Kyriba Report Finds Corporate Liquidity Increases to $3.5 Trillion, a Year-Over-Year increase of $180 Billion
Kyriba, the global leader in liquidity performance, today unveiled the first-of-its-kind Corporate Liquidity Performance Report, which found that corporate liquidity health increased to nearly $3.5 Trillion by the end of 2023, which is a year-over-year increase of $180 Billion compared to 2022.
- Kyriba, the global leader in liquidity performance, today unveiled the first-of-its-kind Corporate Liquidity Performance Report, which found that corporate liquidity health increased to nearly $3.5 Trillion by the end of 2023, which is a year-over-year increase of $180 Billion compared to 2022.
- Highlights from the April 2024 Corporate Liquidity Performance Report include:
Corporate Liquidity for US companies was $3.46 Trillion at the end of 2023, a year over year increase of $180 Billion. - The report found:
Companies using Kyriba exceed the Short-Term Liquidity Index by an average of 6%, or $12 million per $1 Billion in annual revenue. - Kyriba attributes these observations to improved capabilities to connect, protect, forecast and optimize liquidity enabled by Kyriba’s Liquidity Performance Platform.