Italian food company Barilla is the latest customer for Kyriba's Enterprise Liquidity Management platform to support its treasury, risk management and supply chain finance operations.
The solution will centralise Barilla’s multiple supply chain finance programs into a single Dynamic Discounting programme. The platform, says Barilla, will also increase cash visibility, improve cash forecasting, and digitise FX, interest rate, and commodities risk management.
'We set out to bring more value to the Barilla enterprise and required a provider that would deliver an easy-to-use solution with proven expertise in supply chain finance, and a robust multi-bank connection capable of onboarding suppliers anywhere in the world', said Giangaddo Prati, Group Chief Financial and Information Technology Officer at The Barilla Group. 'Kyriba is the only provider to bundle treasury management and supply chain finance in a unique solution.'
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