CASH MANAGEMENT | 01 FEBRUARY 2022

Procurement made simple.

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With the digital transformation of ERP systems, the future is now.

“SYSPRO. Technology helps to simplify business processes that are normally cumbersome and people intensive. An integrated solution of this nature eases the financial burden from finance personnel without sacrificing the necessary internal controls.”

Bulela Mgobozi, Finance Business Lead for SYSPRO EMEA

We are pleased to announce the SYSPRO 8 ERP system, a new innovative product offering from Enterprise Resource Planning (ERP) developed in collaboration with Absa to improve procurement processes in large-scale organisations.

The SYSPRO 8 ERP system exemplifies the growing collaboration between technology and banking groups to provide client-centric solutions that improve business performance while lowering risk and financial loss. "Integrating payment services is only the beginning," says Richard Stocken, Head of Cash Management Product, Absa CIB. We believe there will be many more opportunities to bring innovation to financial processes once we have these services in place."

This is yet another example of how important it is for us to demonstrate the importance of collaborating as a bank that not only understands the market, but also leads in financial innovation for long-term business growth.

Contact Richard Stocken for more information, Head Cash Management Product, Absa CIB.

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