Finesse, a global AI solutions provider and a leading digital system integrator, partnered with ME Solaris Commodities, one of the Middle East’s largest grain traders, to centralize ME Solaris’s payment processes through Kyriba Treasury Management System (TMS). This collaboration addresses the long-standing challenge of payment decentralisation by delivering a unified, secure, and highly efficient payments ecosystem. The integrated solution combines bank and cash management with real-time visibility into global cash positions, while also streamlining payment capabilities and strengthening fraud protection. The implementation is designed to optimise ME Solaris’s payment flows, ensure secure transactions, and provide decision-makers with up-to-the-minute financial data across regions and currencies. The outcome positions ME Solaris to operate with heightened control, speed, and resilience in its treasury operations, aligning with its broader growth and risk-management objectives.
Partnership Overview and Objectives
The collaboration between Finesse and ME Solaris Commodities was initiated to reimagine how treasury operations are conducted in a complex, multi-currency, and cross-border trading environment. The core objective was to replace fragmented payment processes with a centralized platform that offers end-to-end visibility, improved governance, and tighter control over liquidity. By leveraging Kyriba TMS, the partnership aimed to create a unified payments hub capable of handling diverse banking relationships, regulatory requirements, and regional nuances inherent in grain trading across the Middle East and beyond. The strategic intent extended beyond mere operational efficiency; it sought to empower ME Solaris with proactive treasury management through data-driven insights and automation. Executives recognised that real-time access to cash positions across currencies would enable more informed forecasting, better cash forecasting accuracy, and faster response to changing market conditions. In paraphrase of the leadership sentiment, the Chief Accountant emphasized the value of achieving full global visibility and control of finances through Kyriba, underscoring the transformational potential of centralized treasury technology. The Group Head of Treasury highlighted the project as a catalyst for strategic focus, noting that the treasury team could prioritise growth initiatives rather than being consumed by routine operational issues. From Finesse’s perspective, the partnership with ME Solaris on Kyriba implementation represented a milestone in delivering innovative treasury transformations, with leadership acknowledging the importance of a collaborative, forward-thinking team in driving success. The Finesse team members associated with the project emphasised their commitment to delivering a robust, scalable platform and recognised the instrumental role of Andrey Ivanov in guiding innovation and project leadership. The Kyriba project’s champions at Finesse also highlighted the value of client collaboration and the shared vision that helped translate technical capabilities into practical business outcomes. The dialogue among the teams demonstrated a mutual commitment to excellence, reinforcing the belief that the initiative would unlock greater treasury efficiency for ME Solaris. Ultimately, the client’s trust in the implementation partner, combined with a clear governance framework and executive sponsorship, set the stage for a sustainable transformation that would extend beyond the immediate deployment and into ME Solaris’s ongoing growth trajectory. In addition, the collaboration benefited from the expertise of Dheeraj Khanna Pendum, who served as AVP – Kyriba Projects, stressing the confidence ME Solaris placed in the team’s ability to execute a strategic implementation. His remarks highlighted the inspiration drawn from ME Solaris’s leadership and the team’s shared vision for a modern treasury that can scale with the business. The overall articulation from all stakeholders reflected a strong consensus: centralizing payments with Kyriba TMS would deliver real-time data, enhanced control, and superior operational resilience, enabling ME Solaris to navigate a dynamic market landscape with greater agility and confidence. The partnership’s framework also encompassed a structured change-management approach to ensure smooth adoption, comprehensive user training, and a phased rollout that minimised disruption while maximising gains in efficiency and governance.
ME Solaris Commodities stands to benefit from a more coherent approach to liquidity management and a streamlined payments lifecycle that reduces manual interventions, lowers error rates, and enhances reconciliation processes. The decision to implement Kyriba TMS was framed around a clear-eyed understanding of how centralised cash and bank management could harmonise disparate payment streams, deliver real-time insights, and support strategic decision-making at the treasury level. As ME Solaris continues to expand its footprint across regions and currencies, the centralized framework is designed to scale, accommodating new banking relationships, payment types, and regulatory requirements without compromising security or control. The project’s success thus far has hinged on strong collaboration among ME Solaris’s treasury specialists, the Finesse implementation team, and Kyriba’s platform capabilities, underscoring the importance of cross-functional alignment, rigorous testing, and iterative optimization. In short, the partnership is framed as a strategic upgrade to ME Solaris’s treasury architecture that aligns with its ambition to manage a more complex, diverse, and growth-oriented business environment with clarity and confidence.
Kyriba TMS: Centralizing Payment Processes
Kyriba Treasury Management System, as the backbone of the initiative, provides a comprehensive platform for bank and cash management, payments processing, and liquidity oversight. The system centralises payment workflows, enabling ME Solaris to route, monitor, and authorise transactions through a single, secure interface. This consolidation supports consistency across payment rails, improving the speed and accuracy of settlement while reducing the risk of discrepancies that typically arise from fragmented processes. The deployment integrates seamlessly with ME Solaris’s existing banking partners and payment infrastructures, creating a unified ledger for global cash activity and enabling real-time reconciliation against bank statements and internal records. The centralized architecture offers a robust foundation for rule-based controls, where authorised approvers, approval hierarchies, and exception handling rules are embedded into the workflow, thereby strengthening governance. Real-time monitoring of payment statuses, alongside automated alerts, reduces cycle times and enhances accountability. The system’s analytics capabilities deliver insight into liquidity levels and concentration risk, helping treasury teams balance funding needs with the cost of funding across multiple regions.
From a security standpoint, Kyriba TMS provides role-based access control, device-based authentication, and comprehensive audit trails. These features ensure that sensitive payment activities are performed by vetted personnel within a controlled environment, with traceability for every action taken within the platform. The integration also supports multi-currency processing, enabling ME Solaris to manage cross-border payments more efficiently. This capability is critical for a grain trader operating across diverse markets, where cash positions may fluctuate due to exchange rate movements, trade settlement cycles, and regulatory variations. By centralising payment inputs and outputs, the organisation benefits from standardised processing times, improved data quality, and greater transparency across the entire treasury ecosystem. The implementation also emphasised continuity planning and disaster recovery, ensuring that treasury operations remain resilient even in the face of potential disruptions. In summary, Kyriba TMS acts as the connective tissue that binds ME Solaris’s payment operations, risk controls, and analytical capabilities into a cohesive, scalable platform that supports both current needs and future growth.
Real-Time Cash Visibility and Cross-Border Management
One of the most transformative elements of the Kyriba-based solution is real-time visibility into cash positions across currencies and geographic regions. ME Solaris gains a consolidated view of liquidity that spans multiple bank accounts and currencies, enabling proactive cash management and precise forecasting. This transparent picture of cash dynamics supports more informed decision-making, such as timing of supplier payments, optimization of working capital, and prioritisation of funding strategies that minimise cost and risk. The platform’s real-time dashboards offer immediate insight into the organisation’s global cash footprint, highlighting variances, inflows, outflows, and the net liquidity position at any moment. This capability reduces the reliance on periodic reporting and empowers treasury professionals to act with conviction on a daily basis.
Cross-border payments become more efficient through standardized processes and central oversight. The Kyriba-driven framework ensures that international transfers follow consistent routing, currency handling, and compliance checks, while still accommodating local requirements where needed. For ME Solaris, this translates into faster settlement times, reduced manual interventions, and lower likelihood of errors that can arise from disparate systems working in silos. The real-time visibility also supports better risk management, enabling the treasury team to spot anomalies promptly, assess exposure to currency fluctuations, and adjust hedging or funding strategies as market conditions evolve. The result is a more resilient treasury operation that can respond to regulatory changes, supplier payment terms, and regional liquidity shifts with agility. Real-time insights extend to spend analytics, enabling the business to align procurement and trading activities with available liquidity, thus promoting a more synchronized financial planning process across the organisation.
Additionally, the ability to access data across currencies and regions in real time helps ME Solaris to communicate with internal stakeholders more effectively. Department heads, regional leads, and executive management can rely on a shared, up-to-date financial picture when making strategic decisions. This shared visibility reduces information bottlenecks and fosters a data-driven culture within ME Solaris. The solution also supports better cash forecasting by incorporating actual cash movements, anticipated inflows from trade activities, and projected outflows for settlements and supplier payments. By continually refining forecasts with real-time inputs, the treasury function becomes a more accurate partner to the business, contributing to more precise budgeting and strategic planning. In this sense, the real-time cash visibility provided by Kyriba TMS acts as a cornerstone for ME Solaris’s ongoing growth, risk management, and operational efficiency.
Payment Streamlining and Fraud Protection Enhancements
The centralised payments framework is designed to streamline the entire lifecycle of a payment—from initiation to execution and reconciliation. Standardised workflows reduce manual data entry, eliminate repetitive steps, and accelerate processing times. With a single source of truth for payment data, ME Solaris can validate information more reliably, detect inconsistencies earlier, and route transactions through the appropriate approval channels efficiently. The result is a more streamlined, auditable, and scalable payments process that supports the company’s trade pace and geographic reach. The integrated system also improves fraud protection. By consolidating payment activity into Kyriba TMS, the organisation benefits from built-in fraud controls, anomaly detection, and security features that can flag unusual patterns or deviations from expected workflows. This proactive approach to risk management helps mitigate potential threats before they materialise into losses or reputational damage. The platform’s audit trails and access controls provide a clear record of who initiated, authorised, and executed each payment, supporting compliance with internal governance policies and external regulatory requirements.
From a business perspective, the enhancements in payment processing translate into tangible operational benefits. Payment cycles become shorter, which improves supplier relationships and can unlock early payment discounts where applicable. The improved accuracy and consistency of payment data reduce post-settlement exceptions and the resources required for exception handling. In addition, theability to monitor payment status in real time gives Treasury and Accounts Payable teams greater flexibility to manage cash flows and to respond promptly to supplier inquiries about payment timings. The collaboration’s emphasis on risk management also extends to supplier onboarding and payment term governance, ensuring that new vendors are vetted through standardised procedures and that payment terms align with the organisation’s liquidity strategy. This integrated approach to payments and security supports ME Solaris’s broader objective of maintaining rigorous control over its financial processes while pursuing growth opportunities in fast-moving markets. The combined effect is a more robust and reliable treasury function, capable of sustaining ME Solaris’s trading and procurement activities under a wide range of conditions.
Executive voices from the project reflect a shared conviction that the Kyriba-driven changes are a genuine game-changer. The Chief Accountant highlighted the value of global visibility and control, noting that the platform makes it possible to manage complex and diverse payments with confidence. The Group Head of Treasury described the transformation as a catalyst for strategic work, enabling the treasury team to devote more time to growth initiatives rather than routine, operational issues. The Finesse leadership team acknowledged the importance of collaboration and innovation in delivering a successful outcome, expressing appreciation for the contributions of the ME Solaris team and thanking key champions who fostered a forward-looking, customer-centric environment. Corporate leadership from ME Solaris emphasised the platform’s role in reinforcing governance and security across all payment activities, ensuring compliance with regulatory expectations while supporting a scalable growth model. The executives also stressed the importance of ongoing partnership and continuous improvement, with an assurance that the project would evolve as ME Solaris’s needs mature and new treasury requirements emerge.
Implementation Journey and Collaboration Dynamics
The journey to implement Kyriba TMS for ME Solaris was characterised by a well-structured collaboration between Finesse, ME Solaris, and Kyriba’s solution ecosystem. The project commenced with a detailed discovery phase, identifying existing payment flows, bank relationships, and pain points in decentralised treasury operations. The team undertook a thorough mapping exercise to align ME Solaris’s business processes with Kyriba’s capabilities, ensuring that the platform could accommodate multi-regional compliance, currency management, and the organisation’s specific approval hierarchies. A phased rollout approach was adopted to minimize disruption while enabling rapid value capture. The initial phase focused on stabilising core bank and cash management functions, followed by the consolidation of payment processing and the introduction of real-time visibility dashboards. Subsequent iterations emphasised advanced risk controls, fraud monitoring, and enhanced analytics—all designed to progressively elevate governance and decision support.
Change management was a critical component of the journey. Training programs and hands-on workshops were designed to help treasury staff and finance teams adapt to the new workflows, interfaces, and control mechanisms. The emphasis was on building internal capability to manage the platform, create value, and sustain improvements beyond the go-live moment. Governance structures were established to sustain accountability for policy adherence, data integrity, and operational performance. Regular review cycles and feedback loops ensured that the solution remained aligned with ME Solaris’s evolving needs and market dynamics. The collaboration benefited from strong leadership alignment, a culture of problem-solving, and an unwavering focus on delivering measurable business outcomes. The project’s leadership acknowledged the indispensable role of Andrey Ivanov as a catalyst for innovation and a steady guide for the team, underscoring the importance of a competent, forward-thinking sponsorship in complex digital transformations. The contribution of Dheeraj Khanna Pendum, AVP – Kyriba Projects, also featured prominently, highlighting how a trusted partner can inspire confidence and drive momentum through a clear, strategic roadmap. The collaboration’s success rested on the teams’ ability to maintain clear communication, manage risks proactively, and translate technical capabilities into practical gains for ME Solaris’s treasury and broader finance organization.
From a technical perspective, the implementation required careful integration of Kyriba TMS with ME Solaris’s existing banking network and ERP/mid-office systems. Data harmonisation, reconciliation rules, and workflow configurations were meticulously designed to ensure data integrity and seamless operation across systems. The deployment included robust testing, validation, and UAT processes to confirm end-to-end functionality before switching to production mode. Operational readiness measures included runbooks, incident management procedures, and escalation paths to handle issues efficiently. The partnership’s approach recognised that technology alone does not deliver value; it is the combination of people, process, and technology that yields sustained improvement. The long-term objective is to establish a resilient treasury environment capable of rapid adaptation to regulatory changes, market volatility, and ME Solaris’s growth ambitions.
Business Impact and Operational Benefits
The Kyriba-driven centralization of payments and enhanced cash management delivers substantial, tangible impacts on ME Solaris’s operations. The broadened visibility into real-time liquidity across currencies and regions enables more accurate and timely decision-making, reducing the risk of cash shortfalls and enabling more disciplined cash utilisation. This improved liquidity management supports ME Solaris’s ability to respond to supplier terms, market opportunities, and capital expenditure planning with greater confidence. The real-time data foundation also strengthens forecasting accuracy, enabling better alignment between cash inflows and outflows and reducing the variance between forecasted and actual cash positions. The streamlined payments process lowers manual workload, accelerates settlement cycles, and improves reconciliation efficiency, thereby freeing treasury personnel to engage in higher-value work such as strategic planning, risk assessment, and process optimisation.
Security and governance have been enhanced through advanced controls and auditable processes. Role-based access and secure authentication ensure that only authorised personnel can initiate or approve payments, while comprehensive audit trails provide a clear record of all actions for regulatory compliance and internal review. The improved fraud protection features help detect irregular patterns and potential anomalies at early stages, enabling proactive risk mitigation and reinforcing ME Solaris’s trust in its treasury operations. The improvements extend to cost efficiency, with reduced manual intervention and operational overhead contributing to lower administrative costs and improved operational leverage. Supplier relationships benefit from more predictable payment timelines and a stronger governance framework, supporting sustained supplier confidence and potential opportunities for favourable terms or early payment discounts. The platform also supports compliance with regional regulations and reporting requirements, providing a scalable path to meet evolving governance expectations as ME Solaris expands its trading activities.
In terms of growth and resilience, the Kyriba implementation positions ME Solaris to manage a larger, more diverse set of banking arrangements and payment instruments as the business scales. The standardised workflows and automated controls offer repeatable processes that can be extended across new geographies and product lines, enabling faster onboarding of new trading partners and smoother integration with new financial partners. The project has also set a foundation for data-driven treasury transformations, where continuous improvement becomes a core capability. As ME Solaris expands its operations, the platform’s analytics and reporting will support more sophisticated liquidity planning, risk budgeting, and scenario analysis, equipping the treasury function to anticipate and respond to changing market conditions with greater agility. The overall effect is a strengthened treasury function that not only delivers efficiency gains but also elevates ME Solaris’s strategic value to the business, enabling more informed investment decisions and improved capital allocation.
ME Solaris and Finesse recognise the importance of ongoing collaboration to sustain momentum. The project’s success was driven by the trust built between the client and the implementation partner, together with the steadfast support of leadership. The teams expressed appreciation for the cooperative spirit, which proved essential for addressing complex requirements and ensuring that the deployment aligned with ME Solaris’s strategic priorities. Looking ahead, both parties anticipate continued enhancements and potential expansion into additional facilities, business units, or market segments, leveraging Kyriba’s platform to maintain a future-ready treasury that can adapt to evolving business needs. The partnership’s ongoing commitment to optimization signals a durable path toward higher efficiency, stronger control, and a more resilient financial operation that can navigate the uncertainties of global commodity markets.
Governance, Security, and Risk Management
Central to the solution’s value proposition is a robust governance framework that ensures disciplined, auditable, and compliant treasury operations. The Kyriba TMS implementation provides strict access controls, with permissions tailored to user roles to minimize the risk of unauthorized activity. The system maintains comprehensive audit trails that document every action—from data entry and payments initiation to approvals and final settlement—supporting compliance, traceability, and forensic analysis if needed. The platform’s risk management capabilities enable real-time monitoring of liquidity positions, exposure to currency risk, and payment risk indicators. By consolidating data into a single source of truth, the treasury function can implement proactive controls to mitigate fraud, oversee counterparties, and manage settlement risk across disparate jurisdictions. The governance framework is reinforced by policy-based workflows, which ensure that payments adhere to approval hierarchies and regulatory requirements, thereby reducing compliance gaps and enhancing accountability.
Security considerations extend to data protection, incident response, and continuity planning. Kyriba TMS incorporates state-of-the-art encryption, secure data transmission, and secure storage practices to protect sensitive financial information. The system supports authentication and device-based access controls, reducing the risk of credential compromise. Operational resilience is addressed through disaster recovery planning, regular backups, and tested recovery procedures to ensure business continuity in the event of disruptions. The implementation team established clear escalation paths and documentation to support rapid response to any incident, maintaining the integrity and availability of treasury operations. The risk management framework also integrates with ME Solaris’s broader enterprise risk management activities, ensuring alignment between treasury-specific controls and the company’s overall risk posture. This integrated approach to governance and security helps ME Solaris sustain the benefits of the centralized platform while maintaining robust protection against evolving threats.
The collaboration’s emphasis on governance extends to performance measurement and continuous improvement. Key performance indicators (KPIs) track cycle times, error rates, and compliance metrics, allowing the organisation to quantify the impact of the Kyriba deployment and identify areas for ongoing optimisation. Regular governance reviews keep stakeholders informed about the platform’s effectiveness, with action plans that address any gaps or opportunities. This disciplined approach to governance ensures that the treasury transformation remains aligned with ME Solaris’s strategic objectives and regulatory obligations, while also enabling the business to respond to market dynamics with confidence and agility. The project’s leadership underscored the value of a transparent, collaborative governance model that fosters trust among all participants, including ME Solaris’s treasury staff, Finesse’s implementation team, and Kyriba’s platform specialists. Ultimately, strong governance, secure operations, and proactive risk management underpin the long-term success of ME Solaris’s treasury transformation and its capacity for sustainable growth.
Future Outlook and Scalability
Looking forward, the Kyriba-based treasury transformation is designed to scale with ME Solaris’s growth trajectory and evolving business needs. As ME Solaris expands its footprint in the grain market and potentially diversifies its product portfolio, the centralised platform offers the flexibility to incorporate additional banking partners, currencies, and payment types without sacrificing performance or governance. The architecture supports modular enhancements, enabling the company to add new features such as advanced liquidity forecasting, augmented analytics, and more sophisticated financial risk management tools as required. The real-time visibility framework provides a scalable foundation for expanded reporting dashboards, regulatory reporting, and management-level insights that can drive strategic planning at the corporate level. The long-term plan includes ongoing collaboration with Finesse and Kyriba to refine processes, automate additional treasury tasks, and explore opportunities to leverage artificial intelligence and predictive analytics to further optimise cash management and risk mitigation. This forward-looking posture aligns with ME Solaris’s ambition to maintain a lean, agile, and highly capable treasury function capable of supporting aggressive growth while preserving capital efficiency and financial discipline. In practice, such scalability means more seamless onboarding of new business units, easier integration with ERP systems, and enhanced ability to respond to global market shifts with timely, data-driven responses. The partnership’s sustainability thus rests on continued investment in people, processes, and technology, ensuring that ME Solaris can capitalise on opportunities as the business expands into new markets and trade flows. Stakeholders emphasise that the outcome is not a one-off deployment but a strategic foundation for ongoing improvement, resilience, and competitive differentiation in an increasingly complex commodity trading environment.
Conclusion
The collaboration between Finesse and ME Solaris Commodities represents a comprehensive treasury transformation anchored by Kyriba Treasury Management System. By centralising payment processes, providing real-time cash visibility across currencies and regions, and strengthening fraud protection, the initiative delivers meaningful gains in efficiency, governance, and strategic capability. The implementation process was characterised by disciplined planning, collaborative execution, and a clear focus on delivering measurable business outcomes, with leadership from both ME Solaris and Finesse expressing confidence in the platform’s ability to support ongoing growth and resilience. Stakeholders highlighted how the unified payments hub reduces operational complexity, accelerates settlement cycles, and enables more accurate liquidity forecasting. The project’s success demonstrates the value of a well-coordinated partnership that integrates technology, process, and people to elevate treasury performance and enable sustainable business expansion. As ME Solaris continues to expand its commodity trading footprint, the Kyriba-enabled treasury platform is poised to scale with the business, sustaining strong governance, robust security, and a data-driven approach to cash management that positions the company for long-term success in a dynamic market landscape. The collaboration remains a testament to strategic innovation in treasury management, underscoring the importance of global visibility and centralized control in modern finance. The partnership’s ongoing focus on optimization, expansion, and continuous improvement signals a durable commitment to helping ME Solaris realise its growth ambitions while maintaining the highest standards of financial discipline and operational excellence.
