Great Ajax Corp

Great Ajax Corp was acquired by Ellington Financial, a company that also used Kyriba. Ellington Financial required Great Ajax to export their data from their own Kyriba application to Ellington Financials’ Kyriba system. This was done in order to integrate the Great Ajax data into Ellington Financials’ ERP. Upon assessment, Elire and Great Ajax determined the data within their Kyriba application was incorrect due to broken connections between their bank and TMS. Elire was tasked with correcting four years’ worth of data and variances and migrating their data to their ERP. This involved removing incorrect transactions and sourcing correct transaction totals through the bank module, followed by troubleshooting the reason why transactions were not pushed through in the first place. 

In addition to data corrections and migration, Elire worked with Great Ajax to conduct bank statement variance analysis and resolution and cash flow ledger validation. Great Ajax needed to reconcile their cash position with their bank statements, so Elire filtered out all actuals that were created manually in the cash module and compared them against the bank statement actuals. Elire then neutralized transaction totals if needed. The team worked to integrate individual transactions to match their bank statement actuals with their cash position 1:1 for an accurate data export.