When Hilton Grand Vacations decided to migrate to Oracle Cloud ERP, they were prepared to try a 3rd party solution to reconnect to their more than 10 banks with 300+ accounts. Like most IT leaders, 91% of whom agree (according to a Pulse survey), connecting banks is one of the most complex aspects of an ERP project, the IT, treasury, and accounting teams were prepared for a potentially daunting task. Fortunately, they were implementing Kyriba in parallel to their Oracle Cloud migration, and realized Kyriba’s pre-established connections and formatting were the hotfix for maintaining their bank connectivity.
“Kyriba manages the communication of the banks, we don’t have to worry about formatting or anything. It’s our firewall between us and the banks,” according to Krishnan on Hilton’s IT Team. Hear more from Krishnan and the Hilton team, including:
- Why 53% of corporates use a 3rd party for connectivity
- Benefits of pre-established connections
- Treasury & accounting’s role in the process
- How to manage the project from IT/PMO
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Director of Payments, Kyriba
Director Capital Markets, Hilton Grand Vacations
Senior Manager, Financial Systems, Hilton Grand Vacations