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Cegid - Investor › Pres release › Cegid and Kyriba enter a strategic partnership to distribute Cegid Tréso On Demand

Cegid and Kyriba enter a strategic partnership to distribute Cegid Tréso On Demand

Cegid and Kyriba join forces to respond to the growing needs of companies in cash management and in adjusting to changes in bank communication standards.

Cegid, France's leading enterprise software company, and Kyriba, market leader in on-demand cash management application services via the internet, have signed an agreement to distribute the Cegid Tréso On Demand solution.

Optimized to provide a full response to the needs of Cegid's customers and prospects, the Cegid Tréso On Demand is available in SaaS mode and covers the full range of cash, financing, investment and payment management, as well as ledger reconciliation. It also imports forecasts from Cegid's accounting solutions or from other accounting programs.

Reliable and secure, Cegid Tréso On Demand will be available immediately. It is designed as a turnkey solution and adapts to the user company's needs as they evolve, in terms of both functionality and number of users.

Using the software in SaaS mode frees the enterprise from IT constraints and offers flexibility and mobility, essential elements for daily optimization of cash flow.

This partnership is right in line with Cegid's strategy to offer a package of services around its solutions. It will draw on the growing SaaS trend and evolving bank communications standards and help Cegid in its efforts to develop an ecosystem around its products and services.
 

About Kyriba www.kyriba.com

Kyriba is the market leader in on-demand cash management application services via the internet. Our SaaS (Software as a Service) solution is very competitively priced and the wealth of functions it offers give our customers control of their bank balances, forecasts, intragroup accounts and treasury instruments.

Founded in 2000, with offices in San Diego, New York, Paris, Milan, Hong Kong and Rio de Janeiro, Kyriba serves a global client base across more than 7,000 corporate treasuries, insurance companies and financial institutions.
Kyriba is a private company, whose investors include GRP Partners, BRED Banque Populaire and Coface.

Kyriba won Financial-i magazine's award for the most innovative "cash forecasting" solution in 2007 and 2008.

Cegid in brief - www.cegid.fr

The leading developer of management software in France with annual sales of €248 million in 2009, Cegid counts more than 2,000 employees and 350,000 users in France and abroad. With branch offices in Paris, New York, Barcelona, Madrid, Milan, London, Casablanca, Shenzhen, Tokyo and Singapore, Cegid also relies on distribution agreements throughout the world in order to support its customers in their international growth.

Creator of solutions dedicated to enterprise performance and growth, Cegid has built its know-how on "business-specific" (retail, manufacturing, hospitality, services, wholesale, CPAs, public sector) and "functional" expertise (accounting and fixed asset management, taxes, financial management and reporting, and HR/payroll management). Cegid's products are tailored to businesses and public institutions of all sizes and are also available in "On Demand" (SaaS) mode.

With technologies that integrate naturally and meet users' industry-specific requirements, Cegid opens a new dimension in information technology: the creation of value for enterprises and those contributing to their growth.

Listed since 1986 - Euronext Paris Compartment C
ISIN stock code: FR0000124703 - Reuters : CEGI.PA - Bloomberg : CGD FP - ICB : 9537 Software
Indices : Small 90, Mid and Small 190, ITCAC and SBF 250

Press Contacts

i&e CONSULTANTS – Cegid Press Group – +33(0)1 56 03 13 39 – cegid.presse@i-e.fr
Cegid : Isabelle EMERARD – +33(0)4 26 29 52 39 – i.emerard@cegid.fr

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