CFOtech India - Technology news for CFOs & financial decision-makers
India
Kyriba adds Viewpost to cut residual cheque payments

Kyriba adds Viewpost to cut residual cheque payments

Wed, 12th Aug 2026 (Today)
Karen Joy Bacudo
KAREN JOY BACUDO Finance Editor

Kyriba has integrated Viewpost Check Optimisation into its platform to help finance teams shift remaining paper cheque payments to electronic methods.

The move addresses a persistent issue for many large companies: despite broader payment digitisation programmes, paper cheques still account for part of supplier payment flows.

The embedded service is aimed at chief financial officers and treasurers seeking to eliminate residual cheque use without changing existing banks, payment providers or accounts payable workflows. It can be activated through Kyriba without a custom technology project.

For finance teams, the challenge is often less about processing electronic payments than about reaching suppliers that still receive cheques. Under the new setup, payments that would otherwise be printed and mailed can instead be delivered electronically, where supplier enrolment and payment preferences allow.

Viewpost manages supplier outreach, enrolment and payment optimisation as part of the service. This allows customers to reduce cheque volumes over time while keeping existing treasury operations in place.

Residual costs

For large organisations, paper cheques can create a range of costs and operational burdens, including printing, postage, reissuance, reconciliation and escheatment. They can also increase fraud exposure and administrative complexity when a minority of payments remain outside digital processes.

Kyriba said the service could also generate rebate revenue from payments that previously produced no financial return. It presented this as a way for finance teams to improve the economics of supplier payments while addressing one of the last manual areas in payment operations.

Bruno Ferreira, Chief Revenue Officer at Kyriba, linked the move to demand from customers that have already digitised much of their payment activity.

"Many of our customers have already transformed most of their payment operations, yet paper checks continue to represent unnecessary cost and risk," said Bruno Ferreira, Chief Revenue Officer at Kyriba. "Our partnership with Viewpost gives them a practical way to address one of the last remaining barriers to payment modernisation, using the infrastructure they already trust. It's another example of how Kyriba extends value with solutions that deliver measurable financial impact."

Viewpost framed the partnership around supplier adoption rather than payment rails alone.

"Large enterprises have already modernized most of their payment operations. The remaining challenge is not the ability to process electronic payments; it is reaching and enabling the suppliers that are still being paid by check," said Max Eliscu, Chief Executive Officer at Viewpost. "Together with Kyriba, we have given finance teams a practical way to close that gap, converting residual checks to electronic payments while preserving the banks, payment providers, and AP workflows they already rely on."

Market focus

The partnership reflects a broader pattern in corporate finance: companies have modernised major payment flows but still struggle to eliminate paper entirely. Supplier preferences, legacy onboarding practices and fragmented payment arrangements often leave a residue of cheque use, even in organisations with advanced treasury systems.

By placing the service within Kyriba's existing environment, the two companies are targeting customers that want incremental change rather than replacing core banking or accounts payable infrastructure. That may appeal to treasury and finance leaders that have already invested heavily in payment systems and want to reduce manual processes without another large implementation.

Viewpost said its role is to convert business-to-business cheque payments into digital payments through its supplier network and optimisation engine. It works through partnerships with financial institutions and technology platforms, as well as directly with enterprise accounts payable teams.

Kyriba, which focuses on liquidity, treasury and payment software, said 4,000 customers use it and processes 3.6 billion bank transactions and USD $51 trillion in payments annually across 10,000 banks. Those figures indicate the scale of distribution available if customers adopt the new service.

The feature will be available through Kyriba later this year, adding a cheque conversion option for customers seeking to reduce the share of supplier payments still sent by post.