1. Technology and treasury, the perfect combination Steve Bullock, vice president, Kyriba NOHAFP Annual Idea Exchange September 21, 2015

2. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 2 Technology? It’s just about process automation, right?

3. Automation of manual processes is the start of the journey, not the end.

4. How can technology improve treasury?

5. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 5 Add meaningful value throughout the business Productivity Financial controls Global visibility Effective financial decisions Treasury as a strategic partner

6. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 6 Drive improvements throughout the treasury process

7. Technology-based value drivers

8. It’s not just about giving you more time, it’s what you do with the time (and information).

9. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 9  Consolidation of positions, forecasts and exposures  Deliver confidence and accuracy for cash and liquidity projections (operational improvement)  Opportunity to optimize returns on excess cash  Enables better risk management practices o Reduced liquidity risk o Reduced financial risk (better FX exposure visibility) Increase global visibility

10. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 10  Bank Fee Analysis measures pricing ‘activity’ accuracy  In combination with other treasury data, can deliver: o Bank account usage vs. cost – for bank account optimization o Total cost of bank relationships, including trading costs (a.k.a. total revenue banks receive from you) o Spreading around banking business more evenly Streamline banking costs

11. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 11  Treasury is on the frontlines o Data security o Protect financial assets  Best practices: o Payment controls o Outsource data security (the cloud) o SOC1 and SOC2 Audit Reporting o Monitoring and reconciliations  Opportunity to be an example to rest of the organization Reduce exposure to cybercrime and fraud

12. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 12 Fraud Prevention and Detection DetectionPrevention  Bank account reconciliation  Sunset procedures  Application security  One-time password, IP filtering  Daily reconciliation  Reviewing daily bank transactions  Bank fee analysis  Data security  Encryption, penetration testing, audit certification  GL reconciliation  Monthly true-up of bank to ledger  Bank account management  Opening/closing, signatories  Task control center  File and task monitoring, approval of workflow changes  Payments  Approvals, limits, automation, authentication  Audit trails  Per transaction and system reporting  Financial transactions  Controls, limits, settlements

13. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 13  Assessing the impact to the entire business of: o Basel III / LCR o SEC Money Market Fund Reform o FBAR & FATCA  Effect is more than just regulatory compliance  What are the opportunities this presents for us?  How can we be proactive instead of reactive? Enhance regulation and compliance

14. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 14  Free Cash Flow often a KPI  Treasury determines liquidity and working capital needs  Creates opportunity to collaborate with other teams to affect payables, receivables o Payables Financing o Receivables financing or sale o Metrics to support inventory management Improve working capital

15. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 15  Treasury is key to M&A!  Treasurers can help: o Determine redundancies and cost savings in treasury / banking operations o Measure impact on credit ratings, borrowing capacity, financial exposures, regulatory compliance o Assess impact of currency/interest rates on price for and value of acquisition targets o Advise on ideal capital structure and availability of financing options to finance deal Drive M&A process

16. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 16  Treasury can advise how to grow the business o Treasury team structure – align financial team structure with global needs to support business o Market Expansion – identifying friendly markets for tax treatment and cash movement o Cash and liquidity deployment – collaborating with tax to optimize cash deployment/distribution o Payment strategies – Local payments, non-banking payment channels, mobile payments Business expansion

17. Real-world example: Delphi Automotive

18. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 18  M&A Cash Management – Identify Cash Needs Liquidity – Quickly identify and analyze available cash by region and by currency. Consolidation – Prepare for cash transactions or stock purchase payments. FX Risk – Assess and mitigate risk related to payment timing through the hedge process. Connectivity – Visibility to new account transactions and balances through SWIFT and FTP delivery. Improves timing and accuracy of cash position. Acquisition cash position – Analyze new business units cash needs to determine funding needs. Mergers and Acquisitions

19. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 19  M&A Cash Management – Bank and Account Management Bank Risk – Track and manage bank ratings for acquisition banks. Drive decisions to maintain or migrate accounts to existing banks. Signatories – Analyze and track new incoming accounts related to signors. Central repository for account documentation. Cost Reduction – Effectively analyze number of accounts and associated fees. Mergers and Acquisitions

20. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 20  Unit Sale and Discontinuing Operations – Segregation Activities Identify Accounts – Account settings and reference tags allow timely identification of related accounts and balances through reports. Division, Region, Business units etc. Signatories – Identify and communicate with bank signors for closing and transferring accounts. Cash Consolidation – Cash Position reporting help Identify and move account balances based on the terms of the agreement. Regulatory Issues –Address challenges associated with moving cash from regions with governmental restrictions. FX and Commodity Risk – Analyze and adjust risk strategy for divested entities. Divestitures

21. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 21  Unit Sale and Discontinuing Operations – Debt and Investment Financial Instruments – Tracking of financial instruments such as Bank Guarantees and Letters of credit linked to divesting entities. Intercompany Loans – Identify and Analyze loans for settlement or transfer. External Debt – Tracking and central repository for loan documentation. Divestitures

22. Technology won’t take away your job. Technology will take away the bits of your job that you don’t like as much.

23. © 2015 Kyriba Corp. All rights reserved. PROPRIETARY & CONFIDENTIAL. 23 Q&A 1-855-KYRIBA-0 sbullock@kyriba.com kyriba.com/blog twitter.com/kyribacorp linkedin.com/company/kyriba-corporation

24. Technology and treasury, the perfect combination Steve Bullock, vice president, Kyriba NOHAFP Annual Idea Exchange September 21, 2015