TAI: Kyriba's artificial intelligence reassures CFOs and treasurers

TAI is an intelligent AI assistant, integrated into Kyriba's software, designed to help companies manage their cash flow and payments. It analyzes financial data in real time to provide cash flow recommendations, anticipate cash flows, detect risks and monitor payment status. What makes TAI innovative is that it operates entirely within the company's secure environment, without exporting data to a third party, while remaining transparent. Users have clear access to TAI's method and reasoning steps. Kyriba relies on this agent to make faster, safer and better-managed financial decisions, without compromising confidentiality. The US company is directly addressing the so-called "Trust Gap" - the growing gap between the promise of AI-driven financial transformation and fears about security and privacy.

A recent Kyriba survey highlights that it has been able to address concerns and offer an innovative solution. The survey, conducted among CFOs and treasury managers in the US, UK, France and Japan shows that, while 53% see AI as the major change in their function over the next five years, 76% express concerns about security or privacy risks that could compromise their organization's financial health. "While many are rushing to offer "autonomous" finance solutions, we're really listening to what executives expect: adopting AI should never come at the expense of security, control or risk management standards in finance and treasury. As companies continue to evolve in an uncertain economic environment, TAI has been designed to optimize liquidity performance through agile, data-driven analysis - while guaranteeing data integrity, transparency and sovereignty," says Melissa Di Donato, CEO of Kyriba.

Kyriba enables companies worldwide to maximize their growth opportunities, protect themselves against fraud losses, and reduce risks and costs thanks to a high level of automation.