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Highest security standards for payments
Technology Category
- Cybersecurity & Privacy - Security Compliance
- Functional Applications - Enterprise Resource Planning Systems (ERP)
- Platform as a Service (PaaS) - Connectivity Platforms
Applicable Industries
- Food & Beverage
Applicable Functions
- Business Operation
Services
- Cloud Planning, Design & Implementation Services
- Cybersecurity Services
- System Integration
The Challenge
Royal FrieslandCampina NV faced a highly complex ERP environment due to the simultaneous use of several diverse systems. The payment processes were labor-intensive, relying on local e-banking tools, and there was a lack of cash flow transparency. The company aimed to reduce costs by decreasing the number of banking platforms that needed individual management and sought to establish transparency into comprehensive accounts information across its global subsidiaries.
About The Customer
Royal FrieslandCampina NV is a multinational company headquartered in Amersfoort, Netherlands. It develops, produces, and markets a wide assortment of milk products for private and professional users and the grocery trade. The company was created in 2008 from the merger of Royal Friesland Foods and Campina and is a cooperative owned by 19,000 farmers. With a global presence, the company operates in various regions, including Europe and Asia, and has a complex ERP environment due to the use of multiple systems.
The Solution
The solution involved deploying the TIS platform as a single point of contact for all payment activities, integrated into a unitary SAP system. This central payment platform enabled the standardization and automation of payment processes. The cloud-based approach made the platform easy to implement and use. Security was a primary consideration, and TIS was certified to the ISO/IEC 27001 standard. The flexible multi-channel deployment of TIS allowed Royal FrieslandCampina NV to connect to banks via the appropriate or desired channel, either by host-to-host or EBICS, ensuring fast connectivity between the banks and the SAP system.
Operational Impact
Quantitative Benefit
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