Improving visibility through centralization

Company: Millicom International Cellular SA
Industry: Telecommunications & Media
Headquarters: Luxembourg
Employees: 18'000
Solutions: [ARS] [EFT] [ERP connection]
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Millicom handles hundreds of accounts globally through multiple banks located in various parts of the world, using multiple ERPs. The company needed greater visibility into its global treasury operations, more automated, scalable bank connectivity, and a centralized user interface.

Millicom chose Fides as their bank connectivity provider, as they wanted a single connection to all their banks, whether they are using host-to-host connections, SWIFT, or any other type of communication. Fides works with all of Millicom’s banks, delivering centralized access and the visibility into global transactions that the company needs.