Financial Technology

Financial Technology

December 05, 2012

WNS Announces its Collaboration with Kyriba

WNS (Holdings) Limited (WNS), a provider of global business process outsourcing (BPO) services, has entered into partnership with Kyriba , a major player in cloud-based treasury management solutions, to further strengthen its finance and accounting (F&A) capabilities.

As part of the pact, WNS will now offer Kyriba’s SaaS (News - Alert) treasury and cash management solutions to its clients and Kyriba will offer WNS transformation, re-engineering, project management and data analysis services to its clients across the globe.

Officials with WNS opined that this alliance will further strengthen the company’s capabilities in treasury automation and risk management, delivering performance, visibility, and security to its customers with a fully integrated solution.

Kyriba is a global player in cash management and optimization, bank fee analysis, and financial risk management.

Company officials said that this new strategic alliance will enable client organizations to manage these activities through a single, cloud-based solution.

“Today, our clients want compelling and complete business solutions which give them immediate value by improving business processes and speed-to-market solutions, while reducing costs,” said Keshav R. Murugesh, group CEO, WNS, in a statement.

“WNS and Kyriba will combine their strengths to deliver valuable cloud-based F&A solutions that provide enhanced customer service with deeper domain expertise,” said Murugesh.

“We are pleased to join forces with WNS to help the company’s clients gain deeper visibility into their cash positions and make their treasury functions more streamlined,” said Jean-Luc Robert, chairman and CEO of Kyriba.

“Our cloud-based treasury solutions enable enterprises to efficiently manage cash, investments, and risk management requirements, and our alliance with WNS will help our respective customers to further advance their finance and accounting operations,” said Jean-Luc Robert.

“We also look forward to offering both BPO and F&A services,” said Jean-Luc Robert.

Earlier in November, WNS had announced the release of the EZ-Accounts Payable Workbench, or EZ-APW, a suite of ERP technology tools to enable Procure to Pay (P2P) process improvement and automation for non-Oracle (News - Alert) and non-SAP based ERP solutions.

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Edited by Rich Steeves

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