Category Sponsorship Banner Left

Category Sponsorship Banner Right

×

Warning

JUser: :_load: Unable to load user with ID: 66

Category Sponsorship Banner Middle

Tuesday, 06 October 2009 09:18

SAP takes the cream with contract win

By
Australia’s largest dairy company, Murray Goulburn Co-operative (MGC), has implemented a SAP ERP solution to transform its loan management systems, which MGC says has increased data clarity, accuracy and transparency, and allowed it to increase the opportunities to offer finance to Australian dairy farmers.

SAP says the implementation was completed in three months with the support of its special expertise partner, IZAZI Solutions.
 
MGC’s manager industry and government affairs, Robert Poole, said today the company has very close relationships with its members, and was in a unique position to support them with short term funding.

Poole said that the company offers its members low interest and flexible loan options, with loans repaid by the proceeds from the member’s future milk production, and that the new software from SAP and IZAZI had “improved reporting capabilities and audit processes, and increased the funding opportunities that we can offer to members.”

Previously MGC was using tools that had been developed in-house, databases and spread sheets for loans management, and Poole said the new software supports a more rigorous and rigid approval process for loans, in line with current regulatory requirements.

According to Poole, MGC plans to roll out an electronic loan application form for farmers in Victoria before the end of this year, and he added, “this Web based loan form will increase the accuracy of data capture from new applicants.  Approximately 30 regional field officers will be utilising the Web-based application form, servicing about 2,600 farmers.” 

Poole said the implementation was very quick.

“IZAZI had a good team and were very productive – they demonstrated to us that they were up to the task. This has been a wise investment for us, especially given the recent economic situation. International prices for dairy products such as milk powders, cheese and butters fell dramatically as a result of the GFC.

“Consequently, farmgate returns fell sharply. These factors combined with the recent dry seasons in some parts of Australia resulted in increased demand from suppliers for short-term finance and it was important that the software tools were in place to support the increased demand.”

MGC is currently using SAP financials, procurement, sales & distribution, production planning, plant maintenance and HR/ payroll modules of SAP ERP 6.0, and is looking to implement SAP business intelligence software in the near future.


Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP

The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.

ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments