How a Payment Factory can help reduce the cost of your ERP cloud migration

How a Payment Factory can help
reduce the cost of your ERP cloud
migration
May 7th, 2020

Kyriba.com Copyright © 2020 Kyriba Corp. All rights reserved.
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Session overview
T O D AY ’ S C O N V E R S AT I O N
Introduction and
context setting
The value of
payment hubs
Kyriba solutions to
enable the value
How and when to
deploy a payments hub
Understanding the
concept of a payment hub
in today’s environment
Discuss and identify the
value of a payment hub
and when it makes sense
to consider one
Share perspectives on
how to think about the
implementation of a hub
solution
Introduce Kyriba’s
payment hub capabilities
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Matthew Hollander
Deloitte & Touche
Risk and Financial Advisory
Niklas Bergentoft
Deloitte & Touche
Risk and Financial Advisory
Speaker introductions
Steven Otwell
Kyriba
3

T H I R V E
Navigating today’s environment for tomorrow
C O M M O N I M P A C T S T O C O R P O R A T I O N S I N
T O D A Y ’ S E N V I R O N M E N T
P O S T - C R I S I S T R A N S F O R M A T I O N
H Y P O T H E S I S
Navigating drastically different cashflow performance, reduced earnings
while at the same time addressing capacity constraints in a time of
heightened financial, cyber and health risk.
As organizations are responding to the current situation and starting to
recover, there are transformation opportunities that will allow for improved
capabilities and reduced infrastructure cost required to navigate similar
situations in the future with less business and people impact
R E S P O N D
RECOVER
&
PLAN FOR POST-CRISIS
TRANSFORMATION
Drastically
different
cashflow
performance
Increase in
cybercrime and
payment fraud
attempts
Cost
reductions
Improved and
integrated
liquidity
solutions
(cash, forecast,
levers)
Advanced
Scenario
Analysis Optimized
security and
control of liquidity
outflows
Strengthening
USD, financing
and concerns
over covenant
compliance
Business
continuity and
remote work
capability
Enhanced
digital
capabilities
Cost
reductions
Potential payment hub impacts
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Making the case for a payment hub
• A payment and statements hub acts as a centralized
and secure hub for sending and receiving payments,
payment confirmations and bank statement
messages to banks.
• The “hub” is relevant for any organization with multiple
bank relationships as the organization:
A. Reduce total cost of ownership of financial systems and bank
integration
B. Increase payment security
C. Embark on an ERP project
D. Integrate acquired entities
E. Seek to reduce bank fees
• Benefits include accelerated bank integration and
onboarding, reduce bank integration cost, reduced bank
fees, reduced maintenance cost, reduce payment fraud
risk and increased visibility
Point to Point Integration
A “hub” integration
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The value of a payment/statement hub
Kyriba Payment
Network ROI vs
ERP
•Cost for single bank FTP connection & 1 payment format via
coded on ERP: 500+ Hours
•Cost for single bank FTP connection & 1 payment format via
Kyriba: 12 Hours
Development and Testing Cost:
•ERP Timeline (development, test, test, test, QA, production) –
12+ months
•Kyriba Timeline (map in customer environment) – 2-3 weeks
Timeline to Production:
•ERP: $10k - $20K/year
•Kyriba: $2,400/year
Annual Maintenance Cost:
*ERP and Kyriba estimates are based on Kyriba prior project experience
• The client value of leveraging a
payment/statement hub includes:
• Accelerated bank integration for our ERP
deployments
• Reduced implementation cost for clients
• Reduced cost of maintenance
• Increased payment fraud detection
capabilities
• Reduced bank fees
• Payment intelligence
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Case Study #1
How our approach leads to
accelerated growth
$10bn Manufacturing Company
Case study: Migration of multiple ERP into Oracle Cloud
C O N T E X T :
• $10bn manufacturing company consolidating ERP solutions for cost
reduction and finance transformation.
S O L U T I O N S I M P L E M E N T E D :
• Connectivity as a Service
• Payment Factory
• Payment Fraud
• SWIFT Service Bureau
R E S U L T S :
• 85% reduction in cost and time vs development ERP
• IT free to work on ERP project
• Business no longer dependent on IT for bank management
• Payment Fraud protection across the enterprise
• White Glove Bank connectivity vs Internal AL2 management
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Introducing Kyriba’s connectivity as a service
Kyriba runs the world’s largest Bank Connectivity
service
• 550+ configured and tested bank connections for
plug & play ERP connectivity
• 24/7 monitoring of bank connection for the client
• Library of developed and tested global payment
formats
• Fully outsourced connectivity service, no client
internal resources required
• FTP, Host2Host, SWIFT, Regional Protocols
• Largest Corporate SWIFT Service's Bureau globally -
20% of SWIFT Corporate runs through Kyriba
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Kyriba payment formats as a service
Traditional ERP Payment Format Development
Kyriba Payment Network
40,000+ off the shelf payment format
scenarios
• Single payment file from ERP, Kyriba interprets
and transforms all payments to approved
format per bank
• Payment Formats are shared across multi-tenant
architecture
• Ongoing maintenance of all formats
• Formats are productized under SLA
• No client IT resources required
• Governed under SOC 1 and SOC 2
ERP
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Real time payment fraud detection
• 74% of corporations experience
payment fraud on a regular basis. 92%
of those organizations say that
payment fraud on average cost 0.5% of
the company’s revenue.
• Real time payment fraud detection
rules within Kyriba allows organizations
to be alerted of potential payment
fraud
• Fraud detection based on history as
well as new events.
Real time payment fraud detection to gain
control over payments
Sanction List Screening
Fraud Detection
Detect supicious payments that may be fraudulent
thanks to:
Client
customizable
rules
Machine Learning
model, available out-of-
the-box
A Centralized cockpit to detect potential fraud and compliance
breach in real time, before it happens and analyze them
seamlessly.
Detect payments not compliant
with sanction lists:
Fully integrated solution,
sanction lists
automatically updated
daily
Proactive check to
avoid frozen funds,
fines, reputation
damage
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Payment intelligence
• Payment intelligence will not only help you
monitor payment volume and patterns but
gives you opportunities to reduce payment
related cost
• Support bank relationship management
• Kyriba Smart Pay
Payment intelligence helps users of the
payment hub implement optimal payment
strategies
Payments BI
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Case Study #2
How our approach leads to
accelerated growth
$32bn Manufacturing Company
Case study: Migration of multiple ERP into single ERP
C O N T E X T :
• $32bn manufacturing company consolidating ERP solutions
for cost reduction and finance transformation.
S O L U T I O N S I M P L E M E N T E D :
• Connectivity as a Service
• Payment Factory
• Payment Fraud
• SWIFT Service Bureau and FTP Connections
• Multibank reporting
R E S U L T S :
• 60% reduced cost of implementation
• $4.2m of reduced bank system run cost
• Less IT dependency to complete project
• Reduced implementation timeline of RTR, PTP and financials
by 14 months
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Expedite ERP Cloud - Safer, Quicker,
Migration Cost Reduction
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Global Bank Connectivity – Kyriba runs the largest corporate bank connectivity hub in the
world. With 10,000+ established and tested bank connections. This saves significant amount
of time and cost.
Payment Format Library – Kyriba’s multi tenant architecture allows our clients to share our
Payment Format Library of over 40,000 pre-developed and bank tested formats. What can
take years in development and testing under a Oracle solution can be cut into a fraction of time
by deploying Oracle payments across the Kyriba Payment Format Library.
Real Time Fraud – Kyriba Payments is the only solution to monitor all payments across the
enterprise for anomalies in real time using machine learning and AI providing real time alerts to
flag and investigate suspicious payments before they are pushed to the banks.
ERP Cloud Project Cost Savings – Kyriba Payments will save time and money on your ERP Cloud
migration project. Customers are implementing Kyriba Payment to allow the team to stay
focused on the core ERP project and allow for a prebuilt bank connectivity and payment
solution to bolt on to the ERP as opposed to developing from the ground up.
The payment hub - safer, quicker, and lower cost

The Road Ahead
0. Current State
▪ Assess the business case and
applicability – payment hubs has a
multi-faceted value proposition.
1. Plan deployment based on “readiness”
▪ Develop your deployment plan
and roadmap based on
business, system and bank
readiness.
2. Deploy capabilities for pilot systems
▪ Build MVP or pilot for each desired
capability
▪ Deploy by system starting with a pilot
▪ Develop training programs and benefit
realization tracking
5. Memorialize the
deployment and enable
future growth
▪ Operate
▪ Measure benefits
▪ Create playbook for
future bank or system
onboarding to support
business changes and
acquisitions
We are here!
▪ Deploy based on system/nosiness
readiness
▪ Prioritize based on bank readiness
to deliver desired capabilities
▪ Rigorous management cadence
across system owners and banks
for stay on track
3. Deploy across payment origination
systems and banks
MVP and Pilot
Roll out business by
business or system by
system
Operate and memorialize
though playbook
Deployment
plan
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Questions and answers
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How a Payment Factory can help reduce the cost of your ERP cloud migration

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