subject: Kyriba And Pollenware (c2fo)tm Announce Partnership [print this page] San Diego, CA August 8, 2012 Kyriba, the leader in cloud-based treasury management and supply chain finance solutions, and Pollenware (C2FO), the global market for working capital and risk-free profit, today announced that the companies have forged a strategic partnership. Effective immediately, the Pollenware (C2FO) technology platform is available to Kyriba clients as a new alternative for cash optimization. In addition, Pollenware (C2FO) clients will now have the opportunity to achieve greater cash visibility and treasury efficiency through Kyribas cloud-based treasury management solution.
The Pollenware (C2FO) offering is an ideal complement to Kyribas existing supply chain finance solution that offers payables financing, reverse factoring and dynamic discounting. Together, these solutions will offer our clients better means to optimize their cash flows and working capital, which is a key connection between treasury management and supply chain finance, stated Jean-Luc Robert, CEO, Kyriba.
In a recent report entitled The New Treasury Management Systems from Aite Group, Aites Senior Analyst Enrico Camerinelli identified that the new generation of treasury management systems are intelligent systems that should include supply chain finance capabilities, including cash optimization.
"By adopting Pollenware (C2FO) and Kyribas treasury management solution, clients can capture new recurring operating income and achieve complete cash and treasury visibility. This partnership will improve treasury and working capital decision making leading to greater profit opportunities for companies across the globe," said Alexander "Sandy" Kemper, Pollenware (C2FO) founder and CEO.
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%, we support more than 700 organizations globally including market leaders such as Amway, Electronic Arts (EA), Interpublic Group, PulteGroup, Inc. and Qualcomm. For more information, contact treasury@kyriba.com or visit www.kyriba.com.
About Pollenware (C2FO)
The Pollenware (C2FO) technology platform is the only working capital collaborative exchange that brings companies together to optimize working capital flows and risk-free profit during daily market-clearing events. Pollenware Clients including Costco, Walgreens, Toys"R"Us and WellPoint use (C2FO) to increase their gross and net profit while simultaneously producing vital Early Cash Flow Delivery (ECFD) to the supply chain. (C2FO) is the global market for working capital and risk-free profit. Learn more about Pollenware (C2FO) at www.pollenware.com.
