Alticor Selects Kyriba's Treasury Management Solution

Alticor, a direct selling company with subsidiaries Amway International and Amway Corp, has selected Kyriba’s software-as-a-service (SaaS) platform to fulfil its treasury management automation requirements. The Kyriba solution will be globally deployed across Amway’s more than 50 affiliates, and will be managed and hosted by Kyriba.

Geoffrey Carpenter, vice president and treasurer for Alticor, said: “Kyriba’s global reach, combined with its system’s functional breadth and controls, were the basis for our selection. We will connect directly to over 200 banks worldwide and deploy the multi-lingual, multi-currency platform across all of our affiliates. Kyriba’s SaaS model will enable our 100 plus users to access the mission critical information more efficiently than if we were to install a system and support it ourselves. We appreciate the user-friendly interface and intuitive workflow Kyriba provides.”

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