Kyriba debuts TAI to boost CFOs’ trust in safe finance AI

Kyriba has introduced an agentic artificial intelligence solution, TAI, designed to simplify financial workflows and address concerns around AI-driven transformation in finance operations.

TAI is powered by Kyriba's own embedded Large Language Model and leverages more than 20 years of global liquidity data. The solution aims to provide predictive analytics, streamline complex workflows, and support data-driven decision-making in areas such as treasury, payments, risk management, and working capital.

The AI solution is a central part of the Trusted AI portfolio, a platform-wide approach that emphasises data privacy while enabling enterprises to make faster, more informed decisions. Human judgement and responsibility are prioritised in this system.

Kyriba's latest CFO survey, which gathered responses from 1,000 CFOs, treasurers and senior financial decision-makers from companies in the US, UK, France, and Japan, highlights both the opportunities and risks perceived by finance leaders. The survey revealed that while 53% of CFOs believe AI will be the most significant transformation in their roles over the next five years, 76% are concerned that security or privacy risks could jeopardise their organisation's financial health.

"While many are racing to churn out 'autonomous' finance solutions, we're hearing what leaders are really saying: adopting AI shouldn't mean compromising on security, control, or risk standards in finance and treasury. As companies continue to face economic volatility, TAI was designed to optimise liquidity performance with nimble, data-driven insights – plus the assurance of integrity, visibility and ownership." Melissa Di Donato, Chair and Chief Executive Officer of Kyriba, commented on the company's approach. 

The company has engaged closely with enterprise customers and partners during TAI's pilot phase, providing opportunities for feedback and real-world testing. Attendees at Kyriba's annual customer conference, KyribaLive, were offered previews of the solution and its capabilities.

"While leveraging AI to realise greater efficiency is top of mind, the safety and security of our data is paramount. I appreciate seeing firsthand how Kyriba puts transparency and human oversight at the forefront. As a Co-Innovation Lab member, I am optimistic about TAI's potential to enhance our treasury and payment processes, and look forward to its continued evolution." Yoann Kremer, Systems & Projects Manager - Enterprise Liquidity Management at Sodexo, shared his perspective as a member of Kyriba's Co-Innovation Lab.

Other participants in the Co-Innovation Lab echoed the sentiment over trust in AI. Meaghan Downs, Senior Analyst, Global Payment Solutions at Koch, Inc., stated: "Trust is phenomenally important for us at this stage as a key pivot issue for AI adoption — being able to determine if the 'right' answer is a 'true' answer. Trust is critical right now in helping to build confidence."

Hemant Godhwani, Head of Corporate Finance & Treasury at Mews, commented on TAI's role in improving efficiency: "As a scale up, we are really nimble and agile and we want to be ahead of the trend. This was a great opportunity to see how we can integrate AI into the treasury workflows by automating the repetitive tasks and focusing our time on being more productive – allowing us to focus on the decisions that we need to make to take the company forward."

Kyriba plans to expand the Trusted AI portfolio further later this year, developing solutions such as Cash AI, Invoice AI, and Fraud Detection AI to support additional aspects of finance operations.

Kevin Permenter, IDC Senior Research Director, Financial Applications, described industry perceptions: "We're hearing loud and clear that finance leaders are excited about the potential of automation – but remain sceptical about oversight, ethics and workforce impact. Kyriba's agentic AI addresses these concerns head on with its embedded and compliant LLM approach designed to augment - not replace - human expertise, which I expect the market will welcome wholeheartedly."

Kyriba is making its agentic AI solution available for preview at various user events in different locations worldwide throughout the year.