Kyriba, a global company in liquidity performance, formed a partnership with Riyadh Air, an international airline owned by PIF. The partnership is designed to enable Riyadh Air to automate and streamline its treasury management processes.
Through Kyriba’s end-to-end SaaS treasury management solution, Riyadh Air will leverage AI, machine learning and API capabilities with the goal of gaining full control over financial operations, strengthening bank relationships and enhancing decision-making processes.
“We are thrilled to partner with Riyadh Air, a visionary leader in the Middle Eastern aviation industry,” Amer Chebaro, sales leader, CEMEA of Kyriba, said. “This collaboration showcases Kyriba’s strength in delivering comprehensive, scalable solutions that meet the demands of high-growth organizations. Together, we’re advancing treasury management standards in the aviation industry, providing Riyadh Air with the tools needed to achieve their ambitious goals.”
“As Riyadh Air continues to expand and transform the aviation landscape, automating our treasury management process is a critical milestone,” Daniel Tromans, group treasurer of Riyadh Air, said. “Kyriba’s advanced technology and deep expertise in financial automation provide us with the capabilities to enhance efficiency and deliver on our vision of global leadership in aviation.”
