Wipro Enterprises, the non-IT arm of Wipro, IBSFINtech, and one in every of India’s largest non-public banks, have collaborated to allow end-to-end automation of Wipro Enterprises’ treasury operate.
This would allow end-to-end seamless automation expertise of company treasury operations, mentioned IBSFINtech in a press launch.
IBSFINtech’s complete treasury, danger & commerce finance administration (TRTFM) answer could be used for a holistic digital transformation of the vital treasury capabilities at Wipro Enterprises.
The tripartite association between a company, a financial institution and the expertise vendor units the milestone for a long-term dedication to allow seamless connectivity and play a pivotal function in digitization of the monetary ecosystem in India.
“We wanted to move beyond spreadsheet operations, manual management and deploy a dedicated solution. We evaluated the solutions available in the market and IBSFINtech, being a highly configurable and a comprehensive solution for Treasury management, suited our requirements.
We are glad that we conceptualised this unique proposition bringing together India’s most technologically advanced bank and IBSFINtech to integrate and enable end-to-end connectivity for our treasury Function,” Kumar Ayashkanta, Head, Global Corporate Treasury, Wipro Enterprises, was quoted saying.
CM Grover, managing director and chief government officer, IBSFINtech, mentioned this partnership would open up new avenues for enabling automation within the treasury and commerce finance operate of
the corporates for all of the three events. “We are excited to onboard Wipro Enterprises onto our solution and enter into a long-term association with India’s leading private sector Bank to facilitate reach of our comprehensive solutions to their end customers,” he mentioned.
