Kyriba® Announces Cloud Treasury SuiteApp for NetSuite's SuiteCloud Computing Platform

Online, December 14, 2012 (Newswire.com) - Kyriba, the leader in cloud-based treasury management solutions, today announced the Kyriba Cloud Treasury SuiteApp, built using NetSuite's SuiteCloud Computing Platform.

The Cloud Treasury SuiteApp delivers Kyriba's industry-leading cash management and treasury functionality, allowing NetSuite customers to streamline corporate treasury operations, gain real-time insights into their cash management activities and increase operational efficiencies. The SuiteApp provides a range of features, such as bank reporting, cash forecasting, bank fee analysis, bank reconciliation, payments and risk management.
NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools, and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. The complete SuiteCloud offering includes NetSuite's multi-tenant, always-on SaaS infrastructure and the NetSuite Business Suite of applications, which cover accounting, enterprise resource planning (ERP), customer relationship management (CRM) and e-commerce.

"Kyriba's Cloud Treasury SuiteApp is a perfect complement to NetSuite's cloud-based financial solutions currently being used by thousands of companies worldwide," said Guido Haarmans, Vice President Business Development for Technology Partners at NetSuite. "Our customers have diverse treasury requirements and Kyriba's solution enables NetSuite customers to enhance their financial decision making by increasing their visibility into cash, liquidity, financial positions and exposures."

"We have been working closely with the NetSuite team to ensure we deliver a seamless multi-tenant SaaS treasury SuiteApp for NetSuite users," said Jean-Luc Robert, chairman and CEO of Kyriba. "Kyriba's treasury-in-the-cloud provides NetSuite customers with a high-performance, secure, and flexible solution for their treasury requirements. The new SuiteApp helps companies advance their treasury operations while implementing the necessary financial controls to manage their business in the most cost-effective manner possible."

Visit www.suiteapp.com for more information on the integrated solution.

About Kyriba
Kyriba is the global leader in next generation treasury solutions in the cloud. We enable CFOs and finance teams to optimize their corporate treasury functions by delivering fully-integrated cash, treasury, payment, risk management and supply chain finance solutions through a user-friendly, scalable and secure SaaS platform. Kyriba improves visibility and productivity, enabling our clients to minimize risks and have better control over their treasury and finance decisions. With a client loyalty rate of over 98 percent, we support more than 700 organizations globally including market leaders such as Amway, Electronic Arts (EA), Interpublic Group, PulteGroup, Inc. and Qualcomm.

About SuiteCloud
NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes. The complete SuiteCloud offering includes NetSuite's multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications (Accounting/ERP, CRM and eCommerce); and the NS-BOS Development Platform.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for Independent Software Vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs.

NetSuite, the NetSuite logo, SuiteBundler, SuiteCloud, Suitelets and SuiteScript are service-marks or trademarks of NetSuite Inc.