teaching affiliate of Harvard Medical School. Partners HealthCare is a non-profit organization.
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O'Neal Steel is the nation's largest family-owned, full-line metals service center with annual sales of more than $2.3 billion. O'Neil Steel is headquartered in Birmingham, Alabama, with more than 70 locations in North America, Europe, and Asia. The O'Neal family of companies includes O'Neal Steel, Aerodyne Alloys, AIM International, Ferguson Metals, Leeco Steel, Metalwest, Supply Dynamics, Timberline Steel, and TW Metals.
InfoPrint Solutions Company, headquartered in Boulder, Colorado, brings to market the advantages IBM and Ricoh have in the development, manufacturing, marketing and building of strategic solutions for customers, creating a growth-oriented global enterprise that is strategically focused on the output market. The InfoPrint Solutions Company portfolio includes solutions for production printing for enterprises and commercial printers as well as solutions for office workgroup environments and industrial segments. The company offers customers the highest quality output solutions that optimize productivity by providing efficient workflow and, at the same time, delivering low cost of ownership and high return on investment. The heritage of InfoPrint Solutions Company includes the development of the IBM Advanced Function Presentation (AFP) Architecture - now an industry standard - and Intelligent Printer Data Stream (IPDS), which has since become the standard for mission critical business printing. The company also leads the industry in print management solutions with both InfoPrint Process Director and InfoPrint Manager.
"Having these new clients select Kyriba as their treasury management system is further proof that our solution, in combination with the SaaS delivery model, is without comparison," stated Jean-Luc Robert, CEO for Kyriba Corporation. "Kyriba's depth of functionality will provide significant benefits to these treasury operations without being a financial burden, due to our subscription based pricing model."
About Kyriba Corporation
Kyriba is a leading provider of Treasury solutions delivered under the Software as a Service (SaaS) model. Customers use the automated online system to better control their daily cash management tasks including bank balances, transaction reporting, payments, cash positioning / forecasting, automated general ledger posting and investment portfolio reporting. The system automatically collects bank statements and facilitates automated cash, bank, and ledger reconciliations through Kyriba's daily bank connectivity monitoring service. The solution also meets stringent Sarbanes-Oxley 404 audit trail, workflow, and control requirements and provides seamless integration with third-party applications. Founded in 2000 and based in San Diego, New York, Paris, Milan, and Rio de Janeiro, Kyriba serves a global client base of more than 130 corporate treasuries, insurance companies and financial institutions.
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