Implementing a digital initiative project for one of our clients from customs clearance companies to transfer most of the institutional transfers and government payments through alternative channels,
This initiative resulted in the following:
Achievements:
- Our consultation process of the digital payment transactions during the month following our consultation led to do 78.5% of the company's total traditional transactions comparing of the same month of the previous year.
- According to our consultation from a sole branch of the company the transactions number increased to 62.3% of the total company transactions in the same month.
- Saving 95% of the time consumed to implement transfer operations.
- Reducing the operational cost by 72.8% within a period of only three months.
- Generalizing the successful experience to all branches of the company to achieve the same results.
Supervising a project for a comprehensive restructuring of operations and archiving processes in several departments for the benefit of a major financial institution
Our recommendations included:
- Improving the Processes of report’s arrangement and updating the electronic and paper archiving systems in an integrated manner.
- Implementing innovative strategies to ensure the efficiency process of organizing data and documents.
- Emphasizing the application of the governance system through the principles of data clarity, disclosure and transparency policies.
Achievements:
- Improving the quality of financial reports and enhancing the performance of departments.
- Obtaining an excellent rating in internal audit reports during the visits following the consulting process.
- Generalization the experience of the implemented project to all branches of the financial institution.