Gane Index
All indexesEvery index and its categoriesGTMMarketing, sales, customer and revenue operations softwareITSecurity, IT operations, cloud, developer and data softwareHRHR, payroll, recruiting, performance and learning softwareFinanceAccounting, planning, spend, billing and treasury software
Claim your listing
Index › Finance › Treasury and cash › Treasury management syst › Kyriba vs Agicap
Treasury management systems · November 2026 Edition

Kyriba vs Agicap

Three of fourteen models named Kyriba first on the direct prompt; zero named Agicap. Kyriba was named by fourteen of the fourteen models and Agicap by eleven and Kyriba carries 49 labels and Agicap 26, so the shares are not directly comparable.

Kyriba

criticized challenger

Named in five categories this edition.

Agicap

accepted challenger

Named in four categories this edition.

First-choice share8%6%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate35%12%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#2#4A position in a field of 11; printed, not drawn.
Labels4926A count; the two differ.
The two percentage rows are drawn on one 0 to 100 track, Kyriba reading right to left. Rank and label count are printed, not drawn.Trovata was named alongside these two in thirteen of the fourteen direct answers. Trovata vs Kyriba · Trovata vs Agicap · Kyriba vs Mercury

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all fourteen models, for a mid-market B2B company; rank is within the category; every quote names the model and the prompt it came from. Both figures come from the treasury management systems page.

By framing

How many of the fourteen models made each the first choice, per way of asking, and how many argued against it.
KyribaFirst choices, of fourteen modelsAgicap
Direct303 against Kyriba
Paraphrase00
Comparative100
Budget-constrained038 against Kyriba
Scale-constrained10
Negative006 against Kyriba · 3 against Agicap
Bars are first choices, 0 to 14 each sideModels that argued againstA model can name both, so the two sides of a row do not sum to fourteen.

Across every category in the November 2026 Edition, Kyriba and Agicap were named in the same answer ninety-two times, of the 278 answers naming Kyriba and the 134 naming Agicap. In those answers Agicap took the first choice twenty-four times and Kyriba seven.

Every model, every framing

The eighty-four answers behind the chart above, one cell each: where Kyriba and Agicap stood in it.
ModelDirectParaphraseComparativeBudget-constrainedScale-constrainedNegative
Claude Haiku 4.5
GPT-5.4 mini
Gemini 3.5 Flash
Perplexity Sonar
Grok 4.20
Mistral Small
DeepSeek V4 Flash
Llama 4 Maverick
Qwen 3.7 Flash
Kimi K2
GLM 4.7 FlashX
MiniMax M2.5
GPT-6 Luna
Muse Glimmer 30B
Kyriba Agicap first choice named as an alternative argued againstblank: not namedEach cell is one answer, Kyriba on the left and Agicap on the right.

The direct prompt

The plain question, one answer per model, grouped by where Kyriba and Agicap stood in it.

Kyriba first, Agicap not the choice

3 of 14 modelsAgicap was named in the answer but not as the choice, or not at all.
GPT-5.4 miniKyriba alternatives: Coupa Treasury, Nomentia, Trovata
Qwen 3.7 FlashKyriba alternatives: GTreasury, Trovata
GPT-6 LunaKyriba alternatives: Ripple Treasury, Trovata

Neither was the first choice, one was named

8 of 14 modelsThe answer put something else first and named one of the two as an alternative.
Gemini 3.5 FlashTrovata alternatives: Centime, Embat, HighRadius Treasury Management, Kyriba, Nomentia
Perplexity SonarTrovata alternatives: Agicap, Embat, GTreasury, HighRadius Treasury Management, Nilus
Grok 4.20Trovata alternatives: Agicap, GTreasury
DeepSeek V4 FlashTrovata alternatives: Embat, GTreasury, Kyriba
Llama 4 MaverickTrovata alternatives: Agicap, Embat, GTreasury
Kimi K2Trovata alternatives: Agicap, Embat, Kyriba, Nilus, Panax
GLM 4.7 FlashXTrovata alternatives: Centime, Kyriba, Panax
Muse Glimmer 30BTrovata alternatives: Agicap, Embat, FIS Quantum Express, GTreasury, Panax, Treasura, TreasuryXpress

Neither was named

3 of 14 modelsThe answer made no first choice from these two in this category.
Claude Haiku 4.5no first choice
Mistral SmallTrovata alternatives: ATOM Treasury & Risk Management, Embat, HighRadius Treasury Management
MiniMax M2.5GTreasury alternatives: Centime, TreasuryView, Trovata

Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment and they are never added together. The figures above are the mid-market standing, which is the one the category orders by.
Small business
Agicap leads by twenty points.
Agicap20%#1 of 14
Kyriba0%#14 of 14
The full small business standing →
Mid-marketThe figures above
The order flips: Kyriba leads at mid-market.
Kyriba8%#2 of 11
Agicap6%#4 of 11
The full mid-market standing →
Enterprise
Kyriba leads by forty-three points.
Kyriba43%#1 of 12
Agicap0%#– of 12
The full enterprise standing →

What the models said about Kyriba

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Five of five in this category shown.

“avoid enterprise tools like Kyriba or GTreasury that charge premiums for those unused features” Qwen 3.7 Flash · budget prompt · hard negative
“Avoid enterprise platforms such as Kyriba, SAP Treasury, or GTreasury” Perplexity Sonar · budget prompt · hard negative
“Broad cloud treasury suite: cash and liquidity, forecasting, payments, bank connectivity, working capital, and risk. A common shortlist candidate for multinationals” GPT-6 Luna · comparative prompt · first choice
“Kyriba is widely considered the leader in bank connectivity... It strikes the best balance between powerful risk management and usability/payments features.” Qwen 3.7 Flash · comparative prompt · first choice
“Choose Kyriba for a broadly capable, independent enterprise TMS with global connectivity.” Perplexity Sonar · comparative prompt · first choice

What the models said about Agicap

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Five of five in this category shown.

“lightweight cash visibility/forecasting tools (such as Agicap or basic startup-oriented cash management platforms) ... quickly break down when dealing with complex corporate structures” Gemini 3.5 Flash · negative prompt · soft negative
“recent review summaries cite sluggish implementation, feature-management issues, limited reporting/customization” GPT-5.4 mini · negative prompt · soft negative
“Users report integration issues with DATEV and banks, requiring manual effort for complex financial setups” DeepSeek V4 Flash · negative prompt · soft negative
“The Affordable Standalone TMS (Best for SMEs) ... Agicap ... Priced specifically to compete with manual Excel processes” Qwen 3.7 Flash · budget prompt · first choice
“Agicap is the strongest general-purpose choice if you need cash visibility, bank feeds, and short-term forecasting” Perplexity Sonar · budget prompt · first choice
Also compared
Trovata vs KyribaTrovata vs AgicapKyriba vs MercuryKyriba vs GTreasuryMercury vs AgicapAgicap vs GTreasuryAll ten head-to-head pages and the full treasury management syst standing

Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.