The client is a Global Fortune 500 corporate group with business spanning across diverse interests such as energy, banking, retail, healthcare, telecom, etc…
Details of lending and borrowing finance institutions, loans, loan accounts, and transactions were recorded and managed manually using spreadsheets. Calculations of interests, loan repayment schedules were carried out manually.
- Improved cash visibility, forecasting and mobility, ensuring timely availability of cash business needs.
- Reduced transaction cost through automation and integration.
- Improved asset performance and management of liabilities.
- Optimal and timely reporting and configurable workflows for system users.