Case Study The Coca-Cola Company Streamlining Bank Account Management Across the Globe Managing hundreds of bank relationships is a time-consuming, te
Case Study The Coca-Cola Company Streamlining Bank Account Management Across the Globe Managing hundreds of bank relationships is a time-consuming, te
3 PagesCase Study The Coca-Cola ® Company Streamlining Bank Account Management Across the Globe Managing hundreds of bank relationships is a time-consuming, tedious task for global organizations like Coca-Cola. Using Weiland BAweb TM from Fiserv, the company’s treasury services department automated the process, saving time and enhancing control. Bank account management can be a challenge for multinational companies with the need to maintain local accounts in numerous locations. Treasury departments can struggle to find the time and resources needed to manage risk and maintain proper controls. “We originally used spreadsheets for every bank account across the company, ” said Kelly Angelo, Manager of International Treasury Services for Coca- Cola. “It was so time consuming and ineff
