Kyriba vs Panax
Kyriba
kyriba.com
Panax
panax.comSide by side
| Figure | Kyriba | Panax |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Plans published | 2 | 3 |
| Spec score · Treasury Management Software | 8.0 (#5) | 6.9 (#17) |
| Bank connectivity | Kyriba says it connects to more than 10,000 banks using APIs, host-to-host connections and SWIFT. | Bank connections can use API, SWIFT, traditional, advanced, or bespoke methods, depending on the bank and customer. |
| Cash visibility | The platform provides real-time visibility into cash positions, transactions, and liquidity. | Panax consolidates cash data from global bank accounts and payment wallets into a view of available cash. |
| Forecasting | Its forecasting features cover cash, liquidity, and exposures, and are described as AI-powered and customizable. | Cash forecasts use historical transaction data, trends, seasonal patterns, user-defined assumptions, and AI algorithms. |
| Security | Kyriba’s Trust Center lists ISO 27001 certification, SOC 1, SOC 2, and SOC 3 Type II reports, and TISAX certification. | Panax says it completed a SOC 2 Type II audit and encrypts data at rest and in transit. |
Plans
Panax
- Panax GrowPriced on request
- Panax ProPriced on request
- Panax StartPriced on request
In their own words
Kyriba
Kyriba is a treasury platform for organizations that need to monitor cash and liquidity, automate treasury work, and link financial systems. It shows cash positions, transactions, and liquidity in real time, and automates payments, reconciliation, and reporting. Forecasting covers cash, liquidity, and exposures, with customizable AI-powered features. Working-capital tools include early payment financing, supply chain finance, dynamic discounting, and receivables finance. Kyriba says it connects to more than 9,900 banks, ERPs, payment, and treasury systems, and lists connectors for SAP, Oracle Cloud, NetSuite, Microsoft Dynamics 365, and Workday. App Studio supports building and managing data workflows with external systems. Kyriba Mobile offers payment approval, analytics, reporting, and task management on iPhone, iPad, and Android devices, with two-factor authentication, single sign-on, and biometric login. The platform is available on Android, iOS, web, and API. Kyriba was founded in 2000 and is headquartered in San Diego, California. Pricing is on request; the treasury page invites prospective customers to request a demo.
Panax
Panax is a web-based AI cash management platform for lean finance teams with complex treasury operations. It consolidates cash data from global bank accounts and payment wallets into a view of available cash, and supports single, intercompany, and bulk payments through connected banks. Payment workflows can include policy-based approvals and reconciliation. Panax AI categorizes transactions, assists with accounts receivable matching, and supports cash forecasting. Forecasts draw on historical transaction data, trends, seasonal patterns, user-defined assumptions, and AI algorithms. Cash reports cover bridges, historical balances, direct cash, trends, and collections, with Excel and PDF export. Panax says it connects to over 10,000 global banks and to almost every ERP; it names AirWallex, PayPal, Stripe, MESH, Payoneer, NetSuite, Microsoft Dynamics, Priority, Sage Intacct, and QuickBooks among its connections. Bank connection methods vary by bank and customer. Pricing requires a yearly contract and depends on connected banks, platforms, ERPs, and connection complexity. Panax says onboarding generally takes from a couple of weeks to a couple of months.