For CFOs and Treasurers who have modernized the majority of their payment operations, paper checks remain the last costly gap. Now there is a practical way to close it. The new service helps finance teams convert residual paper payments to electronic delivery, reduce payment costs and generate incremental rebate revenue without changing existing banks, payment providers, or AP workflows.
Kyriba, the global leader in liquidity performance, announced the integration of Viewpost Check Optimization as an embedded service within Kyriba. The service will help finance teams convert remaining paper check payments to electronic alternatives while preserving existing banking relationships, treasury operations, and AP workflows.
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What this means for CFOs and Treasurers:
- Reduces the remaining paper checks that continue to drive printing, postage, reissuance, reconciliation, and escheatment costs
- Converts more supplier payments to electronic delivery without changing AP workflows, banking relationships, or payment providers
- Creates opportunities to generate incremental rebate revenue from payments that historically produced no financial return
- Activates through Kyriba with minimal effort and no custom technology project
- Preserves existing treasury operations while accelerating payment modernization
“Many of our customers have already transformed most of their payment operations, yet paper checks continue to represent unnecessary cost and risk,” said Bruno Ferreira, Chief Revenue Officer. “Our partnership with Viewpost gives them a practical way to address one of the last remaining barriers to payment modernization, using the infrastructure they already trust. It’s another example of how Kyriba extends value with solutions that deliver measurable financial impact.”
“Large enterprises have already modernized most of their payment operations. The remaining challenge is not the ability to process electronic payments; it is reaching and enabling the suppliers that are still being paid by check,” said Max Eliscu, CEO of Viewpost. “Together with Kyriba, we have given finance teams a practical way to close that gap, converting residual checks to electronic payments while preserving the banks, payment providers, and AP workflows they already rely on.”
Despite significant investments in payment modernization, many enterprise organizations continue to rely on paper checks for a portion of their supplier payments, creating unnecessary cost, fraud exposure, and operational complexity. By activating Check Optimization, eligible payments that would otherwise be printed and mailed can be converted to electronic delivery based on supplier enrollment and payment preferences. Viewpost manages supplier outreach, enrollment, and payment optimization, helping customers continuously reduce the number of paper checks they issue.
As a leader in optimizing residual check payments, Viewpost helps many of the world’s largest organizations convert paper checks into electronic payments without requiring changes to banking relationships or payment operations.
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