Kyriba Lands New Deal with Saudi German Health

SAUDI – Kyriba, the global leader in liquidity performance, announced it signed the Saudi German Health (SGH), a leading healthcare group in the Middle East and North Africa (MENA) region as a new customer. Kyriba will help to automate the group's treasury management processes, enhance the security and efficiency of its financial transactions and enable SGH to better manage its overall liquidity performance.

“We are excited to welcome  Saudi German Health as one of our customers,” said Amer Chebaro, Sales Leader, CEMEA, Kyriba. “Saudi Arabia and the Middle East continue to be an important market for us and this announcement reinforces our commitment to providing secure, effective solutions and showcases our capability to cater to large, influential clients in the healthcare sector.”

Kyriba is able to support the highest data volumes - from integration of bank statements, processing and reconciliation of cash flows to the generation and transmission of payments - which is critical for the Saudi German Health. 

Designed to protect CFOs’ balance sheets, income statements and cash flows against currency, commodity and interest rate impacts, Kyriba will provide SGH with a more secure, streamlined, and controlled management of financial transactions, reducing the risk of errors and fraud. By automating complex treasury processes, the company will have the opportunity to achieve greater accuracy and efficiency.

“By adopting Kyriba, we’re setting a new standard for financial operations in the healthcare industry,” said Dr. Ahmed Shebl, Chief Executive Officer, Saudi German Health. “This move not only underscores our commitment to innovation and excellence but also highlights the growing trend of digitalization in the region's healthcare sector. More importantly, it embodies our ethos of ‘Caring like Family,’ ensuring that we approach every aspect of our operations with the same compassion and dedication we would extend to our own loved ones, while also fostering sustainability through cutting-edge digital finance technology.”

To learn more about how Kyriba innovates for its customers, take a look at our client success stories. 

 

About Kyriba Corp.
Kyriba is a global leader in liquidity performance that empowers CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity. As a secure and scalable SaaS solution, Kyriba brings intelligence and financial automation that enables companies and banks of all sizes to improve their financial performance and increase operational efficiency. Kyriba’s real-time data and AI-empowered tools empower its close to 3,000 customers worldwide to quantify exposures, project cash and liquidity, and take action to protect balance sheets, income statements and cash flows. Kyriba manages more than 3 billion bank transactions and $15 trillion in payments annually and gives customers complete visibility and actionability, so they can optimize and fully harness liquidity across the enterprise and outperform their business strategy.

 

About Saudi German Health
Building on a long legacy as medical pioneers in the Kingdom, Saudi German Health was founded by the Batterjee family and has become one of the leading private healthcare providers across the Middle East and North Africa. 

Stretching across the MENA region, with a vast network of existing and upcoming hospitals and clinics across Saudi Arabia, UAE, Yemen, Egypt, Morocco and Pakistan, Saudi German Health is a pillar in countless communities, providing comprehensive and holistic care and exceptional service to millions of patients each year. 

Under the umbrella of Saudi German Health are prominent brands such as Saudi German Hospital, Saudi German Clinics, Beverly Clinics, Saudi German Pharmacy, and Saudi German Academy. Together, these brands offer a comprehensive and holistic approach to healthcare delivering on Saudi German Health’s ‘Caring like Family’ promise.

The ‘German’ in Saudi German Health has emerged from its foundational association since 1988 with German university hospitals to bring German healthcare standards to the region. By bringing together a talented team of highly qualified and experienced healthcare professionals, state-of-the-art technologies, empathetic patient experience, and the highest international standards and practices, Saudi German Health is well-known for driving positive development and transforming the healthcare sector in the region from the very beginning.

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Contact:
Natalie Paffmann
Director, Public Relations & Media
pr@kyriba.com