MANN+HUMMEL


Increased efficiency in bank account management



SUCCESS STORY MANN+HUMMEL

The central Treasury at the head office in Ludwigsburg are responsible for liquidity management, risk management, capital financing and banking policy as well as the management of more than 250 bank accounts. Due to the increasing complexity in the management of the various bank accounts, account information and authorisations, the company was facing the challenge of an efficient and secure bank account management.

MANN+HUMMEL faced following challenges:

  • High manual effort in the bank account management with increased risk of error
  • Time consuming, paper based workflow processes
  • Limited ability to provide information and data actualityt
  • Lack of reporting capabilities
  • Inadequate audit compliance and Corporate Governance
  • Inefficient, non-transparent workflow processes

Learn more about how MANN+HUMMEL, together with TIS, managed to standardise bank account management worldwide, harmonise internal processes and increase process security.

Register now to download the MANN+HUMMEL Success Story.






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