Wanhua Reduces Its Manual Payments by 98% in Less Than Six Months
Wanhua Reduces Its Manual Payments by 98% in Less Than Six Months
2 PagesRisk Management www.kyriba.com · 1-855-KYRIBA-0 Copyright © 2019 Kyriba Corp. All rights reserved. Kyriba and the “kyriba” logo are trademarks of Kyriba Corp. KYRIBA CASE STUDY Wanhua Reduces Its Manual Payments by 98% in Less Than Six Months Case Study Wanhua Chemical Group is one of the world’s most successful polyurethane producers. As a manufacturer and distributor of polyurethane and other related products, it has four manufacturing bases in China and Europe. In addition, it has subsidiaries in more than ten countries across Asia, Europe and North America. A Fragmented View In 2010, Wanhua began the process of upgrading its finance technology. At the time, it relied on numerous e-banking solutions, which was not only inefficient but resulted in the business having an incomplet
