Connectivity - Current Solutions & Workarounds¶

Tools & Systems¶

What it is: Web interfaces provided by each bank
How they use it: Log in each morning to check balances, especially main banks like UBS
Limitations: Manual, time-consuming, no consolidation
Used by: On

What it is: BI dashboard showing cash by currency from ERP data
How they use it: High-level visibility of cash positions
Limitations: Not real-time, depends on bank reconciliation, can't drill to bank account level
Used by: On

What it is: Treasury Management System with bank connectivity
How they use it: Planning implementation for consolidated bank view
Limitations: Complex implementation, need to build forecasting rules/mappings
Used by: On (in progress)

What it is: Payment hub specialized in fast bank connectivity
How they use it: Connecting to multiple banks quickly (~1 bank/month); creating centralized payment system; SFTP connection to Integrity TMS for logic layer
Limitations: Not a TMS itself - just payment/connectivity; doesn't have target balancing logic
Key insight: Faster than TMS-only approach for bank connectivity; chosen for speed when quick impact needed
Used by: Live Events (2025-04-01)

What it is: Reducing number of bank relationships while maintaining local capabilities
How they use it: Consolidating from 40+ banks to ~20; eventually aiming for global bank (HSBC/JPM/Barclays) with cash pooling
Limitations: Partnership requirements (festival sponsors who are banks); local banking needed for physical cash; KYC processes slow for migration
Used by: Live Events (2025-04-01)

What it is: Oracle ERP (PeopleSoft) integrated with Kyriba TMS
How they use it: Payments created in PeopleSoft flow through Kyriba; Treasury accounting goes back to PeopleSoft; only Treasury accounts reconciled in Kyriba
Limitations: Most bank accounts not reconciled in Kyriba; forecasting module can't pull data from ERP
Used by: IHG (2025-04-07)