Supply Chain Finance Payables Financing

To help corporate finance teams improve cash Kyriba’s Payables Financing module (also known as and working capital optimization, Kyriba features Reverse Factoring) is a scalable, multi-bank portal a supply chain finance solution that includes both that connects buyers, suppliers, and banks on one payables financing (reverse factoring) and dynamic platform to support the early payment of invoices to a discounting. This solution fully integrates with and company’s suppliers. The module provides visibility complements Kyriba’s technology leadership in Benefits for buyers: to invoices that the buyer approves for payment, cash, treasury, and risk management. • Flexibility to offer dynamic enabling suppliers to opt for early payment of the discounting and/or payables approved invoices – at a favorable discount compared financing programs to suppliers to financing they could receive on their own. • Improved cash optimization Dynamic Discounting Pre-arranged financing is provided by the banks and/or working capital Kyriba’s Dynamic Discounting module supports that participate in the buyer’s supply chain finance • Global program support buyers in managing self-funded early payment program. As a multi-bank portal, Kyriba helps alleviate • Multi-bank platform discount programs for suppliers. Dynamic credit exposure and credit limit issues that can • Automated settlement via integration with the Payments discounting programs enable buyers to earn risk free constrain a single-bank supply chain finance program. Module returns on their available liquidity, while offering the opportunity to suppliers to receive cash earlier than Within the solution, the buyer has the opportunity to Benefits for suppliers: the contracted payment date. As the buyer uses access additional unsecured liquidity and improve • Real-time visibility into invoices their own cash, it represents a ‘cash optimization’ working capital by extending payment terms while still approved for payment opportunity for the treasurer since the effective rate offering competitive financing solutions to suppliers • Improved cash conversion of return on the early payment would be superior to who elect to receive early payments. This ensures cycle from receipt of early the financial health of its supply chain and minimizes payments other available alternatives. counterparty risk. • Better discount rates on receivables Within Kyriba, suppliers are offered a discount rate Although Kyriba’s Payables Financing and Dynamic • Decreased trade receivables by the buyer that is dynamically calculated for the term on the balance sheet and of the invoice, meaning the earlier the payment the Discounting modules can operate on a stand-alone improved cash position greater the discount. This is a voluntary election by basis, the modules are fully integrated with other suppliers, where they can more effectively plan for Kyriba modules, including the Payments module, their own working capital needs. In addition to the to ensure that supplier elections to receive early opportunity to optimize cash returns, the workflow payment, the bank’s payment to the supplier, and automation within Kyriba significantly reduces the buyer’s payment processes to the bank are the administration time and effort for the buyer to seamlessly integrated. Kyriba also fully integrates manage a global dynamic discounting program.. with the buyer’s existing ERP systems for a complete workflow.

www.kyriba.com | [email protected] Supply Chain Finance Workspaces

Kyriba’s Dynamic Discounting module offers two workspaces: one for the buyer and one for suppliers.

Buyers Workspace Suppliers Workspace

■■ Import of invoices from ERP ■■ Comprehensive dashboard and graphical display ■■ View of invoices requested for early payment ■■ Approved invoices ■■ Set up of discount rules ■■ Summary of position by buyer ■■ Payment processing to suppliers ■■ Management of the financing request ■■ Full reporting history ■■ Full reporting history

Kyriba’s Payables Financing module offers three workspaces, each with its participants, approval workflows, and personalized views.

Buyers Workspace Financial Partners Workspace

■■ Import of invoices from ERP ■■ Complete integration with buyer and supplier updates ■■ View of invoices requested for early payment ■■ Automated import of financing requests and ■■ Setup of the financial terms approvals

■■ Payment processing to financial partners ■■ Management of financing contracts

■■ Full reporting history ■■ Online validations of financing requests Suppliers Workspace ■■ Full reporting history

■■ Comprehensive dashboard and graphical display Import from ERPs ■■ Approved invoices Buyer Export of ■■ Summary of position by buyer Financing Requests

■■ Management of the fnancing request Cash Financial Forecast Suppliers ■■ Full reporting history Partners Update

Payment Generation

About Kyriba

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

www.kyriba.com | [email protected]