This document discusses building a smart, secure payments hub to digitize payment workflows. It covers: 1) What a payment hub is and how it can connect ERP systems to banks through a centralized platform for sending and receiving payments. 2) The key drivers behind building a payments hub such as cost savings, increased efficiency, visibility and stability compared to custom bank integrations. 3) How a payments hub provider like Kyriba offers a bank connectivity platform that supports over 1,000 banks through pre-configured payment formats and global monitoring to simplify integrations.

1. Bu ild a Sm a rt ,
Secu re Pa ym en t s
Hu b:
Digit izing you r
pa ym en t s workflow

2. Stephen Otwell
Director, Payments and
Connectivity, Kyriba
Chris Leininger
Senior Consultant, Elire Inc.
Debra Grillo
Assistant Treasurer,
International Seaways, Inc.
In t rodu ct ion s

3. About Elire
200+ Clients
40+ Fortune 500
Clients
• Established in 2005, celebrating 16+ years of business
• We help our clients succeed by partnering with them to efficiently
implement, integrate, and upgrade their software investments
• We provide strategic guidance to assist with best practice core business
process improvement and we specialize in helping unlock the potential
of software investments
• A deep commitment to excellence and quality is one our Core Values
• A trusted advisor to our clients and thought leader in the industry
• Recognized Kyriba Platinum Partner

4. What is a payment hub?
Drivers Behind Paym ents Transform ation
Bank Agility Platform
Cost Considerations
Payment Fraud & Security
Implementation Considerations
Digital Transformation
Q&A
AGENDA

5. Wh a t is a Pa ym en t
Hu b?

6. Enterprise Connectivity and Payment Complexity

7. Payment Receipts and Cash Reports (BAI, MTx) pushed back to ERP
Single Payment File from ERP – transformed to Bank specs
Kyriba Payment Network
9
API /
SFTP /
SWIFT
API /
SFTP

8. Drivers Beh in d
Bu ildin g a Pa ym en t s Hu b

9. Key Drivers
Cost Time Stability Visibility Centralized
Approach
Cutting -edge
Technology

10. Drivers - 2025 Trends
• 70% of IT functions will be automated via APIs and AI
• 80% of all enterprise workloads will move to the Cloud
• 85% of customer interactions will be automated via RPAs, APIs, and AI
• 90% of enterprises will use an SSO with MFA (single identity platform + multi -factor
authentication) that bridges on -premise applications and the cloud
• 100x increase in Security-related events…
m aking AI/Machine Learning autom ation critical
• 10% of worldwide GDP by 2027 to be stored using Blockchain (est. by World Econom ic Forum )

11. Key Drivers
• Many ERPs have decided not to build/support own bank connectivity platform due to cost
and com plexity
• Corporates then develop their own solutions for each bank’s specific requirem ents at a very
high TCO
• Vendor outbound paym ent services are “in the Cloud” providing staff remote access globally
• No “on -premise” internal IT costs in your organization to develop custom paym ent form ats
• Many bank protocols are supported --FTP, Host2Host, SWIFT, one-off Regional Protocols

12. Ba n k Agilit y Pla t form

13. Bank Connectivity -as-a-Service (BCaaS)
1,000+ configured, tested, and
active bank connections for plug -
and -play ERP connectivity
Average bank setup of 12
hours vs 500+ hours for ERP
Library of developed
and tested global
payment formats
Fully outsourced connectivity
service, no client internal IT
resources required
No internal SWIFT domain
expertise or annual
certifications/testing
required
Largest Corporate SWIFT Service's
Bureau globally - 20% of SWIFT
Corporate runs through Kyriba
API, FTP, SWIFT, Regional Protocols

14. 3 Global Command Centers
(San Diego, Paris, Tokyo)
1,000+ Banks Connected and
monitored 24/7
110 Initiating Countries
195 Receiving Countries
35M Transactions a day run
through Kyriba
24 / 7 Global Bank Monitoring

15. Traditional
ERP
Payment
Development
Example:
Transfer, non -urgent, from Citibank HK to
Barclays Ireland, with FX, in XML Pain .001.001.03

16. Kyriba Client Shared Payment Format Library
45,000+ off the shared shelf formats
• 20 Years in development – full time staff of 7+
• Single payment file from the 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 – client has no
access
• No client IT resources required – Kyriba manages
all bank communications and testing

17. Cost Con sidera t ion s

18. Development Costs

19. Maintenance Costs

20. Kyriba Payment Networks ROI

21. Kyriba.com Copyright © 2019 Kyriba Corp. All rights reserved.
Custom Developed
ERP Bank
Integrations
Kyriba Connectivity
Network
Time to Integrate 1
new Bank
*Average 500 -1,000
Hours
12 Hours
Average Integration
Cost Per Bank
*$60,000 -$200,000 $2,400
Annual Support of
Bank Connections
~1 - IT FTE per 10-20
Banks
$3k/year subscription
per bank
Capacity to add
banks in a year
10-15 banks a year 50+ banks a year
ROI – Kyriba Connectivity Network vs ERP
*Depending on bank complexity,
internal teams and bill rate
Itemized Cost and Time
Comparisons
Actual Customer Analysis 5 Year TCO – 50 Banks: ~$3M Direct Cost
Reduction and 1 -year Implementation vs 4.6 Years
4.6 Years
12
Months
$4,5000,000

22. Fra u d & Secu rit y

23. Kyriba Fraud and Compliance
Sanction List Screening
Fraud Detection
Fraud Detection is managed on two workflows:
Customizable Risk rules
Machine Learning model
Detect payments not
compliant with sanction
lists, powered by:
Fully integrated solution, with sanction
lists automatically updated daily
Proactive check to avoid frozen
funds, fines, reputation damage

24. Kyriba.com Copyright © 2021 Kyriba Corp. All rights reserved. | Proprietary & Confidential
Fraud Risk Scoring
Each fraud alert gets a risk score based on
severity.
• The scoring settings are configurable
based on payment
type/country/counterparty/etc.
Alerts can be defined as “Informational” for
alerts that are lower risk, as well as
“Stopped” for high risk alerts.
KPI’s are defined to highlight overall
performance.
The scoring and severity will be
communicated back to SAP.

25. Im plem en t a t ion
Con sidera t ion s

26. Implementation Challenges

27. Implementation Business Case

28. Digit a l Tra n sform a t ion

29. Cost Reduction
and
Predictability
Speed and On -
Going
Flexibility
Fraud Detection
Bank Grade
Security
Contractual
Business
Continuity
All Inclusive Product &
Service Based Offering

30. kyriba.com
1-855-KYRIBA-0
treasury@kyriba.com
4435 Eastgate Mall,
Suite 200
San Diego, CA 92121
Copyright © 2021 Kyriba Corp. All rights reserved.
Thank You!
To contact Elire :
(612) 486 - 4220
sales@elire.com