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Transforming Complex Technology Into Extraordinary Business Performance

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 Transforming Complex Technology Into Extraordinary Business Performance - IoT ONE Case Study
Technology Category
  • Application Infrastructure & Middleware - Data Visualization
  • Cybersecurity & Privacy - Database Security
Applicable Industries
  • Finance & Insurance
Use Cases
  • Cybersecurity
  • Virtual Prototyping & Product Testing
Services
  • Cybersecurity Services
  • Software Design & Engineering Services
The Challenge

• Lack of complete visibility into status of individual transactions

• Absence of consolidated view to manage operations and optimize use of cash reserves

• Reliance on a slow, expensive, and outsourced process to develop, test, and deploy new transaction formats

The Customer
About The Customer

BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and Enterprise Software company based in Houston, Texas. Its international headquarters is located in Houston, Texas, United States.

Gartner has positioned BMC as a Leader for the eighth consecutive year in Gartner's 2021 Magic Quadrant for IT Service Management Tools for its BMC Helix ITSM solution.

The Solution

• Centralize and automate A/P and GL reconciliation

• Enhance bank relationship management

• Improve visibility into actual and projected cash flows

Operational Impact
  • [Data Management - Data Accuracy]

    • Enhanced reporting and control over global portfolio of bank accounts

    • Accurate and timely visibility into cash holdings

  • [Data Management - Cyber Security]

    • Lowered risk exposure

    • Dramatic reduction in time to deploy new transaction formats and add/ modify bank, currency, or payment types

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