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Maersk
Going Global: How Maersk Container Industry Modernized Banking Automation with Truvio
Read how Maersk, modernized and automated its financial operations using Truvio for Microsoft Dynamics 365 Finance & Supply Chain.
About Maersk
Maersk Container Industry (MCI), founded in 1990 and headquartered in Denmark, is the container manufacturing unit of the larger transportation and logistics firm, A.P. Moller-Maersk Group.
MCI develops, manufactures and provides an array of different container types and sizes for Maersk and is active in business on a global scale, including within the U.S., China, the Netherlands, Singapore, South Africa and beyond.
When it came time for the container producer to select a new enterprise resource management system, it had several critical requirements that needed to be addressed.
The Challenge:
A Legacy System with Nowhere to Go
Before partnering with Truvio, MCI used a legacy ERP system that hadn't been updated for seven years. The company didn't have the option to upgrade the older software and instead needed to find a beneficial replacement.
Because Truvio is one of the first and only banking service providers to offer cloud-based Banking Automation services for Microsoft Dynamics 365, MCI executives had to make the decision between using the basic features provided by the out-of-the-box Microsoft Dynamics software or work with Truvio to ensure that the ERP could integrate and function with the global banks MCI had partnerships with.
In addition, MCI aimed to find an ERP solution that was more user-friendly and streamlined than the previous system. The company's legacy software had never been fully implemented within the organization, and employees had to leverage manual workarounds using paper spreadsheets alongside the digital system.
The Solution:
A Global Player Needs a Global Solution
In order to address these needs, MCI turned to Truvio and its Microsoft Dynamics 365 Banking & Treasury Automation Suite. Upon the company's first investigation of Truvio's solution, decision-makers and users found the banking solution to be solid, and an advantageous replacement for its previous system.
Initially, MCI rolled out Truvio's Microsoft Dynamics 365 banking automation solution at two of its production locations in China, with subsequent deployments taking place in Chile and at the company headquarters in Denmark. Currently, vendor payment capabilities are live at two of MCI's China sites, as well as in Denmark.
Truvio is one of the first and only banking service providers to offer cloud-based Banking Automation services for Microsoft Dynamics 365.
The Results:
Faster, Simpler, Global — By Design
As a worldwide organization, finding a solution provider that could offer the required ERP features and help facilitate streamlined integrations with local and global banks was a challenge. Thankfully, MCI found everything it needed in its partnership with Truvio.
Because the solution is cloud-based, MCI now enjoys consistently fast performance at all of its locations, as well as improved efficiency and cost savings compared to its previous on-premise system.
Because the solution is cloud-based, MCI now enjoys consistently fast performance at all of its locations.
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