Sandton, 2148,
South Africa
The Treasury Counsel
The Treasury Counsel, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. The Treasury Counsel collaboration with software players such as FIS Global empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| The Treasury Counsel | FIS Global | FIS Treasury and Risk Manager - Integrity Edition | Treasury Management | TRM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
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PPC Cement | Manufacturing | 3500 | $530M | South Africa | FIS Global | FIS Treasury and Risk Manager - Integrity Edition | Treasury Management | 2019 |
In 2019, PPC Cement implemented FIS Treasury and Risk Manager - Integrity Edition to consolidate its corporate treasury operations under a Treasury Management solution. The deployment targeted the treasury back office and front office, aligning daily cash management, liquidity forecasting, and funding position reporting with the companys treasury governance requirements.
FIS Treasury and Risk Manager - Integrity Edition was configured to support core Treasury Management capabilities including cash and liquidity management, payments and foreign currency handling, interest and bank fee accounting, intercompany cash flows, and month end treasury reporting for cash management and funding position. Configuration work emphasized operational modules for daily, weekly, and monthly cashflow processes and GL-level reconciliation controls in the treasury area covering bank fees, intercompany, interest charges, foreign exchange, and commitment fees.
The program included explicit integrations and banking connectivity work, notably a SWIFT implementation and SAP integration, plus a transactional banking tender and a centralized banking rollout to unify PPC subsidiaries banking. The Treasury Counsel served as the implementation partner for the Integrity implementation, and the solution was connected to South African bank relationships and PPC subsidiaries to centralize collections, payments, and foreign currency operations.
Governance and process changes accompanied the technical rollout, with updates to treasury operational management policies and procedures, Reserve Bank compliance and returns, maintenance of the financial risk register, and alignment with funding committee and financial risk subcommittee workflows. Implementation responsibilities included training and development of treasury staff, project budget control, and embedding centralized banking and working capital optimization practices to ensure the organisations liquidity and funding requirements are met.
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Buyer Intent: Companies Evaluating The Treasury Counsel Services
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