Liz Claiborne picks Kyriba solution for global opts
22 Oct '07
2 min read
Kyriba Corporation, the innovator and leader of web-based cash and treasury management solutions, announced that Liz Claiborne Inc has selected Kyriba's real-time cash and treasury management system for their global operations.
Liz Claiborne Inc designs and markets an extensive range of fashion apparel and accessories. Its diverse portfolio of brands includes Juicy Couture, Kate Spade, Liz Claiborne, Lucky Brand Jeans and Mexx. Founded in 1976, the company's merchandise is available globally at more than 30,000 points of sale.
“We wanted a web-based system with a world-class reputation,” stated John Engeman, Assistant Treasurer for Liz Claiborne Inc. “Kyriba's comprehensive, multi-currency solution allows us to consolidate data from our global banking relationships and manage our working capital more effectively on a worldwide basis”
Kyriba's state-of-the-art, web-based cash and treasury management solutions are flexible and scalable to evolve as a company's needs expand. 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.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
