Case Study: JLT improves pensions finance efficiency with Cashfac

Jardine Lloyd Thomson improves efficiencies for Pensions finance teams with Cashfac

Jardine Lloyd Thomson (JLT), a large risk specialist and employee benefits group, faced challenges with manual and time-consuming administrative processes for pension contributions. Their finance team had to manually confirm receipt of funds before investments could be made, which slowed operations and introduced risk. Cashfac implemented its Virtual Bank Technology to automate these core processes, streamlining JLT's workflows.

The Cashfac solution automated banking connections and reconciliations, replacing five separate electronic banking platforms. This provided greater visibility and removed the need for manual data re-entry. The results for JLT included significant cost efficiencies, a reduction in departmental headcount, faster investment of incoming funds, and improved operational control across its global business units.

JLT

Ian Robinson

Chief Operating Officer