Finance of America PT.2

Elire was engaged for this project as the recommended partner from Kyriba due to extensive experience in Kyriba TMS implementations and also Elire’s knowledge of the mortgage industry. Finance of America also has a significant presence in Minneapolis, the location of Elire’s headquarters (read Elire and Kyriba’s Finance of America Success Story part one here). As a part of the implementation, FAH incorporated manual and automatic payment templates to allow users efficient and effortless payment activities in their daily use. Elire incorporated the user permissions sewn into the Payment template to allow department restrictions based on debitable and creditable accounts. The Elire Team implemented the Kyriba Banking Module, Cash Module, and Bank Account Management to automate FAH’s treasury processes. Kyriba TMS became FAH’s treasury “home” where anything to do with banking and treasury was handled within Kyriba.

Elire was also engaged for a second phase that has the goal of setting up a custom integration from a 3rd party to allow them to send payments via the Kyriba connection.