Banking

Publiseg S.A. de C.V. SOFOM E.N.R. Consolidates Information and Accelerates Credit Approvals by 50%

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Executive Summary

Publiseg S.A. de C.V. SOFOM E.N.R. wanted to implement an integrated IT infrastructure to consolidate financial and administrative information to provide timely data for strategic decisions and improve administration of the company's credit portfolio to minimize client response time. The challenge was to gain better control of credit procedures for granting and drawing down funds and for tracking collections, recording transactions, and paying commissions to agents. Publiseg S.A. de C.V. SOFOM E.N.R. implemented an integrated applications infrastructure with applications from Oracle E-Business Suite On Demand and Oracle Payroll - integrating sales, operational, financial, and administrative procedures of 26 branches.

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