How IFAW Uses Cloud Technology to Drive Treasury Automation
公司规模
1,000+
地区
- Africa
- America
- Asia
国家
- Worldwide
产品
- TIS Payment Hub
- Unit 4 ERP
技术栈
- Cloud-based ERP
- Open API
- ISO 20022
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Customer Satisfaction
- Digital Expertise
- Productivity Improvements
技术
- 分析与建模 - 预测分析
- 应用基础设施与中间件 - API 集成与管理
- 平台即服务 (PaaS) - 连接平台
适用功能
- 商业运营
服务
- 软件设计与工程服务
- 系统集成
关于客户
The International Fund for Animal Welfare (IFAW) is a global non-profit organization dedicated to helping animals and people thrive together. Operating in more than 40 countries, IFAW rescues, rehabilitates, and releases animals while also restoring and protecting their natural habitats. The organization partners with local communities, governments, nonprofits, and businesses to pioneer new ways to help all species flourish. IFAW operates under a shared services model to improve procurement, systems, and operations, providing support for approximately 20 global affiliates in a cost-effective manner. The organization is comprised of a family of global entities that operate in multiple regions, including Africa, Asia, and South America.
挑战
From 2008 to 2018, IFAW's treasury team operated with the same technology infrastructure despite a substantial increase in global complexity and expansion. The team used a TMS, spreadsheets, bank portals, and a locally hosted ERP. The global disparity in payment standards, settlement systems, and compliance requirements across regions made collections, disbursements, and liquidity needs complex. The shared services model required various degrees of access and control over financial data and operations. Manual workarounds for non-critical accounts were time-consuming, and some relied on mailed statements. The decision was made to overhaul the treasury technology architecture due to these constraints and the upcoming move to a cloud-based ERP.
解决方案
IFAW's primary interests revolved around unified visibility and control over global payments and liquidity for affiliates in every country. The new solution needed to manage connectivity with different bank channels, including SWIFT, host-to-host (H2H), and regional options, as well as with various 3rd party systems. The Finance department required expedited access to payments and liquidity data for all stakeholders. The upgraded treasury system would streamline the process of transmitting transaction and liquidity data to stakeholders across the organization. The solution needed to balance the needs of a semi-centralized treasury, supporting regional shared finance support centers while providing clarity around operations at each affiliate. An RFP document was drafted to identify potential solutions, and after several months of review, the RFP was issued to a half dozen TMS and payment hub providers.
运营影响
数量效益
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