Imperial Bank improves efficiencies with MIP Treasury
[Johannesburg, 1 October 2009] -
Imperial Bank, the asset-based finance company, has reduced the process of loading its treasury output file into its general ledger (GL) from three hours to just 15 minutes; has reduced support response from a number of hours to just one; and significantly contained development and overhead costs as it prepares for a SAP implementation.The bank replaced an older system with MIP Treasury, in a two-month project that included implementation, customisation, and integration into its accounting system.“We service the corporate environment and don't take speculative decisions,” says Manny Lazera, head of asset liability management, treasury, and capital management.
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