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The Boler Company Selects Kyriba for their Cash and Treasury Management Solution

Kyriba Corporation, the innovator and leader of web-based cash and treasury management solutions, announced today that The Boler Company has selected Kyriba’s real-time, on-demand cash and treasury management solution for their global treasury management needs.

The Boler Company Selects Kyriba for their Cash and Treasury Management Solution
The Boler Company, through its Hendrickson operations is one of the largest global suppliers of truck and tractor suspensions, trailer suspensions, truck and trailer lift axles, springs and bumpers to the commercial transportation industry. Hendrickson has been meeting the needs of the transportation industry for more than 90 years.

"Kyriba’s web-based solution offers us an easy to use yet comprehensive tool for managing our treasury operations," stated Michael Boler, Vice President and Assistant Treasurer for The Boler Company. “We are particularly pleased with Kyriba’s Cash Positioning and Forecasting capabilities, and look forward to implementing the solution globally.”

Scott Montigelli, Vice President of Business Development for Kyriba Corporation, stated, “Kyriba is proud to be working with such a reputable manufacturing company like The Boler Company. Our Internet-deployed treasury workstation is a perfect fit for domestic and multi-national companies looking to streamline their treasury management processes and get real-time access to their cash positions locally, regionally, and/or globally.”

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.

About Kyriba Corporation
Founded in 2000, Kyriba Corporation empowers customers to achieve an economic advantage with treasury solutions that enhance visibility and operational control. Corporate clients include Interpublic Group of Companies, Liz Claiborne, ExpressJet, Kronos, Colas S.A., Ferrero and Peugeot. As a market leader in real-time, web-based on-demand Cash Management solutions, Kyriba’s affordable tools and services put customers in control of their liquidity, forecasting and treasury management while meeting Sarbanes-Oxley 404 audit trail workflow and control requirements. The company has North American headquarters in San Diego, CA and European headquarters in Paris, France.

About The Boler Company
The Boler Company, through its operating company Hendrickson, is a global manufacturer and supplier of truck and tractor suspensions; trailer suspensions, controls and loose axles; truck and trailer lift axles; bumpers and trim components, and truck, tractor and trailer springs to the commercial transportation industry.


Mercredi 5 Décembre 2007

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